PH

PE Hub Staff

F&C Holds First Close on Secondary Fund

F&C Private Equity has held a €30 million first close on Aurora Fund, which will acquire secondary interests in European private equity funds and co-investments. The final target is €45 million. Aurora Fund's first deal closed in October, when it bought Iceland-based Landsbanki's private equity fund interests.

4 min read · 14 December 2009

GMMOS Secures $100 Million Term Loan

Gulf Marine Maintenance and Offshore Service Co. (GMMOS), a UAE-based provider of marine services to the offshore oil & gas industry, has secured a $100 million term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank. The facility will be used to refinance existing debt and fund acquisitions. GMMOS is backed by Abraaj Capital and Waha Capital.

4 min read · 14 December 2009

Reliance Comm Selling FLAG, U.S. Units

3 min read · 14 December 2009

Interpark Bids On Buy The Way

1 min read · 14 December 2009

Haymarket Financial Forms As New Mid-Market Lender

1 min read · 14 December 2009

Brewster Boyd Joins CleanLaunch

Brewster Boyd has joined Colorado cleantech incubator CleanLaunch as director of finance. He previously was a vice president with Plymouth Venture Partners and as a fellow with the Frankel Commercialization Fund.

3 min read · 14 December 2009

University Endowments Outperform S&P 500 in 2009

1 min read · 14 December 2009

Hercules Tech Buying Spa Chakra

Hercules Technology Growth Capital has agreed to acquire Spa Chakra Inc., a global luxury spa network. No financial terms were disclosed for the deal, which would be part of a prepackaged Chapter 11 bankruptcy.

3 min read · 14 December 2009

Cazenove Capital Buys Thornhill Holdings

2 min read · 14 December 2009

Marlin Equity Raises $650 Million

3 min read · 14 December 2009

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