Toby Lewis

DFJ's European venture affilate has secured a 150 percent IRR over 18 months from its sale of e-commerce website buy.at. It was also joined this week by Amazon as a backer of DVD rental company Lovefilm, marking the increased maturity of the European venture market.

Baring Private Equity Asia, an Asian buyout firm, has made a growth capital investment in the booming medical device sector.

Bahrain bank Ithmaar has recruited Andrew Pocock from Gulf One Investment Bank where he worked in infrastructure. The firm is looking to invest $5 billion in an undisclosed infrastructure project.

The global investment firm has bought Nordic company Active Pharmaceutical Ingredients, signalling a possible increase in buyouts in the traditionally big pharmaceutical-dominated medical device sector.

Terra Firma, the UK buyout firm, has said it had no motive to mislead the buyers of Boxclever debt in a case that the prosecution claims shines a spotlight on the enormous pressures of City life.

The Nordic buyout firm EQT has upped its offer for Securitas Direct, after its original offer failed to woo sufficient shareholders to approve the take-private attempt.

The Virgin consortium has tabled a largely unchanged bid while the struggling UK bank’s management seeks to retain control via a rights issue. Olivant was put off by a three year repayment schedule for the UK government’s more than £20 billion of loans to the bank.

The $2 billion fund being raised by Goldman’s Chinese partner Fang Fenglei has reportedly recruited Goldman Sachs co-head of investment banking Richard Ong.

The European buyout firm has renegotiated the financing terms of the deal signed in June despite its highly leveraged and aggressively structured package.

LGV Capital, the UK mid-market buyout firm, has exited the hospital group it bought from BUPA in 2005. Rival Cinven is reuniting the hospitals with a larger group it acquired from the UK private healthcare insurer.