France-based Apax Partners has acquired a majority stake in the secondary buyout of French insurance broker Ciprés Assurances from TA Associates.
Abraaj Group invests via its Abraaj Turkey Fund, which closed on $526m in July last year
MBO closed its fourth buyout fund, MBO Partenaires 4, on its €250m hard-cap last year
LBO France draws equity from its small-cap buyout vehicle Hexagone III, closed on €154m in 2010
GP will draw capital from its €1.1bn fund V, which held a final close in November 2015