First Reserve Corporation, a private investment firm in the energy industry, has entered into an agreement to provide an equity commitment of USD100 million from its Energy Infrastructure Fund to a joint venture with Energy Corporation of America (ECA). Through the joint venture, First Reserve will own a 50% interest

Investec Specialist Bank’s (Investec) Fund Finance team has provided a GBP14 million debt facility to the management of Clyde Blowers Capital (CBC), a leading investor in industrial businesses. The four year loan facility will enable the management of CBC to co-invest in the Clyde Blowers Capital Fund III (CBC Fund

Gresham Private Equity-backed James Grant Group (JGG) has acquired the entire issued share capital of Rabbit Vocal Management Limited, the leading London based Voiceover Management Company. JGG is a leading provider of management and professional services to clients within the broadcast media, music and sports sectors. Commenting on the deal,

Oak Hill Capital Partners has made a USD55 million strategic investment in Southern Air. The investment by Oak Hill Capital, which has been Southern Air’s majority investor since 2007, will support the completion of Southern Air’s fleet renewal and the company’s continued growth. Denis J Nayden, a Managing Partner of Oak

Sala International, the document archiving and records storage business backed by mid-market private equity house LDC, has merged with EDM Group, the document management business backed by ECI Partners. The GBP52m merger, which sees ECI Partners exit its investment, creates one of the UK’s largest providers of outsourced information management

Private equity firm Eigen Capital’s portfolio company Plews, Inc, has completed the acquisition of Solon, OH-based Omega Hose Manufacturing Inc, a subsidiary of ATSCO Remanufacturing Inc. of Phoenix, AZ. Eigen Capital closed the acquisition of Plews, Inc less than six months ago, and the acquisition of Omega Hose Manufacturing is

FBL Financial Group has agreed to sell its subsidiary, EquiTrust Life Insurance Company, to controlled affiliates of Guggenheim Partners, LLC for a preliminary purchase price of USD440 million in an all-cash transaction. EquiTrust Life sells fixed and indexed annuities and life insurance nationally through independent agents and marketing organisations. Guggenheim

Private equity investment firm HIG Capital has acquired certain assets of WhiteHorse Capital, a Dallas-based CLO manager with experience managing over USD1.7 billion of capital, and formed HIG WhiteHorse to provide flexible financing solutions to profitable and performing small and middle market companies. With more than USD1 billion of capital