Angela Sormani

BNP spin-out Glennmont closes second clean energy fund

BNP Paribas spin-out Glennmont Partners has closed its second fund, Clean Energy Fund II on 500 million euros ($656 million) exceeding its target of 450 million euros.

The Jordan Company sells Casco to Amphenol Corporation

The Resolute Fund II, a private equity fund managed by The Jordan Company II, is selling Casco Automotive Group, a division of Cap-Con Automotive Technologies to Amphenol Corporation. The Resolute Fund II acquired Cap-Con Automotive Technologies Group in November 2012.

Vygon Group buys Medwin

Vygon Group has acquired Medwin, a company based in southern France, specialized in feeding pumps and related accessories. The financial terms of the agreement were not disclosed. Vygon is a medical devices group.

DN Capital raises $200 mln for third European fund

DN Capital has raised $200 million for its third venture capital fund, GVC III. The fund is dedicated to investing in early and growth stage companies in northern Europe.

peHUB First Read

This Tuesday morning read all about Chicago Teachers' search for a deputy exec director, an analysis of cross border LBOs and the top five European biotech SMEs.

IK refinances Solina and seals SFK Food deal

Following its acquisition of a majority stake in food ingredients business Solina, IK Investment Partners has refinanced its debt and signed, in parallel, the acquisition of SFK Food. The business is a Danish provider of culinary and functional solutions for the food industry.

Target Partners' tado° joins forces with HomeServe

Smart thermostat company tado° has joined forces with HomeServe, a European home assistance provider. tado° is backed by Target Partners.

Bridgepoint acquires Moneycorp

Moneycorp has been acquired by Bridgepoint from funds advised by SOF Investments. Moneycorp is a specialist foreign exchange provider.

peHUB First Read

Here's a Labor day edition of First Read including a look at Carlyle's Chinese private equity activity, CalPERS seeking a private equity investment officer II, LPs expanding their alternative asset investment teams and the latest in Asian private equity activity.

Blackstone Energy Partners invests in Tamarind Energy

Blackstone Energy Partners has backed Tamarind Energy, a new exploration and production company headquartered in Kuala Lumpur. Blackstone Energy Partners has provided a capital commitment of up to $800 million.