Robert Venes

The Strategic Recovery Fund, an SVG Capital vehicle applying private equity techniques to public companies, is fully invested. The firm has now begun marketing for a larger second fund.

The Dubai-based firm has launched its third fund this year, teaming up with portfolio company BMA Capital to raise what is says is the largest buyout fund focused on Pakistan.

London-based investor Bridgepoint has purchased a 70 percent stake in Italian perfumery Limoni for a reported €470m.

Nordic early-stage investor InnovationsKapital has hired former CapMan Capital Management partner Martin Falkevall as it approaches a second close on its fourth fund.

The private equity vehicle of Serge Weinberg, former chairman of Pinault Printemps Redoute, has acquired a 70 percent stake in a Paris-based pharmaceuticals business.

Heidelberg-headquartered investment firm first Ventury has appointed venture capital veteran David Hartford to assist its activities in the US.

The Paris-headquartered private equity firm is acquiring a 95 percent stake in TLD Group, which it will seek to delist from Euronext Paris.

Universities Superannuation Scheme, a UK pension fund with £22bn under management, is reportedly thinking of moving up to 20% of assets into strategies including private equity and infrastructure.

The secondary market for private equity real estate is growing on a global scale. Scott Landress comments on the largest private equity real estate transaction to date.

The global private equity firm has had a 500 pence per ordinary share offer accepted by the board of Mayborn, owners of the Tommee Tippee baby products and Dylon household dyes brands.