Ahmed Arafa

Troubled Icelandic fund KCAJ achieves a 3x multiple from the sale of outdoor clothing retailer Mountain Warehouse.

Morgan Stanley has acquired a 60% stake in car leasing company Zenith for £85m, representing the fourth buyout in seven years for the company.

PEPcom, which GMT co-owned with VSS, has grown into Germany’s sixth largest cable television operator.

The London-based evergreen investor has written up the value of its investment in Updata Infrastructure by 62.5%.

London-based Lonsdale Capital Partners will focus on companies valued between €12m and €24m.

The private equity arm of the French insurer has purchased a majority stake in engineering company Rollon.

A French sovereign fund, formed by Nicholas Sarkozy, is teaming with Apollo to make a joint offer for French-based Alcan Engineered Products.

Latin American and African funds have already exceeded 2009 fundraising totals.

European buyouts had their lowest gearing levels for a decade during the first half of 2010, but were transacted at higher multiples than the market peak in 2007.

The tech-focused middle market investor has recruited a senior advisor for Israel.