The value of European private equity deals in the first quarter of 2010 reached EUR10.5bn, a modest rise of 2.6 per cent from EUR10.3bn in the last quarter of 2009, but significantly above the EUR4bn of deals recorded in the Q1 2009. In terms of volumes, the number of private

Sovereign Capital, a UK private equity firm, has acquired Sterling Homecare as the first bolt-on for its domiciliary care provider City & County Healthcare.  Based in Blidworth, Nottinghamshire, Sterling provides approximately 7,000 hours of care per week to the elderly in their own homes, under contract to local authorities, primary

J.P. Morgan Private Equity says its net asset value per USD equity share increased by 4.7 per cent to USD1.34 at 31 March 2010 from USD1.28 at 31 December 2009.  Excluding the impact of currency, J.P. Morgan Private Equity’s NAV per USD equity share increased over seven per cent during

Millennium Technology Ventures has held a final closing for Millennium Technology Value Partners II, with USD280m in committed capital. The new fund, which launched in 2009 with a target of USD200m, ended oversubscribed and closed at USD280m in limited partner commitments. Millennium’s prior fund, which held its final closing four

The Universities Superannuation Scheme has expanded its private equity investment programme by acquiring a USD135m interest in the Neuberger Berman Secondary Opportunities Fund II from the Lehman Brothers Estate. With this acquisition USS becomes the largest investor in the USD1.77bn fund raised in July 2008. “We welcome USS as a

BaltCap has attracted private fundraising for the first ever risk capital fund to invest into Lithuanian SMEs. It forms part of the European Investment Fund managed Jeremie Holding Fund initiative in Lithuania. The fund will result in EUR20m being invested into Lithuanian micro, small and medium enterprises. It will focus

Vision Opportunity China Fund has invested USD2.0m in Silver Pearl Enterprises as part of a USD23.15m financing by private placement.  Simultaneously with Vison’s investment, Silver Pearl has acquired all of the issued and outstanding ordinary shares of Keyuan International Group through a reverse merger.  Keyuan International conducts its business through

Palamon Capital Partners, a European mid-market private equity firm, has sold its majority stake in Stockholm-based Nordax Finans to Vision Capital, a European investment firm.  The transaction, valuing Nordax at EUR105m, is subject to approval by the Swedish Financial Supervisory Authority. Nordax provides unsecured loans to individuals of good credit