Fundraising

Partners Group, a Swiss listed fund manager, has appointed Credit Suisse, Merrill Lynch and Bear Stearns to launch the listing of a €400m AIM-listed fund investing in Europe, North America and Asia.

The mezzanine and preferred equity investor, founded by two former bankers, has proved its model to investors and raised twice as much as its 2004 debut.

KSL Capital Partners, a private equity fund specializing in the travel and leisure sector, has closed its new fund on about $1.1bn, outraising its original target of $750m.

As many as 900 people are expected to attend Carlyle’s annual investor meeting in Washington DC next week, during which the firm is expected to unveil further details about its new Middle East and hedge fund platforms.

Baring Private Equity Asia has raised $490 million in a new Asia-focused fund that will be seeking opportunities in Japan for the first time, founding partner and chief executive officer, Jean Eric Salata tells PEO.

3i and Star Capital Partners have sold Swiss aircraft maintenance company SR Technics to a consortium of investors from the United Arab Emirates for €1 bn.

The venture capital firm announced the close of its second fund on $375m, which it plans to invest in biotech, pharmaceutical and medical device companies in various stages of development.

The London-based emerging markets specialist has made an initial close on $1.3bn for its Global Special Situations Fund 3.

The former buyout arm of Dutch Rabobank has closed its first fund since spinning out of the bank on target after one year’s fundraising.

The European affiliate of buyout and mezzanine firm American Capital Strategies has increased its revolving credit facility to €900m, giving the company approximately €1.65bn in firepower.