The US private equity house is said to be in talks with HdP to buy Valentino, the Italian fashion house.
Bumper deals from Accenture, Evergreen, Nexus, GE Equity and Siemens.
Whitney & Co has closed its latest fund $900m off its $2bn target and will respond to investor concerns by laying off 20 per cent of its staff, including most of those in its foreign offices.
The investor hopes to close the fund at about E100m in the summer and will invest some of the money into portfolio companies of its preceding fund, Technostart Ventures.
BB Bioventures has led the third round of funding for the pharmaceutical company, which will use the money to develop drugs against hepatitis B and C.
Cisco and Infineon contributed to the $220m fund, which has so far made five investments.
The Australian firm is looking to take advantage of Europe’s burgeoning private equity environment.
The Diana 1 fund will come in at E77m on its first closing. Managing director Francisco Gómez-Zubeldia hopes the international placement will bring the fund up to E150m.
Atlas, 3i, Slottsbacken and Novestra get out their wallets and it's curtains for Friends Ivory.
Duke Street-backed Leisure Link is considering its future. CEO Russell Hoyle said he expected the management to remain with the business as part of any deal.