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Silverfleet Capital invests in Lifetime Training

Silverfleet Capital has invested in Lifetime Training. Financial terms weren’t announced. Lifetime, of the U.K., provides apprenticeship, recruitment services, self-funded training courses and courses to employers in the public and private sectors.

KKR's first real estate fund closes at $739 mln

KKR said June 21 that its first European real estate fund closed at $739 million. KKR Real Estate Partners Europe LP is focused on real estate and real estate-related transactions primarily in Western Europe.

F2G raises $60 mln

F2G Ltd said June 20 that it raised $60 million in financing led by Sectoral Asset Management. Novo A/S, Aisling Capital and Brace Pharma Capital also invested. Existing investors Advent Life Sciences LLP, Novartis Venture Fund, Sunstone Capital and Merifin Capital each participated in the round. F2G is a UK biotech company focused on the discovery and development of novel therapies to treat life threatening invasive fungal infection.

OpenGate to buy Alfatherm

OpenGate Capital said June 20 that it agreed to buy Alfatherm S.p.A. Emerald and PM & Partners are the sellers. Alfatherm, of Varese, Italy, makes rigid, semi-rigid and flexible PVC films.

Clearlake Capital closes Vision Solutions buy

Clearlake Capital Group LP said June 20 that it closed its buy of Vision Solutions Inc from Thoma Bravo. The deal was announced in May. Irvine, California-based Vision Solutions provides software solutions designed to protect data, minimize downtime and maximize resources for data centers.

TPG Growth to buy 40% of One Network Bank

TPG Growth said June 20 that it is buying 40 percent of One Network Bank (ONB). Financial terms weren’t announced. BDO Unibank Inc is the seller. Based in Davao, Philippines, ONB is the rural bank subsidiary of BDO, with more than 100 branches and offices.

Industry Ventures Secondary VIII closes at $500 mln

Industry Ventures LLC said June 20 that it closed its latest secondary fund, Industry Ventures Secondary VIII, at $500 million. The pool focuses on providing exit alternatives for venture capital investments Industry Ventures also closed a $200 million Special Opportunities Fund. Secondary VIII's investor base includes leading institutions representing government and corporate pension funds, insurance companies, endowments, foundations, the firm's Managing Directors and high net worth family offices.

Brookfield Asset Management spins off Brookfield Business Partners

Brookfield Asset Management Inc has completed the spin-off of Brookfield Business Partners LP. Brookfield Business Partners is the main public vehicle through which Brookfield will own and operate the business services and industrial operations of its private equity group on a global basis.

First State Investments buys Coriance

First State Investments is buying Coriance, a portfolio company of KKR. Financial terms weren’t announced. Coriance operates a portfolio of 29 regulated district heating concessions in France, under which it supplies heat to residential, social and commercial buildings, and sells cogenerated electricity to state-owned utility EDF. RBC Capital Markets acted as financial adviser to KKR on this transaction. KKR's other advisers included Clifford Chance, Simpson Thacher & Bartlett, KPMG, Poyry and Marsh. Lazard Frères and DC Advisory advised First State Investments. First State Investments' other advisers included Deloitte, Allen & Overy, Watson Farley & Williams, Atkins, E-Cube and Willis Towers Watson.

IMB Development invests in Alder Foods

IMB Development Corp is investing in Alder Foods Inc. Financial terms weren’t announced. Alder Foods is a food supplier to military markets.