Jo Nash

Cinven has paid a reported €1 billion for Modamax, the holding company behind European retailer Camaïeu, which was previously owned by French buyout firm AXA Private Equity.

Swiss asset management firm Capital Dynamics has continued to strengthen its internal team with a series of promotions, soon after the recruitment of Glenalta founders Andrew Beaton and David Smith.

The Royal Bank of Scotland has hired Eric Capp from JP Morgan as head of its leveraged capital markets team, as it looks to win even more lucrative leveraged finance work.

Esprit Capital Partners and Eden Ventures have contributed to the $15m second financing round of Tribold, a manufacturer of software for communication service providers.

UK mid-market firm Iceni Capital has closed three deals in one day , buying marketing services company Pell & Bales, and two communications companies that it has merged into one group.

US and UK-based GI Partners has backed a £440 million secondary buyout of Park Resorts, a UK caravan park operator. The deal has generated a 47 percent internal rate of return for vendor ABN AMRO Capital.

Buyout and mezzanine firm Veronis Suhler Stevenson has bought a majority stake in US publishing business MediZine for an undisclosed amount.

European technology firm Amadeus Capital Partners has joined Pod Venture Partners, HarbourVest Partners and Shamil Chandaria in a $12m financing round of Swedish company Transmode.

SGAM Alternative Investments has held a first close of its North Africa fund on €100m, halfway towards its target size of €200m.

CDC, a UK government-backed fund-of-funds, has committed $20m to Nexxus Capital Private Equity Fund III, a Mexican-focused private equity fund.