Western Europe

Agribusiness fund in $143m Russian chicken deal(3)

As private equity interest in Russia picks up, Burlington Capital Group has sold Russian poultry producer Chicken Kingdom to meat processor Cherkizovo Group for $143 million.

Bridges buys recycling business

Bridges Ventures, a venture capital firm focussed on regeneration and sustainability, has bought tyre recycling business Credential Environmental fulfilling both its aims.

I2 closes €200m fund(3)

The Italian special situations investor has closed its first institutional buyout fund with third-party capital, €20 million above its original target.

Barclays sells discount store chain to Duke Street

Duke Street is betting on a value retailer being what the UK consumer wants as it rolls out Barclays’ Original Factory Shop chain.

CVC in $750m Taiwanese window deal

CVC Asia Pacific added a $200 million mainland blind manufacturing business to its basket before closing the $750 million deal for shutter manufacturer Nien Made.

Report: US intelligence deems Bain buyout a national threat

The Office of the Director of National Intelligence has reportedly found Bain Capital Partners’ $2.2 billion acquisition of 3Com a potential threat to security, due to involvement of a Chinese state-linked company.

Carlyle takes top spot with €5.35bn European fund(4)

David Rubenstein’s fundraising machine has marched to the top of the fundraising pile with Carlyle’s latest European fund taking its global firepower to almost $25 billion.

Morley opens fund of funds to third party investors

The UK fund manager owned by insurance group Aviva is to put its experience of private equity fund investing at the disposal of its clients in a rolling programme of annual partnerships.

Actis hires ex-GIC executive as China head(3)

Actis, the emerging market buyout investor, has hired Lim Meng Ann, a former China-based GIC Special Investment executive to head its China operations. Lim replaces Chin Bay Chong, who left Actis at the start of the year.

HBoS eyes European expansion via restructuring

HBoS, the UK bank, has restructured its acquisition finance and structured finance teams into one leveraged finance unit as it looks to expand its European operations.