Western Europe

Carlyle exits aerospace investment

The global buyout firm has made the debut realisation from its Europe Technology Partners Fund with the sale of a UK aerospace business for £71 million.

Bain and Prides Capital to invest $60m in Princeton Review(2)

Close on the heels of Apax’s $8 billion May buyout of The Thomson Corporation’s higher education division, Bain Capital Ventures and Prides Capital have agreed to invest $60 million in test prep company The Princeton Review.

GP Investimentos passes $1bn in booming Brazil(2)

Triple-digit returns have helped the Sao Paulo-based firm reach a first close on what is for now Latin America’s largest private equity fund.

Climate Change Capital holds first close on $830m

The UK-based green investor says it will raise more than $1bn for its fund for developing markets, after a swift first closing.

VSS invests $24m in marketing company

Veronis Suhler Stevenson has invested $24 million in Loewy Group. The growth capital will allow the UK-based communications company to buy two other companies in the fast-growing sector.

CBI chief criticises private equity(3)

Richard Lambert, the head of the Confederation of British Industry, a trade body that has been attracting support from some of Europe’s large buyout firms, has criticised private equity’s public relations efforts.

USS cranks up co-invest programme with double hire

The UK's second largest pension fund the Universities Superannuation Scheme is demonstrating its appetite for alternatives with the appointment of two private equity specialists to lead its co-investment programme alongside its fund investments.

Bain and Prides Capital to invest $60m in Princeton Review

Close on the heels of Apax’s $8 billion May buyout of The Thomson Corporation’s higher education division, Bain Capital Ventures and Prides Capital have agreed to invest $60 million in test prep company The Princeton Review.

Milestone makes it five exits for the year(3)

Anglo-French buyout firm Milestone Capital Partners has completed another exit from its third fund with the sale of dry cleaning business 5àSec. It has now returned 60 percent of investors’ commitments with over half of its original deals still in the portfolio.

Hands takes EMI

Guy Hands’ Terra Firma has won the 90 percent shareholder acceptance needed to secure EMI.