The firm has reduced its eighth fund by 29 per cent to $680m, less than half the original $1.4bn raised in 2000.
The French private equity firm has hired former RBPE France investment manager Christophe Parier to join its investment team.
The UK buyout firm has agreed terms for a 175 pence per share offer, valuing the health and fitness group at £204m.
PAI Management, Barclays Private Equity and ABN Amro Capital are among a group of four bidders for the building materials unit of French retailer Pinault-Printemps Redoute.
Sofiposte, a subsidiary of the French state postal network, has raised E50m to invest in post, financial services and express courier businesses.
The firm has closed its office in the Irish capital, citing a lack of opportunities brought on by a downturn in the global economy.
The French private equity firm has already secured half the capital for a newly-launched E50m fund for small-cap French LBO opportunities.
The fund of funds division of Deutsche Bank has been merged into Deutsche Asset Management to provide the bank’s private banking clients with access to its private equity products.
Intermediate Capital Group, which in January launched a new E750m mezzanine fund, has reported an 18 per cent increase in core income on the back of strong buyout dealflow in Europe.
The fund placement boutique has appointed Kevin Newman, former head of the placement team at Lehman Brothers, as president and COO.