Regulation

The global venture capital firm says its $45m investment in Nimbus is the largest ever private equity investment in the Indian media and entertainment industry.

The global private equity firm is demonstrating a penchant for investing in other firms’ funds. But don’t expect it to launch a fund of funds operation just yet, reports Andy Thomson.

The New York-based private equity firm is opening an office in India, as well as earmarking $1bn for investment in the country.

The UK mid-market buyout house has announced the final close of its latest vehicle four months after launch.

The insurance giant’s Global Investment Group has agreed to buy the private equity assets of Dresdner Bank’s Institutional Restructuring Unit, which has approximately €1.1bn worth of interests in about 150 funds.

Troubled insurance broker Marsh & McLennan announced its MMC Capital private equity unit is to become independent.

Paris-based Sofinnova Partners has pulled off a rare fundraising success for a European venture group, raising €385m for its fifth vehicle.

The financial services company is reportedly considering the sale or closure of its $3bn private equity arm, MMC Capital.

The New York biopharmaceutical specialist closes its first ever fund alongside a friends-and-family vehicle.

The Munich-based venture capital firm has announced a first closing of its latest fund on €85m. It is aiming to close on at least €120m next year.