Graham Winfrey

The US firm, together with Highlander Partners and MTS Health Investors, has generated a 45% IRR by on its investment in Chamberlin Edmonds.

The San Francisco-based firm is investing from its sixth fund, which closed on $8.4bn in 2007. The firm has not yet dipped into its $8.8bn seventh fund, closed last year.

The firm has named former partner at Pegasus Capital Rodney Cohen as head of its new US Equity Opportunity team, which will specialise in investments of up to $150m.

Former StanChart CEO and trade minister Mervyn Davies will advise the firm’s senior management team.

Graphite Capital has agreed to buy AAC's stake in the automotive repair company U-POL for £130m, after selling the company to AAC for £75 million in 2006.

In frontier markets plagued by corruption and other issues, there is still investor appetite for first-mover advantage.

The New-York based investment firm is aiming to raise $1bn from institutions, endowments and family offices for investments in Brazil, Uruguay and Australia.

CVC Capital Partners is selling part of its stake in Univar to CD&R. The firm first invested in the company in 2007 through its Tandem Fund and Fund IV.

Bruce Madding will become president and chief investment officer of the California-based advisory firm.

Adding to its previous investments in Latin America’s largest economy, the firm will purchase a majority stake in Scalina, a major manufacturer of hosiery and lingerie.