Ken MacFadyen
Boston-based, energy-tech group RockPort Capital Partners has held a $155m interim close for its second fund, with backing from Reservoir Capital Group.
Apax has emerged as the winner of the Tommy Hilfiger auction, inking a deal to buy the clothing designer for $1.6 billion.
The Mayfield-affiliated Chinese venture group GSR Ventures has held a first close on its debut fund.
Sydney-based Pacific Equity Partners has overcome bird flu fears to acquire Heinz’s New Zealand poultry subsidiary Tegel Foods.
Wynnchurch Capital’s latest fund was roughly $250 million oversubscribed, holding its final close $50 million over its stated target.
Clayton Dubilier & Rice, The Carlyle Group and Merrill Lynch have completed their buyout of rental car giant Hertz.
The Southern California-focused Riordan, Lewis & Haden has corralled roughly $100m in an interim close for its second fund.
Boston-based Berkshire Partners is the second US private equity group to make a bet on a Canadian retailer in December, investing in women’s apparel company Aritzia.
Prides Capital has led a group of hedge funds to take travel services group Pegasus Solutions private, providing further evidence of the hedge-fund incursion into private equity.
Amid an increasingly competitive environment, many venture groups are doing what they can to keep their early stage investments under wraps. By Ken MacFadyen.