Latin America

Teachers’ London office makes first European investment

The Ontario Teachers’ Pension Plan has made its first investment in Europe since it opened its office last week, buying a large stake in Birmingham International Airport.

TPG buys Indonesian bank for $200m

TPG has reportedly acquired Indonesian Bank Tabungan Pensiunan Nasional as the US buyout firm increases its investments in the country.

Teachers buys Chilean water companies

Ontario Teachers’ Pension Plan has continued its recent flurry of deal-making, buying two Chilean water supply and sanitation companies from Southern Cross Group.

Aureos launches Latin American fund(2)

Aureos, an emerging markets fund manager, will expand its Latin American operations with the launch of a new fund to invest in the region.

Aureos backs Panama aluminium business(2)

Aureos has invested $5m in a Panama aluminium company, as the expansion of the Panama Canal continues to drive growth in the country’s construction sector.

Carlyle raises $134m for debut Mexico fund(2)

Twenty-nine percent of the fund has already been invested in two portfolio companies, both bought in 2005.

Actis in largest-ever Caribbean buyout(2)

Through its portfolio company Regal Forest, the firm has committed $370m to the leveraged buyout of Courts Plc’s Caribbean shares.

Wendel boosts annual revenues by 11 percent(2)

The acquisitions of Deutsch and Materis proved a boon for Wendel Investissement, which saw revenues increase by 11 percent in 2006 thanks to strong portfolio performance.

Applebee’s considers sale(2)

The international casual dining franchise with a $1.96bn market cap has announced it will explore strategic alternatives to enhance shareholder value.

Bumper year for emerging markets(2)

Private equity investors continue to increase their exposure to emerging markets – particularly China and India – resulting in a record fundraising year.