Southern Europe
US/EUROPE - Oak Hill closes distressed debt fund on $1.13bn
Oak Hill Advisors has surpassed the firm's $750m target for its OHA Strategic Credit Fund, holding a final close on $1.125bn.
GLOBAL - Campbell Lutyens appoints new partner
Placement agent Campbell Lutyens has appointed Richard Allsopp as partner.
GLOBAL - CVC Capital appoints two senior advisers
CVC Capital Partners has appointed Robert Jenkins and Jim Sutcliffe as senior advisers on the firm's global financial institutions advisory board.
GLOBAL - GI Partners completes sale of assets in first fund
Private equity and real estate investor GI Partners has sold the last remaining asset in its first fund, a Frankfurt data center, to Equinix Holding BV for $28m.
EUROPE - DFJ Esprit holds first close of third venture fund on EUR 70m
DFJ Esprit has held the first close of it latest venure fund, DFJ Esprit III, on EUR 70m.
GLOBAL - KKR to delay launch of next buyout fund
Reports suggest that KKR is delaying the launch of its next buyout fund until next year, after having already invested 70% of its previous $17.6bn vehicle that closed in 2007.
EUROPE - 3i sells venture portfolio to Coller-, HarbourVest-backed Encore
Secondaries specialists Coller Capital and HarbourVest Partners have teamed up with venture house DFJ Esprit to acquire a ТЃ130m portfolio of venture assets from 3i. The portfolio will be managed by a new division of DFJ, Encore Ventures.
ITALY - Hutton completes EUR 45m Aquafil funding
Hutton Collins has invested EUR 45m into flooring specialist Aquafil, with the current owner, the Bonazzi Group, retaining majority control.
ITALY - Investindustrial strengthens investment team
Italian mid-market investor Investindustrial has appointed Luca Destito to its investment team.
ITALY - Latham &Watkins strengthens finance practice
Latham & Watkins has appointed Riccardo Agostinelli as partner to its Milan finance practice.
ITALY - Bridgepoint interested in Sia-Ssb
It is understood that European private equity firm Bridgepoint is preparing an offer for card processing business Sia-Ssb, which has been on the block since Autumn 2008.
ITALY - Crédit Agricole PE backs EUR 5m Elettrostudio funding
Crédit Agricole Private Equity, FCPR Capenergie fund, has backed an investment of EUR 5m into energy specialist Elettrostudio Energia.
SPAIN - Investindustrial acquires 50% stake in PortAventura
Investindustrial has acquired a 50% stake in theme park PortAventura from Criteria CaixaCorp, a Spanish listed vehicle controlled by savings bank La Caixa, via a EUR 95m capital increase.
GLOBAL - IPEV publishes updated valuations guidelines
The International Private Equity and Venture Capital Valuation (IPEV) Board published its updated version of the Private Equity Valuations Guidelines today. Significantly, the updated version highlights the importance of consistency with international...
GLOBAL - KPS tops up third fund by USD 800m
Turnaround specialist KPS Capital Partners has increased the size of its Fund III from its original USD 1.2bn to USD 2bn.
ITALY - Foresight strengthens solar team with new hire
Environmental and technology-focused investor Foresight Group has bolstered its solar team with the hire of Diomidis Dorkofikis as investment manager in the firm's Rome office.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.
EUROPE - Entertainment Capital Advisers launched
Premila Hoon, former global head of media and entertainment structured finance at Societe Generale, has co-founded Entertainment Capital Advisors (ECA), a specialist media and entertainment strategic and financial advisory firm.
EUROPE/UK - OMERS appoints senior MD from 3i
OMERS Private Equity has appointed 3i's Mark Redman as senior managing director of Europe.
ITALY - CPE invests EUR 10m into Enerqo
Clean tech investor Climate Change Capital Private Equity (CPE) has backed Enerqos Spa with EUR 10m.
ITALY - Alpha et al. to delist EUR 350m Permasteelisa
Pan-European buyout house Alpha Group is among of consortium of bidders seeking to delist construction company Permasteelisa, in a deal that values the business at around EUR 350m.