Oliver Smiddy

PAI has sold its fourth business this year, retailer Gruppo Coin, while Sagard Private Equity is nearing an exit from Souriau. The combined value of the exits approaches €1.4bn.

Priveq's latest fund has hit its €200m hard-cap in a rapid fundraising that tapped international investors for the first time.

US state pension fund CalPERS has backed a trio of emerging managers as part of its manager development programme, and has also acquired small stakes in two of the investment groups.

Private equity firms are taking a keen interest in UK retail businesses despite warnings from the Bank of England over the fragile nature of consumer spending.

Acquisitions by Eurazeo and HarbourVest are signs of long-awaited consolidation. Eurazeo's deal gives it access to the SME market, according to Virginie Morgon.

Buyout firm Montagu Private Equity's fundraising team led by Vince O'Brien has put the finishing touches to its latest capital raising effort, closing its fourth fund at its hard-cap of €2.5bn

Two private equity-backed IPOs this week have demonstrated that despite volatile public markets, it is possible to exit businesses via a flotation and still generate a return.

LDC, the captive private equity arm of Lloyds TSB Banking Group, has maintained its recent deal-making spree with two acquisitions, taking its deployed capital in 2011 alone to £163m.

Barclays Private Equity, currently in the process of disentangling itself from its UK banking parent, has become the latest private equity owner of special effects group The Mill

UK private equity firm Duke Street Capital has restructured its business to better integrate its operating partners and has made two additions to its team