Nicholas Donato

Dutch first-timer reaches halfway mark on €150m fund

Netherlands-based Holland Private Equity has held a €77m interim close on its way to a target of €150m. The firm has also inked its first investment.

Barnier: AIFM decision weeks away

The directive – which could drastically impact non-EU managers – is in final stages of negotiations, according to the EU's markets commissioner.

Bob Geldof-backed African fund targets $750m

Musician Bob Geldof is working with former Doughty Hanson senior principal Mark Florman in the development of an Africa-focused fund.

ICG acquires €1.4bn loan portfolio from RBS

The bank will sell €1.4bn of European senior loans to London-listed ICG as part of a restructuring and divestment of non-core assets.

Avista picks up INC Research for $600m

The Ontario Teachers’ Pension Plan will team up with Avista Capital for the secondary buyout of INC Research.

Maven recruits former treasury minister

Ian Pearson, the former Labour economics and business minister, has joined Maven Capital Partners to help lead the firm's new expansion strategy.

LP found in breach of contract

Chairman of oil group Melrose Resources, Robert Adair, will face a hearing to determine damages for failing to honour his commitment to Advantage Capital’s buyout fund.

USS grows private equity team

Former PineBridge executive Michael Dymond is the £28bn UK pension's latest hire as it further builds its alternative investment programme.

Mistral Equity acquires Country Pure

THL Credit provided an undisclosed amount of mezzanine debt for the secondary buyout of the US juice maker.

Fortress takes 80% stake in AIG subsidiary

In the latest in a string of deals tapping the subprime market, the alternative investment firm is acquiring a controlling stake in credit provider AGF.