Amanda Janis
The firm’s first deal from its €600m fund closed last year will allow niche manufacturer Aquafil to expand into China.
This is the firm's third exit attempt for Talecris, which previously had a $3bn trade sale and $1bn IPO fall apart. If successful, it would be the largest US IPO in 2009.
Growth in profits, employment and productivity were common features found in an analysis of 300 European companies owned and exited by private equity firms in the past four years.
Rob McCombie has joined the Close Brothers spin-out, which has so far raised £300m for its first fund independent of its former parent.
Several 3i partners will join DFJ Esprit’s venture secondaries arm, which will manage a portion of 3i’s European VC assets with backing from Coller and HarbourVest.
The secondaries firms have established a £170m fund to acquire assets from 3i that will be managed by DFJ Esprit's nascent secondaries arm, Encore Ventures.
The heart valve implant maker is the second venture-backed company to be purchased by Abbott this month.
The latest private equity-sponsored company to file an IPO is US retailer rue21, originally backed by Saunders Karp, a mid-market firm Apax absorbed.
A 30% drop in portfolio value for the Ivy League endowment has been partly attributed to ‘aggressive commitments to illiquid asset classes’. Yale had similar losses.
Hot on the heels of proposing Italy’s largest LBO this year, Investindustrial will take a 50% stake in Barcelona’s PortAventura theme park.