Englefield Capital has backed management at the UK-based underwriting business in a £30m buyout from US insurer Trenwick Group.
The German bank has confirmed that it intends to sell its London-based principal finance unit although a deal is unlikely before the end of the year.
BC Partners and the management of Trader Media Group have agreed to sell their interest in the UK publishing business to Guardian Media Group for £593m.
Ukrainian venture capital firm AVentures has secured commitments from a number of local investors and one US institution for a $50m high-tech VC fund.
NIB Capital Private Equity has announced the purchase of specialty chemicals assets from UCB, a Belgian pharmaceuticals and chemicals business.
Swiss firm Private Equity Holding has reported its first quarterly gain in two years following the disposal of part of its portfolio to CSFB.
The small-cap unit of Montagu Private Equity has completed its first deal since gaining independence from HSBC, backing a management buyout of legal services provider Enact.
Two fund-of-funds capital-raising efforts overseen by INVESCO Private Capital are being combined to form a partnership with a target of $500m.
The US bank has cut $1.4bn from its commitment to its JP Morgan Partners Global 2001 fund.
The creditors of insolvent German media group KirchMedia have accepted Haim Saban’s E525m offer for the group’s ProSieben TV unit.
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