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LDC maintains run rate with twin dealsLDC, the captive private equity arm of Lloyds TSB Banking Group, has maintained its recent deal-making spree with two acquisitions, taking its deployed capital in 2011 alone to £163m.
- Close Brothers spins out remaining private equity unit
The European investment banking group has parted company with the last of its direct investment teams, having earlier spun out its mid-market and venture units.