Western Europe

Report: Askar Capital launches $500m Indian fund

Weeks after opening a Romanian office and co-launching a €150m fund of funds, the Icelandic investment bank has reportedly said it will partner with Nikhil Gandhi’s Sea King Infrastructure on a $500 million private equity fund.

Citi mulls backing $12.5bn KKR debt vehicle(2)

US bank Citi is considering backing a leveraged loan debt vehicle set up by US buyout firm Kohlberg Kravis Roberts to take advantage of the $300 billion leveraged loan backlog.

TA Associates makes 4x in a year selling to DIFC

TA Associates has made a four times return from the sale of SmartStream Technologies to Middle Eastern firm DIFC Investments after deciding against an initial public offering.

Prime Technology Ventures has €60m close(3)

Venture capital firm Prime Technology Ventures, founded by Sake Bosch, has held the first close for its third fund attracting numerous investments from investors in the second fund.

Prime Technology Ventures has €60m close(2)

Venture capital firm Prime Technology Ventures, founded by Sake Bosch, has held the first close for its third fund attracting numerous investments from investors in the second fund.

Major study hints at PE’s negative impact on jobs

A researcher from the University of Chicago’s business school has presented preliminary findings from a study that could provide fodder for critics of private equity, who say the industry threatens US jobs.

Vestar grows NY team

Evan Marks and Victor Cohen come to Vestar Capital from WebMD Health Corporation and Capital Z/Union Square Partners, respectively.

Deutsche Beteiligungs puts brave face on market problems(4)

Listed German mid-market buyout firm Deutsche Beteiligungs' head Wilken von Hodenberg (pictured) has emphasised the firm's relatively lowly leveraged business to defend its positive outlook in contrast to its two month share price plunge.

Northern Rock shares drop on low-ball bids

The UK Treasury has made clear it can offer no guarantee of prolonged funding, causing potential bidders to make cautious indicative offers.

Carrefour abandons $4bn Turkish auction

The French retailer has pulled out of the bidding for Migros, as buyout firms such as Kohlberg Kravis Roberts and BC Partners are set to table bids tomorrow for the Turkish company.