Suzanne Weinstock

The US alternative asset manager has increased its investment in the Indian market with a minority stake in cargo operator Allcargo.

The head of one of America’s most powerful unions weathered a counter-attack from Bear Stearns Merchant Banking’s COO during a panel discussion on private equity’s social impact.

The veteran venture capitalist said at a recent industry gathering that backing more mature companies is the key to successful African economic development.

CDC has announced a round of Latin American commitments as it reportedly prepares to launch a $150 million venture fund of funds targeting India.

The private equity arm of Bahrain-based Arcapita Bank purchased TLC Health Care Services nearly four years ago in a $189 million transaction.

Paine & Partners has inked its second deal since changing its name from Fox Paine, prompted by settlement of a lawsuit between Dexter Paine and former partner Saul Fox.

Lifecore Biomedical has ended its go-shop period after discussions with more than 50 alternate partners.

A special situations firm has teamed up with a mid-market retail focussed shop to buy Ellen Tracy from parent company Liz Claiborne.

Healthcare services company HCPro made 20 acquisitions under ownership of the US mid-market buyout firm.

Year-end 2007 data shows that increased investment in later stage deals drove growth in the US and European VC markets, whereas Israel’s most active firms focussed on seed-stage investments.