Fundraising

New York-based Apollo and Indian investment group SUN have closed a $630m fund focused on the Indian property sector.

The Nordic firm is fast transforming itself into a alternative asset powerhouse with mezzanine and special situation funds to complement its buyout business and has underlined its territorial expansion with a second China fund.

Guggenheim Aviation Partners, a division of Guggenheim Partners, has ordered three Boeing 777 freighter jets as the firm pursues a $750m fund.

The European private equity firm has embarked on its first deal in Spain since opening its office in September this year with the acquisition of Avanza, a bus operator.

The London- and Paris-based investment group has wrapped up a total of €86m in fresh funding.

Industri Kapital has sold on Consolis in a secondary buyout, making three times its money after a buy-and-build in 2005.

The San Francisco- and New York-based consumer products specialist has exceeded its last vehicle by $375m.

Environmental Technologies Fund is blazing a green trail with its debut cleantech fund offering for institutional investors.

Actis has hired a former leader at the World Bank Group to head up its African operations.

The Short Hills, New Jersey-based private equity firm run by three ex-Goldman pros has already made its first investment – last month’s $1.34bn power generation deal.