RiverRock European Capital Partners has held the final closing of its European Opportunities Fund (EOF). The close is built upon new commitments from major European institutional investors, family offices, the German Ministry of Economics and Technology and LfAFörderbank Bayern. These investors will join existing investors, including the European Investment Fund

Tikehau Investment Management and Macquarie Corporate and Asset Finance’s lending group have agreed to cooperate in providing unitranche, mezzanine, and private bonds to mid-market companies in France. The Tikehau/Macquarie French credit programme is designed to deliver reliable lending product to borrowers with greater speed, simplicity and certainty of execution. Tikehau

HarbourVest Global Private Equity had an estimated net asset value per share of USD11.49 at the end of June, a USD0.08 per share increase from 31 May 2012 (USD11.41).  This change mainly reflects positive public markets and foreign currency movement, as well as increases in the value of privately-held investments

The HPE Private Equity fund is investing more than EUR20m in a minority stake in Cotesa, a manufacturer of fibre-reinforced composites. The transaction has already been completed. A team from CMS Hasche Sigle led by lead partner Stefan-Ulrich Müller advised Cotesa and the company’s existing shareholders on all legal aspects

High Street Capital and Greyrock Capital Group have sold DSI/Data Source to Inverness Graham Investments. Data Source, based in Kansas City, Missouri, is a business process outsourcing service organisation that provides a solution to document design and distribution and other back-office services. Terms of the sale were not announced. High

The private equity asset management team at Global Investment House has completed the exit of two of its managed funds, the Private Equity Fund and Global Opportunistic Fund I, along with co-invested clients from Al Rayan Holding Company. The transaction was completed on 12 July 2012 and represents an 82

Altor Fund II has signed an agreement to sell a majority stake in Helly Hansen Group to Ontario Teachers’ Pension Plan Board (OTPP) and will retain 25 per cent ownership. Headquartered in Norway, Helly Hansen designs, develops and markets high performance technical apparel. Helly Hansen currently operates three divisions: sport

Darden Restaurants has agreed to acquire Yard House USA for USD585m in an all-cash transaction from private equity firm TSG Consumer Partners, management and investors.  The total transaction price of USD585m includes approximately USD30m of cash tax benefits that are expected to be realised by Darden in fiscal 2013 and

Subitec, a manufacturer of fully automated algae photobioreactors, has closed a second round of financing totalling EUR4.5m. The Cleantech-Fonds of eCAPITAL entrepreneurial Partners, Fraunhofer Venture, High-Tech Gründerfonds (HTGF) [High-Tech Start-Up Fund] and KfWBankengruppe’s ERP-Startfonds [ERP Start Fund] participated in the capital increase. The raised capital is to be used mainly