EmVest Asset Management, a diversified agricultural investment company in sub-Saharan Africa, has received its first allocation from Truestone Impact Investment Management, which focuses on delivering market rate returns from social and environmental investments. EmVest manages the Emergent African Land Fund, a private equity fund focusing on the agricultural sector, with

General Atlantic is to acquire a minority equity stake in FNZ, a provider of technology, transaction and custody services to the wealth management industry, investing alongside HIG Europe and the management team. Completion of the transaction remains subject to EU competition commission approval.   HIG originally backed an MBO of

Private equity firm Francisco Partners has acquired Concerro through API Healthcare, an existing portfolio company that provides workforce management technology to the healthcare industry. Based in San Diego, California, Concerro is a provider of software-as-a-service (SaaS) staffing and scheduling systems for healthcare. Through this acquisition, API Healthcare will expand its

Boston-based private equity firm Riverside Partners is to make a significant investment in Park IP Translations, a market leader in the highly technical field of patent translation. The investment, which will be made through Riverside Partners’ portfolio company, Welocalize, will enhance the company’s service offerings, providing clients with better translations

Corel has completed the acquisition of the Roxio business from Rovi Corporation. With this deal, Corel has expanded its product portfolio to include Roxio’s broad range of digital media and security solutions, including digital media suite Roxio Creator and Roxio Toast, a leading media conversion software on the Mac platform.

Global aerospace and defence (A&D) merger and acquisition (M&A) value reached a record level in 2011, according to Mission Control, a quarterly analysis of M&A activity in the global A&D sector by PwC. Aggregate deal value reached USD43.7 billion supported by 341 deals in 2011, compared to total deal value

Hogan Lovells has advised Ares Capital, Lloyds TSB, RBS and Santander on the acquisition by Duke Street Capital of a majority stake in Parabis, thought to be the first ever leveraged buy-out of a law firm in the UK. The deal was announced on Monday 6 February. Parabis is a

Bregal Investments is forming Bregal Partners, LP, a middle-market private equity fund with USD500 million of committed capital. The fund’s investment efforts will be led by Robert Bergmann and Scott Perekslis, who will serve as Managing Partners. The fund, based in New York, will focus on control-oriented investments in North

High Road Capital Partners has sold Milwaukee Gear Company for USD80 million, marking the first exit for the firm’s debut fund, High Road Capital Partners Fund I, LP. The sale generated a 2.6x gross cash-on-cash return and a 31.6% gross IRR for High Road. The firm’s July 2008 investment in