Western Europe

EQT in fourth China deal in three months

The Nordic firm has acquired Taiwan’s Gala TV alongside the company’s CEO Poa-Chuan Lin.

Global invests in Turkish healthcare

Global Investment House has become the latest private equity firm to tap into the growing sector with the acquisition of Biçakcilar, a manufacturer of medical hardware.

NBGI inks debut Turkey deal

The European mid-market firm is set to unveil its first deal in Turkey – an investment in a healthcare provider – with another deal understood to be imminent.

Honey Monster yields sweet return for Investec

Investec has made a 37% return on the owner of Sugar Puffs, the cereal made famous by its 1970s TV ads starring the Honey Monster.

Advent to inject £200m into UK insurance broker

The investment in Europe’s largest broker will allow it to ‘reignite’ its acquisition programme.

AMP Capital fund enters China with gas deal

The Australian fund manager’s Asian Giants Infrastructure Fund has acquired its first asset in China through the purchase of a stake of just over 19% in Qujing Gas. The fund has also attracted $66m of new commitments and is targeting a final close in Q1 2011.

Future Fund pays £145m to join Gatwick syndicate

The mystery of who would be the fourth member of the equity syndicate for Gatwick Airport has been solved, with Australia’s Future Fund paying £145m for a 17.2% stake in the Global Infrastructure Partners-owned asset.

SEP agrees $1bn venture exit

British venture capital firm Scottish Equity Partners will sell BioVex, a company developing cancer treatments, to US trade buyer Amgen.

Valad Europe in MBO bid

The senior European managers of Sydney-based real estate fund manager Valad have made an indicative proposal to buy out the €5 billion platform

MSREI creates second Europe venture for G7

Morgan Stanley Real Estate Investing has teamed up with German retail real estate investment and development firm Redos Real Estate to ‘invest several hundred million Euros’ in retail properties in Germany. The partnership, MSREI’s second struck this year in Europe, has started with the €150 million purchase of a 23-asset strong portfolio.