Angela Sormani

LP Scorecard: Get your Return Data Here!

This week Buyouts brings you the one-click shop for your pension fund return data. Scroll down to find out where you can get the most up-to-date performance data for the most prominent US pension funds investing in private equity.

H.I.G.-Backed Losberger Acquires Container Specialist GRAEFF

Losberger, an H.I.G. Europe portfolio company headquartered in Bad Rappenau, Germany, has acquired the assets of GRAEFF Container und Hallenbau. GRAEFF develops, produces, sells or leases steel halls (i.e. for production or warehousing), pavilions (offices, sales outlets) and containers (accommodation, sanitary and workshop containers). Losberger sells and leases temporary tent and hall systems.

Dachis Group Promotes Hinchcliffe to Chief Strategy Officer

Dachis Group has promoted Dion Hinchcliffe to chief strategy officer. Dachis Group is a social marketing optimization software solutions business.

Tar Heel Capital Celebrates First and Final Close of THC2

Polish investor Tar Heel Capital has reached a first and final close of its latest fund, THC 2, at 50 million euros ($64.5 million). Athos Partners acted as sole placement advisor to the Fund.

EI to Finance Development of Radiotherapy Center in Poland

Enterprise Investors is to finance the development of a radiotherapy center in Silesia (southern Poland), in cooperation with a private company and a medical university. Polish Enterprise Fund VII will buy 100% of the Center for Cancer Diagnostics and Therapy (CDiTO) from Voxel, a Warsaw-listed operator of diagnostic medical centers and a manufacturer of radiopharmaceuticals.

SVG Advisers Signs United Nations Backed Principles for Responsible Investment

Private equity fund management and advisory business SVG Advisers Limited has become a signatory to the United Nations backed Principles for Responsible Investment (PRI). SVGA will form part of the PRI’s private equity work stream which brings together limited partners, general partners, advisers and fund of funds to raise awareness and support implementation of the principles in this asset class.

AXA Private Equity and Intesa Sanpaolo Back Majority Stake in Limacorporate

AXA Private Equity and Intesa Sanpaolo are to acquire a majority 66 percent stake in Limacorporate. The existing management of Limacorporate SpA will reinvest in the remaining 34 percent. Limacorporate was founded by the Lualdi family in 1975 and is manufacturer of orthopaedic devices.

IBM Acquires Butterfly Software

IBM has acquired Butterfly Software, a privately held data analysis and migration software company headquartered in Maidenhead, England. Financial terms were not disclosed. Butterfly will become part of IBM's software group.

Kiip Gets Backing from Japanese Internet Giant Digital Garage

Mobile rewards network Kiip has secured financing from Japanese Internet business Digital Garage. The strategic investor joins the company's most recent $11 million round of Series B funding. The company is backed by Relay Ventures, Hummer Winblad, True Ventures, Verizon Ventures, Crosslink Capital and others.

Actis Invests in Chinese Casual Dining Chain Bellagio

Pan-emerging markets private equity firm Actis has backed Chinese casual dining chain Bellagio. Founded in 2001 in Shanghai by the Lin Family, the company has 35 restaurants across a number of Chinese cities, as well as Macau and the Philippines.