CapMan has acquired INR from Accent Equity and Aspen from Valedo Partners in secondary buyouts.
GI Partners has backed the launch of Elystan Capital Advisers, a Munich-based investment firm targeting mortgage backed assets and the mortgage banking sector in the DACH region.
Placement agent MVision has appointed Mitchell B Sikora as managing director and Scott P Arden as director to the firm.
Finnish asset manager CapMan has held a final close of its hotel real estate fund, securing more than EUR 332m equity in addition to EUR 540 senior debt, bringing the total investment capacity to in excess of EUR 872m. CapMan committed EUR 5m to the fund.
Advanced Capital has received the green light from Bankitalia for the launch of its EUR 300m AC Real Estate fund, the first in Italy. The fund is reported to have a eight year life span and will seek an annual return rate of 15%.
The Carlyle Group has closed its third European real estate fund, Carlyle Europe Real Estate Partners III (CEREP III), on EUR 2.2bn, exceeding its EUR 1.5bn target. Including leverage, the vehicle will have an investment capacity of EUR 9bn.
East Capital Private Equity has launched the East Capital Russian Property Fund, a EUR 200m real estate fund designed to invest in commercial and residential properties in Russia, Ukraine and Kazakhstan.
CapMan has held a first close of CapMan Hotel RE Ky, a real estate fund, on EUR 835m.