During the first quarter of 2010, US private equity fundraising dipped to USD17.6bn raised by 97 funds, an eight per cent drop from the USD19.1bn raised by 75 funds during the same period last year, according to Dow Jones LP Source. When the most recent quarter’s totals are compared to

Aureos Capital’s Emerge Central America Growth Fund has acquired a 48 per cent stake in Adalta, a Costa Rica based company that specialises in the production of house and car cleaning products and insecticides. Adalta was created through a management buyout of a division of Corporación CEK, the Costa Rican

Private equity firm The Carlyle Group has raised USD1.1bn for its first financial services fund, Carlyle Global Financial Services Partners. The financial services team, which has made three investments to date, focuses on financial services companies around the world, including banks, insurance companies, asset managers and financial service providers.  

Private equity firms invested about USD2bn across 56 deals in India during the quarter ended March 2010, according to a study by Venture Intelligence. The amount invested during the latest quarter was the highest in the last six quarters. The figure was significantly higher than that during the same period

Graphite Capital, a UK mid-market private equity firm, has completed a further GBP24m development capital package to support a major expansion programme by Willowbrook Healthcare. Willowbrook is a nursing and dementia care home group for the elderly. The new funding takes the total commitment of Graphite funds, the management team

Lionsgate, a producer and distributor of motion pictures and television programming, has formed a partnership with private investment firm Saban Capital Group to operate and manage Tiger Gate, an operator of pay TV channels and a distributor of TV programming and action and horror films across Asia. Financial terms of

Prospect Capital has made a secured debt investment of USD35m in Shearer’s Foods, a manufacturer and distributor of snack food products based in Brewster, Ohio, to support the acquisition of Snack Alliance. Founded in 1974, Shearer’s is the largest producer of kettle cooked potato chips in the US. Shearer’s also

Energy Investors Funds and NTE Energy have formed EIF NTE Hybrid Renewable Energy, a joint venture created to develop, construct and operate large-scale hybrid renewable energy facilities throughout the US. Hybrid renewable energy projects combine different types of renewable and traditional energy technologies to generate sustainable sources of clean electricity

UK private equity firm Sovereign Capital has invested GBP10m in Brighton and Bristol Institute of Modern Music, a provider of modern music vocational and higher education. Run by musicians, BIMM offers its 1,150 students a broad range of qualifications in modern music through its colleges in Brighton and Bristol.  These