Brazil Hospitality Group is launching a private equity fund (FIP), which will be the company’s priority vehicle for investments in greenfield projects. The operation complies with CVM Instruction 391/03 and is targeted at qualified investors, with the minimum subscription amount being BRL1m. Named BHG Modal Fundo de Investimento em Participacoes

AXA Private Equity has arranged a EUR37m mezzanine tranche alongside Capzanine to finance the acquisition of Village Center by private equity firm 21 Centrale Partners and Promeo, the company’s founding shareholder. Village Center operates 33 campsites in France, comprising 13,500 pitches and 7,800 mobile homes. The group’s activities also include

Behrman Capital, a private equity investment firm based in New York and San Francisco, has formed Behrman Capital PEP, a USD1bn, six-year investment partnership that was formed primarily to acquire the five remaining investments in Behrman Capital III. The transaction provided immediate and full liquidity to all of the 2000-vintage

Intervale Capital has held the final closing of its second fund with capital commitments of USD376m. Intervale Capital Fund II and affiliates exceeded its target of USD325m and investor demand for the fund exceeded the USD350m cap on limited partner commitments. Intervale raised USD281m for its first fund in 2008

Business Growth Fund (BGF), established to help the UK’s fast growing smaller and medium sized businesses, has invested GBP3m of growth capital in Shuropody, a UK footcare provider. Midlands-based Shuropody has local branches in Birmingham, Coventry, Leamington Spa and Stratford-Upon-Avon within its 63-strong national network. The investment was led by

Idinvest Partners has held the first closing for its new investment vehicle which is exclusively dedicated to secondary transactions – Idinvest Secondary Fund. The fund has already received EUR100m in commitments. The fund’s investors are European financial institutions, one third of which are new LPs.   Christophe Bavière (pictured), chief

Global banks are in a phased retreat from the European equity brokerage business, and retrenchment on the part of brokers could result in some tough choices ahead for European institutional investors, according to Greenwich Associates. In this difficult environment for brokers, UBS has secured the top spot in European institutional

Tully & Holland has acted as financial adviser to Belize Aquaculture in conjunction with an investment in and recapitalisation by Thailand-based Seafresh Industry. This joint venture will provide Belize Aquaculture additional capital for growth.       The company was founded in 1996 by Sir Barry Bowen. "Belize Aquaculture is one of

Innova Capital, a Central European private equity fund, has entered the market of specialist medical services in Poland through its investment in the Ujastek Gynaecological and Obstetrics Hospital. The fund will spend more than PLN150m on building a chain of hospitals and clinics providing advanced medical care in the area