Ornis, a Paris-based provider of IT and telecoms services to business, has been sold by its venture capital backers to Euronext listed company Risc Group, an IT data protection provider.
New Jersey Direct Investment Fund aims to promote Garden State New Jersey may have lost The Sopranos this summer, but it gained a new investment tool aimed at boosting businesses in The Garden State. The state has committed $100 million to the New Jersey Direct Investment Fund (NJDIF), a $105 million fund of funds that […]
Vox Mobili, a French company that specialises in software for mobile devices, has been acquired by Indian telecoms company OnMobile.
Baird Capital Partners Europe has sold TEAM BS, an Offenbach-based provider of short-term staffing solutions, for €71m to Randstad Group.
Firm: Lehman Brothers Fund: New Jersey Direct Investment Fund Target: $105 million (still open to commitments) Amount Raised: $105 million New Jersey may have lost “The Sopranos” this summer, but it gained a new investment tool aimed at boosting businesses in The Garden State. The state has committed $100 million to the New Jersey Direct […]
The Pennsylvania State Employees’ Retirement System had a busy September, committing some $231 million to seven private equity funds and hiring Credit Suisse Securities Customized Fund Group to help manage its investment office. The commonwealth also has reached its target allocation to private equity, which is to have 14 percent of the $34 billion pension […]
Cardsave, a UK provider of credit card terminals and services, has been sold by a private equity consortium to Exponent Private Equity in a £70m deal led by Clive Kahn, the former chief executive of Travelex.
UK buyouts giant Apax Partners has sold its minority stake Healthcare at Home, an in-home healthcare provider, to Hutton Collins, the debt and equity investment firm, in a deal worth more than £200m.
Name: Allstate Investments LLC Leader: Peter Keehn, Head of Alternative Investments Size Of Alternatives Portfolio: $1 billion ($2.2 billion including unfunded commitments) Alternative Asset Allocation: 1 percent of Allstate Investments’s $120 billion holdings Target Allocation for Alternatives: 3 percent to 5 percent of overall holdings Annual Commitment To Alternatives: $600 million to $700 million If […]
Firm: Siguler Guff & Co. Fund: Siguler Guff BRIC Opportunities Fund II Target: $1 billion Siguler Guff & Co. is readying a PPM to raise $1 billion by September for a fund of funds targeting the emerging markets of Brazil, Russia, India and China, with a heavy emphasis on India and China, a person familiar […]