American Capital Strategies, which has USD17bn of assets under management, has announced that it has raised its second private equity fund, the USD585m American Capital Equity II.

Global private equity firm the Carlyle Group has appointed Anand Balasubrahmanyan as a director to lead its investments in south-east Asia for Carlyle Asia Partners.

CRG, a US-based firm specialising in the restructuring of middle market companies and the management of distressed equity and debt portfolios, has launched the EUR200m CRG Central European

Denham Capital Management, a USD2.3bn private equity fund manager focused on energy and commodities, has established a London office and hired Louis van Pletsen as managing director to run

Belgian- venture capital firm Capricorn Venture Partners has signed up LRM, the regional investment company from the province of Limburg, as investor in its new Capricorn Cleantech Fund.

European leading mid-market private equity firm Palamon Capital Partners has appointed as a vice-president Braam Verster, who was previously an associate principal in the London private eq

Coates Hire, Australia’s largest equipment hire company, has accepted an improved offer from the Carlyle Group and its smaller competitor National Hire Group worth AUD 1.7bn, offering shar

US private equity firm JC Flowers is said to have secured GBP15bn of funding from other banks to buy battered UK mortgage bank Northern Rock. It wants to keep the bank as a single entity.

Lynx Property, which is 75 per cent owned by AIM-listed private equity and property fund Equest Investments Balkans, has acquired a 75 per cent stake in Romanian retailer Domo Retail for a

Craegmoor Healthcare Group, a provider of long-term specialist care owned by Legal & General Ventures, has refinanced its whole business securitisation with a GBP255m bank facility arr