The Aureos Africa Fund has raised a total of USD381.1m at the final close of its fundraising. The fund, managed by Aureos Capital, is believed to be the largest ever to focus on investing in small to mid-sized businesses across Africa.   Aureos Capital, which specialises in investing in mid-sized

Alternative investment fund specialist PILinvests is teaming up with Quantum LifeCare to launch The Park Gate Care Home fund. The fund will initially acquire land with detailed planning consent, then design, construct, operate and ultimately sell a purpose-built care home in Southampton offering specialist dementia care.  The number of over

LGV Capital has sold its majority interest in LGC Group to Bridgepoint in a transaction valuing LGC at GBP257m.  Bridgepoint will back LGC’s current management team, led by chief executive David Richardson (pictured). LGC is a provider of chemical and biological analytical services and reference materials. Headquartered in Teddington, West

Liquidity is improving both in entering private equity investments and coming out of them, according to a report by Neuberger Berman. Going in liquidity may be characterized by the increased availability of financing for well-capitalized transactions; more equity for transactions; co-investment equity in leveraged buyouts; and the potential for formation

Private equity firm Riverstone Holdings has acquired Seajacks International for a total cash consideration of USD207m. Great Yarmouth, UK-based Seajacks currently owns and operates two self-propelled jack up vessels that install offshore wind turbines and perform a number of niche operations for the North Sea oil and gas industry.  Riverstone

Ten companies backed by LDC, the private equity arm of Lloyds Banking Group, have won places on a league table ranking Britain’s 100 private equity-backed mid-market companies with the fastest growing profits over their last two financial years. The companies include fake tan supplier St Tropez (no 77) and InterContinental

Ursataur Capital Management and BASF Venture Capital have invested USD6m in Quantiam Technologies, which develops coating products for extreme-operating environments and energy-related applications. Quantiam has developed three key coating families for surfaces of complex shapes that are applied to petrochemical furnace coils to reduce carbon formation, to oil and gas

A team at Mourant du Feu & Jeune has advised on the Jersey legal aspects of the establishment of Resource Eastern European Equity Partners I, a private equity fund targeting mid-cap agribusinesses in Poland as well as in other EU member states in Central and South-Eastern Europe. The fund was