Advent International, the global private equity firm, has acquired a majority stake in Stokomani, the French discount retailer, from Alpha Group.

Cardinal Health, a global provider of products and services that improve the safety and productivity of health care, has completed the sale of its Pharmaceutical Technologies and Services

BISYS has recruited Carsten Jerrild, previously managing director with Fulcrum Fund Services, as director of business development for its alternative investment services business.

Richard Fear has left Charles Adams, Ritchie & Duckworth in the Cayman Islands, where he had been a partner for over six years, and joined the London office of Conyers Dill & Pearm

Mark B Joachim and Robert T Carey have joined Bracewell & Giuliani LLP as partners in the New York office.

CapMan’s second private equity real estate fund CapMan RE II Ky reached its maximum investment capacity of EUR 600 million on its final closing.

Casey Quirk and eVestment Alliance have unveiled their first annual study of consultant search activity, revealing that more consultants will focus on Hedge Funds than on any other strateg

International law firm Maples and Calder acted as Cayman Islands counsel to the issue of a USD 750m Sukuk by DIB Sukuk Limited.

Paul Brooks has joined the management board of Bank of Scotland’s Integrated Finance division as a Non Executive Director.

Russia’s booming information technology (IT) market is a key target for private equity firms across the globe, according to a private equity lawyer with global law firm Squire, Sanders &am