Suzanne Weinstock

Publicly listed energy producer Reliant Energy has concluded the termination of a $350m agreement for a sale of stock to the energy specialist. Reliant also called off a $650m loan agreement with Goldman Sachs.

The Vietnam-focused private equity firm has exited its investment in Saigon Gas Holding, made from the firm’s debut fund, which closed on $18.5m in 2002.

Venture firm Rustic Canyon has sold its stake in 19 companies from its decade-old debut fund. The firm also has sold 20% of its holdings in eight Fund II portfolio companies in order to provide liquidity to the firm’s largest LP.

The mortgage and auto lender has extended the deadline of its tender offers as a last ditch effort to meet the capital requirement of $30bn.

The steakhouse operator, acquired as part of the $600m take-private of Lone Star Steakhouse & Saloon in 2006, cited ‘current public market conditions’ in its filing with the SEC.

The Robert Bass-founded private equity firm is nearing its $4bn fundraising target and expects a final close in February.

The $850m Chicago Firemen’s Annuity and Benefit Fund will make a third secondaries investment by the end of the month.

The specialised venture firm has brought on three venture partners in healthcare and biotechnology. Gary Velasquez is returning to his post after four years helming a portfolio company, and Kevin Barrett is a joint hire with Bain Capital Ventures. Sarah Bodary joins the firm from Genentech, where she worked as a biologist.

The Colombian private equity firm has held an initial close with commitments from domestic investors before seeking an additional $35m from international investors.

The mid-market firms will pick up a majority stake in the private equity-established energy logistics company. Founders Northwest Capital Appreciation and RBC Capital Partners will retain equity stakes.