Toby Mitchenall
The second largest securities brokerage in Japan is putting plans in place to expand its real estate business and launch a private equity fund, according to media reports.
The South African investment banking group has beefed up its private equity coverage with the appointment of Gareth Taylor from Deloitte.
The Moscow-based asset management firm has revealed an equity investment in Lion Capital’s buyout of Russian Alcohol Group. Boris Fedorov, the former Russian minister of finance and co-founder of UFG, will join the board of the Russian vodka giant.
The Norwegian private equity firm has exceeded its original target of €225m for Norvestor V after seven months of marketing.
Having originally set out to raise €10m by the end of the year from both institutions and individuals, InReturn Capital is upping its target in response to strong demand.
Warsaw-based Enterprise Investors has taken a 60 percent stake in Polish bathroom retailer and wholesaler Wema in a deal that values the company at €77m. The acquisition follows figures last week showing that the flow of capital into emerging markets private equity is rapidly accelerating.
Following the completion of its 19th acquisition this year, the mid-market specialist is lining up the launch of its fourth European fund.
The market responded to an upbeat Lehman Brothers Private Equity Partners update this morning with a marginal increase in the stock price. But shares in the Euronext-listed vehicle are still trading at a discount to net asset value.
The Washington DC-based private equity firm has purchased a minority stake in Italian luxury sportswear group, Moncler. The deal means a partial exit for three Italian investment firms from the company that owns brands such as Moncler, Henry Cotton and Coast, Weber & Ahaus.
The buyout firm is planning another close for its third Europe fund at the end of October, having already held a second close on €4.8bn.