Jennifer Harris

Sun Capital Partners has completed its acquisition of US restaurant chain Smokey Bones Barbeque & Grill, and has walked away from a buyout of mattress maker International Bedding.

Goldman Sachs Gao Hua Securities chairman Fang Fenglei will manage a $2 billion fund in partnership with Singapore’s sovereign wealth fund, in addition to the Chinese state-backed $677 million domestic fund he was revealed to be involved with earlier this week.

BlueRun Ventures has opened a new office in Beijing as it steps up its China operations.

Activist filmmaker Robert Greenwald’s latest project is a series of short films depicting the “corporate excesses” of private equity executives, beginning with Henry Kravis.

ACON Investments, Guggenheim Investment Management and West Coast Energy Partners have provided capital to enable Milagro Exploration to buy back Gulf Coast properties its founders once owned.

Cerberus Capital Management has walked away from its third deal in 30 days.

Summit Venture spin-out Mainsail has purchased Togo’s Eateries from Dunkin’ Brands, which is owned by Bain Capital, The Carlyle Group and Thomas H. Lee Partners.

Sentinel Capital Partners has purchased air quality consulting firm Trinity Consultants in order to capitalise on a growing global concern with climate change.

Tech-focussed joint venture Accel-KKR has made its fourth exit in two years with the sale of Saber Corp to strategic buyers EDS.

The Office of the Director of National Intelligence has reportedly found Bain Capital Partners’ $2.2 billion acquisition of 3Com a potential threat to security, due to involvement of a Chinese state-linked company.