ISIS invests in Martin Audio; Primary Capital backs Yo! Sushi buyout; Pi Capital backs Burgundy Global; AdAstra, Earlybird invest in Asyntis; 3i leads Intuwave third round
The US investment bank has closed its GS Mezzanine Partners III fund on $2.7bn, making it the largest mezzanine fund ever raised.
Adams Street, Axa Investment Managers and Morley Fund Management are among the investors in the E110m first close of Astorg Partners’ third fund.
The UK private equity firm has supported the E50m management buyout of SVP, a telephone consultancy service based in France.
Munich-based private equity fund managers Golding Capital Partners and VCM Venture Capital Management have unveiled plans for a E100m mezzanine fund of funds aimed at institutions in German-speaking countries.
When the BVCA and the Inland Revenue came to an understanding on carried interest taxation in July, some commentators suggested it was business as usual for carried interest holders in the UK. This is not the case, says Robert Mellor at PricewaterhouseCoopers.
The Blackstone Group has announced the opening of an office in Hamburg, Germany, to be headed by former BC Partners executive Hanns Ostmeier.
The UK-based private equity house is planning to sell the German specialist dentistry unit it acquired for around E400m in 1997.
The London-based private equity house has agreed to sell Italian automotive fluid maker FL Selenia to Vestar, a New York-based buyout house.
The US private equity firm, investing alongside Apollo and Goldman Sachs, has announced the purchase of water treatment provider Ondeo Nalco from Suez, the energy group.