North America

Former marketing exec launches PE firm

<p>Chris Kuenne’s Rosemark Capital will invest in technology companies.</p>

Lightyear in $1.15bn financial services exit

<p><span>The firm will sell Cetera Financial Group, a 2010 investment from its $850m Fund II.</span> </p>

Portfolio Advisors raises $910m for secondaries

The fund of funds manager fell just shy of its $1bn target.<br /><br />

Apollo buys Chuck E Cheese owner for $1.3bn

<p>Apollo will take the family entertainment center private for $54 per share.</p>

Carlyle buys Johnson &amp; Johnson unit for $4.15bn

<p> Carlyle will fund the investment using capital from its $13bn Fund VI.</p>

CITIC closes AsiaInfo deal

<p>The $900m transaction is the second largest PE-backed privatisation of a Chinese company.</p>

Smyth departs OMERS Ventures

<p><span lang="EN-US">Former managing director Derek Smyth has joined market research company Vision Critical.</span> </p>

Searchlight hires former Heinz exec as operator

<p>Mitchell Ring has joined Searchlight as a senior advisor. </p>

Florida SBA commits $220m to private equity

<p> </p> <p>The $143.3bn pension system formed one new private equity relationship during the quarter.</p> <p> </p>

NewQuest to privatise China Hydroelectric

<p>The firm has agreed to buy the NYSE-listed Chinese firm at a 57.4% premium.</p>