Fundraising

The Capital Trust Group has launched a new vehicle dedicated to the Middle East and North Africa region with backing from the European Investment Bank.

The publicly traded investment banking firm has announced a first close on $558 million for its second private equity fund, with $135 million coming from the firm’s managing directors and professionals.

Having tapped both equity and fixed interest investors, the Helsinki-based private equity firm has announced the final close of its latest mezzanine fund.

Carlyle Group, the Washington DC-based global buyout firm, has raised $7.85bn and $2.2bn respectively for its latest US and European buyout funds.

Three years after finding $400m for its first fund, the healthcare specialist has raised a fresh pool of capital.

CSFB’s DLJ Merchant Banking Partners will continue to manage its current portfolio and raise a new fund, while DLJ head Thompson Dean is leaving the firm.

Mount Kisco, New York-based private equity firm Kohlberg & Company has purchased a specialty paper manufacturer for $180 million.

The Canadian early-stage technology firm has closed an oversubscribed venture capital fund, its third since inception.

Roberto Italia, who left the European buyout operation of Henderson Private Capital in late 2004, has joined European private equity group Cinven.

Abraaj Capital, the Dubai-based buyout firm, is launching its second fund with a target of $500m.