North America

Court Square in $813m exit to Onex

The firm will sell graphics business SGS International roughly seven years after acquiring the company for $410m.

LLR raises $538m for Fund IV

LLR Partners will not charge portfolio companies management or transaction fees in its fourth fund, which is targeting $800m with a $1bn hard-cap for investments in the lower mid-market.

Secondaries Special: Crowding the market

New entrants to the private equity secondary market are attracting talent and capital that was previously the sole preserve of dedicated secondaries investors. Graham Winfrey reports

RREEF to remain part of Deutsche Bank

After concluding a strategic review of its businesses, the German bank will hold onto its real estate and infrastructure arm. The decision could help unlock some €500m of capital for its second infrastructure fund.

GI Partners in 5x exit to Baird

The private equity and real estate firm has sold software company PC Helps Support to Baird Private Equity’s US buyout group. GI acquired the business in 2005 and helped grow sales by more than 90% during the holding period.

Silk Road pushes into Myanmar

The private equity firm's latest frontier market fund has raised $25m for investment in Myanmar.

Bregal finds new leadership with co-CEOs

Cofra Holding’s investment arm has completed its succession plan by naming Steven Black in London and Quentin Van Doosselaere (pictured) in New York as co-CEOs of the firm.

CalPERS fills out senior private equity roles

The system has promoted Scott Jacobsen to a senior portfolio manager position in the private equity group, filling all senior level vacancies left after the departures of Joncarlo Mark and Mike Dutton last year.

Secondaries Special: Finding a cure for zombies

A recent fund restructuring on the secondary market illustrates how secondaries firms can help create options for LPs in funds well beyond their contractual lives. By Christopher Witkowsky

VMG seals $340m snacking exit

The firm has sold snack company Snack Factory, which VMG purchased with capital from its debut fund in 2009. The firm’s portfolio has generated annual net revenue growth of 45%.