Oliver Smiddy

CBPE Capital, formerly known as Close Brothers Private Equity, has more than tripled its money following the sale of minerals sector consultancy Stewart Group.

UK state-backed lender Lloyds Banking Group has decided against granting its in-house private equity arm, LDC, independence, despite many of its peers divesting non-core assets including investment arms.

Brazilian bank BTG Pactual and Rio-based investment group Gavea Investimentos have raised buyout funds totalling $3.3bn, underlining the growing interest in Latin American private equity.

UK exit activity in the first six months of the year slightly outpaced new investments for the first time since 2006, according to CMBOR.

The latest investor survey shows fundraising won’t be getting easier anytime soon.

EQT has sealed its third sizeable sale this year with the disposal of an alarm manufacturer to Bain and Hellman & Friedman.

The Carlyle Group’s recent deal spree - it has agreed three deals already this month - continues with the acquisition of UK-based roadside assistance group the RAC.

Financial services-focused buyout firm AnaCap has completed its third acquisition of a bank after 18 months of negotiations, purchasing Czech Republic-based Banco Popolare Ceská republika.

Buyout firm Apax Partners appears to have lost out to Polish entrepreneur Zygmunt Solorz-Zak (pictured) in its battle to acquire state-backed phone company Polkomtel.

The amount raised for private equity investment in Africa last year may have been an improvement on the previous year’s total, but for a continent with strong growth and countless metrics supporting the case for investment, Africa remains a depressingly small market for the industry.