The Association of Investment Companies has introduced a new classification system for venture capital trusts, creating six new sub-sectors that expand on the current specialist and genera

Fund manager and private equity investor Octopus Private Equity has announced it has backed the acquisition of London restaurant group Smollensky’s.

Cayman Islands law firm Turner & Roulstone has announced the opening of a City of London office in Cornhill from which partner Gavin Lowe, newly recruited from Ogier, will provide lega

CNA Specialty has introduced directors and officers (D&O) plus errors and omissions (E&O) coverage designed specifically to meet the liability insurance needs of private equity and

Expansion Capital Partners, LLC, has announced the final closing for the firm’s Clean Technology Fund II, LP with more than USD100,000,000.

Globespan Capital Partners has closed its fifth fund, Globespan Capital Partners V, LP, with commitments of USD380 million.

The investment profits of private equity firms are fairly taxed as long-term capital gains because private equity partners act as owners, not employees; bear significant economic risks; ho

TXU Corp’s shareholders have approved the USD32bn buyout by Texas Energy Future Holdings, formed by a group of investors led by Kohlberg Kravis Roberts and Texas Pacific Group.

Ventech has announced the closing of its third Venture Capital Fund – Ventech Capital III – at EUR150m as targeted.

Six senior investment professionals have joined the Carlyle Group’s recently-formed Global Financial Services Group.