Deals

The listed investment trust is expected to make a 2.6x return and 50% IRR from its sale of Jersey-headquarted fund administrator Elian to Intertrust Group.

The San Francisco-based private equity firm is acquiring engagement marketing software provider Marketo for $1.79bn out of Vista Equity Partners Fund VI, which is targeting $8bn.

Moscow-based Berwin Leighton Paisner (BLP) partner and head of corporate/M&A at Goltsblat BLP Anton Sitnikov explains why Russia remains a tough private equity market.

The German womenswear retailer is one of the remaining assets in the former Douglas Group, which Advent acquired in 2012.

The European buy-out firm has bought Turkish dried fruit company Peyman.

James Gamett has launched Sweetwater Capital Partners to specialise in direct, co-investments and secondaries.

Nextvest, a direct co-investing platform could open the floodgates for the vast amount of wealth sitting among retail and family office investors, who have traditionally faced limited access to private equity.

In State Street Corporations’ GX Private Equity Index benchmark, the latest results showed that the index made a rebound of 1.11 percent in Q4 of 2015 after a drop in Q3.

The growth equity firm is in agreement to buy a majority stake in commodities reporting agency Argus, ending the founder family’s decades-long involvement.

The merger of the business development companies creates a $13 billion industry leader.