Western Europe

Triago hires Dubai head(2)

Placement agent Triago Group has recruited Jean Aboumrad as head of its newly launched Dubai office.

Aureos launches Latin American fund(2)

Aureos, an emerging markets fund manager, will expand its Latin American operations with the launch of a new fund to invest in the region.

India still hot for VC(2)

India continues to be an increasingly attractive prospect for venture capitalists. The first quarter saw an increase in investment, while the number of successful exits offers further cause for optimism.

ECI does two deals in two days(2)

UK mid-market firm ECI Partners has sold Nuaire, a UK manufacturer of ventilation systems, to Electra Partners, generating an internal rate of return of 80 percent. It has also bought CliniSys, a provider of healthcare software, for £61 million.

KKR to rejoin A$20bn Coles bidding war(2)

Shares in Australian retailer Coles Group continued to climb as a A$20 billion bidding war between local rival Wesfarmers, a Kohlberg Kravis Roberts-led buyout consortium, and other international trade players looked increasingly likely.

Mithras holds £120 million first close(2)

Newly-formed fund-of-funds manager Mithras Capital has held a £120 million first close on its debut vehicle, which will invest in about ten European and US private equity funds.

Rival suitor emerges for Boots(2)

Kohlberg Kravis Roberts may yet face some serious competition for UK health and beauty chain Alliance Boots, after reports that Terra Firma and the Wellcome Trust are planning a rival bid.

Apollo, Centerbridge battle continues(2)

CEVA Logistics, an Apollo portfolio company, has offered $1.8 billion in cash for transport and logistics firm EGL. The offer, Apollo’s fourth, is a 13.2 percent premium over an agreed Centerbridge-backed bid that Apollo is trying to block with litigation.

Index backs social networking site(2)

Index Ventures has led the first financing round for Netlog, a social networking site with pan-European aspirations.

Aureos backs Panama aluminium business(2)

Aureos has invested $5m in a Panama aluminium company, as the expansion of the Panama Canal continues to drive growth in the country’s construction sector.