North America

Golden Gate invests $750m into new insurance group

Nassau Reinsurance, funded by Golden Gate, will be led by Phillip J. Gass and Kostas Cheliotis

LLR Partners commits $27.5m to CoreDial

New financing will be used to expand company's SaaS offerings and hiring of additional personnel

Trilantic makes $250m commitment to TRP Energy

TRP will be led by former J.P. Morgan energy bankers Trent Foltz and Randy Dola

KPS to sell WWRD to Fiskars for $437m

<p>The PE firm purchased WWRD out of insolvency in 2009 and has since turned the company around</p> <p> </p>

MSPE exits Creative Circle in $570m sale

MSPE's exit from Creative Circle marked the latest realisation for the firm's fifth fund

Blackstone Group raises $17bn for seventh fund

Blackstone's seventh PE fund seeks to make 25 to 40 investments in deals valued between $300m to $800m each<br />

Chart of the week: European buyout market cheaper than the United States--but not by much

European EBITDA multiples are lower than those in the United States, but the difference isn’t as big as you’d think, according to data from Capital IQ and Robert W. Baird & Co.

Apax to acquire Quality Distribution for $800m

Apax will buy Quality Distribution for $16 per share in cash, including debt financing from five banks

TPG VII garners $550m in commitments

The capital for the buyout giant’s latest flagship fund comes from Virginia Retirement System and New York Common

EnCap hires energy veteran Gregory King

The appointment bolsters the Texas private equity firm's origination capabilities<br />