Oliver Smiddy

A day after his previous employer booked its place in the UEFA Champions League semi-final, former FC Barcelona vice-chairman Marc Ingla joined Mangrove Capital Partners.

State-backed private equity group Dubai International Capital has successfully negotiated a restructuring of $2.5bn-worth of debt after almost two years of talks.

Searchlight Capital Partners, co-founded in 2010 by former head of Teachers' Private Capital Erol Uzumeri and execs from KKR and Apollo, has raised more than $860m.

Denham Capital has surpassed its $2.5bn target for its latest fund, raising $3bn in just eight months for its sixth energy-focused vehicle.

Private equity firms are becoming more opportunistic according to two new reports which suggest undervalued public companies and those in insolvency are increasingly becoming the subject of buyouts.

Whilst the Eurozone grappled with sovereign debt issues, the UK last year proved a relatively attractive environment for mid-market private equity with the value of deals rising compared to 2010, a report has found.

The buyout arm of Russian investment bank VTB has concluded a partial exit of software developer EPAM by floating the business on the NYSE - the first company of CIS-origin to go public in the US since 2004.

For SVG Capital, distributions outweighed capital calls last year for the first time since 2008, as buyout firm Permira delivered strong returns on its investments.

A new fund backed by venture capital group MTI, targeting a record £150m, will aim to back university spin-outs in the hope of potentially unearthing another Facebook or Yahoo, both of which owed their genesis to ideas formed at university.

TPG Capital is on the verge of acquiring GlobeOp Financial Services in a £508m deal, the first take-private of an LSE-listed business this year by a private equity firm.