Jo Nash

Bank of Scotland buys LDC’s stake in property business(3)

Lloyds TSB Development Capital has sold its minority stake in UK property business Apollo Group to the Bank of Scotland.

Advent raises biggest-ever Latin America fund

The global buyout firm has raised $1.3 billion for the biggest Latin America-focused private equity fund ever. Advent’s Latin America CEO told PrivateEquityOnline that investments in the service sector will be the fund’s sweet spot.

Citi makes two Turkish venture investments

The venture capital business of Citi Alternative Investments has bought stakes in two Turkey-quoted retail companies as it seeks to increase its exposure to the region.

Graphite backs £22m fitness club buyout(2)

Graphite Capital has invested in a £22 million management buyout of fitness business The Third Space Group.

FF&P homes in on OKA

Fleming Family & Partners, a UK asset manager, has bought a majority stake in UK home retail business OKA for an undisclosed amount.

Barclays sells Direct to LDC

Lloyds Development Capital has bought Direct Group, a UK provider of insurance services, from Barclays Private Equity.

Apax makes 40x return on healthcare exit(3)

The global buyout firm has netted a return of more than 40 times its original investment from the sale of Healthcare at Home.

Bank of Scotland buys LDC’s stake in property business(2)

Lloyds TSB Development Capital has sold its minority stake in UK property business Apollo Group to the Bank of Scotland.

AlpInvest appoints two new partners(3)

The biggest private equity investor in Europe has bolstered its team with the appointment of two partners to its New York and Amsterdam offices.

Rutland closes second fund on £320m(3)

The turnaround specialist has raised £322 million for its second fund – with a £10 million commitment from its fund of funds vehicle.