Fundraising

Dominic Shorthouse’s mid-market fund has closed its second fund despite only exiting two investments from its first fund in 2002.

Citigroup Property Investors has closed on its Asia Pacific real estate fund on $1.3bn, including a $200 million commitment from the financial services giant.

3i has made its second investment in two days as it returns to a third round of $125m fundraising for an Indian broadcaster alongside a US supplier of networking equipment for the internet and Oman Investment Fund.

Swiss investment manager LGT Capital Partners has closed a €609m fund of funds, which will target the European mid-market.

Carlyle has already raised €2.4 billion of its €4.6 billion European buyout fund

Citigroup joins forces with a UK government-backed investor to target African opportunities.

Macquarie Bank has teamed up with rival BC Partners to takeover Techem in Germany’s first ‘hostile’ public-to-private.

The Dutch bank’s Global Infrastructure Fund is adding to its portfolio of European gas transportation assets.

AIG Global Investment Group hires two into European leveraged loan group

The Paris fund of funds, with €307 in fresh capital commitments, has already made commitments to 15 GPs.