Fundraising

Inflexion Private Equity has raised £165 million for a new buyout fund in a six-week marketing effort.

The Polish private equity manager has closed its Innova/4 LP fund at €225 million, and boasts a 1.5 percent commitment from the firm’s partners.

On the back of good interim six-month results, Europe’s largest quoted private equity manager is looking to launch a standalone infrastructure business.

The US buyout firm has appointed Walid Musallam to head its Middle East hybrid investing business, which is due to hit the fundraising trail for up to $1 billion.

The New York City-based private equity real estate investor has raised $590m for its second vehicle focused on the North American office market.

One of the largest financial services companies in the world is adding to the wall of money chasing European real estate with the final closure of its first pan-European fund.

Montagu Private Equity, a UK mid market firm, is parting with its second UK head in just over a year as Nigel Hammond leaves to pursue other interests.

Latest numbers show a drop in fundraising and early stage in particular, but improved returns, increased investment and this week’s mega fund suggest a brighter future for the continent.

GBS Finanzas, a Madrid-based investment bank that has sourced a number of deals for Spanish private equity firms, is planning a fund of its own.

The Australian banking group has signalled an €1.1bn unsolicited offer for Techem, a German utility data services provider, whose board has said it will wait to examine the proposal before judging it hostile