KapStone Paper is to acquire the stock of Longview Fibre Paper and Packaging from Brookfield Capital Partners II, a private equity fund managed by Brookfield Asset Management, in a cash free, debt free transaction for USD1.025bn in cash and subject to certain post-closing adjustments.    Closing of the acquisition is

International law firm Osborne Clarke has advised NVM Private Equity and the management shareholders on the sale of Cwmbran-based IG Doors, a manufacturer of composite external doors for the housebuilding industry.   The business has been sold to Hörmann Group, a family owned German manufacturer of residential and industrial doors.  

Novus, a New York-based company founded by former portfolio managers, engineers and data scientists to help institutions and investors generate higher returns, has received an investment from Bain Capital Ventures and Index Ventures.   The investments will be used to help Novus continue its growth by investing in its technical

A team of lawyers at Milbank, Tweed, Hadley & McCloy has represented the Maloof family, owners of the NBA’s Sacramento Kings and their home court Sleep Train Arena, in the sale of a 65 per cent controlling interest in the team to a Sacramento-based investor group.    The transaction valued

The European Investment Fund (EIF) and the Small and Medium Enterprises Development Organisation of Turkey (KOSGEB) have joined forces to establish a new fund of funds initiative to stimulate growth and innovation in Turkey.   Both institutions have committed up to EUR60m each with a target size of EUR250m at

The EBRD has committed up to EUR20m to the Capital North Africa Venture Fund II (CNAV II), the first independent and Maghreb-focused fund to be raised by Capital Invest.      The investment is the first time in the southern and eastern Mediterranean (SEMED) region the EBRD is supporting a

Private equity firm Doughty Hanson has sold Vue Entertainment, an operator of multiplex cinemas, to OMERS Private Equity and Alberta Investment Management Corporation (AIMCo) for a total of GBP935m.   The transaction is expected to close by late July/August 2013.   Vue Entertainment was acquired in December 2010 for GBP450m.

Emerging markets private equity firm Actis has committed USD290m for a 60 per cent stake in Aela Energía, a renewable energy development set to become Chile’s largest wind and solar energy provider.    Actis is investing alongside Mainstream Renewable Power, a wind and solar developer, which will own 40 per