Isobel Markham
The UK chancellor also confirmed changes to corporation tax rules will come into effect in April.
The firm has agreed to acquire network connectivity provider CMC Networks from Investec.
The profit-with-purpose investor has sealed its first healthcare deal, investing $22m in a Kenyan retail pharmacy.
The initiative will aim to address the lack of long-term investment in British businesses.
Research from Investec has found more than a fifth of managers expect to use external financing to fund their GP commitments.
The listed private equity association has plans to double membership in the next 12 months.
The firm has raised €250m for its second growth capital fund and it aims to have it wrapped up in Q1 2017.
Excess liquidity is making it harder and harder to put capital to work in the Nordics, and the region is bracing for more headwinds.
ERES III will invest in assets globally alongside other investors and private equity funds, including Edmond de Rothschild funds.
The final close below the fund’s initial target of €3bn coincides with its third deal.