Global buyout firm Advent International has opened an office in Bogotá, Colombia, extending its long-established presence in Latin America. The office, Advent’s fourth in the region and 18th worldwide, will serve as a hub to invest in high-growth companies across Colombia, Perú and Central America.   “Given Colombia’s strategic location,

Swiss investment firm Mountain Cleantech AG has announced the first close of Mountain Cleantech Fund II (Fund II) at EUR23 million. With a target fund size of EUR100 million, Mountain Cleantech Fund II aims to become the largest dedicated growth equity Cleantech fund in the German-speaking and Nordic regions. Fund

Guinness Asset Management has launched the Guinness Renewable Energy EIS Fund 2 to make follow-on investments in EIS qualifying companies that have already received investment from the Guinness Renewable Energy EIS Fund (Fund 1). The Investee Companies will primarily develop, install, own and operate roof-mounted solar PV projects in the

Aberdeen company Phuel Oil Tools Limited has become one of the first businesses to access the Scottish Loan Fund (SLF), as announced by Finance Secretary John Swinney (pictured). Phuel Oil Tools, which specialises in developing and manufacturing wireline pressure control equipment (PCE) for the oil & gas sector, has secured

Business Growth Fund (BGF) has invested in Statesman Travel Group (Statesman), an independent travel management company providing a comprehensive service to blue chip corporate and private clients. BGF is working hard to give confidence to fast-growing UK businesses by providing much needed long-term capital, support and advice through a seat

RCP Advisors, LLC, an independent sponsor of private equity funds-of-funds, secondary funds, and co-investment funds, focused on North American lower middle market buyouts, has closed its seventh fund-of-funds, the USD300 million RCP Fund VII, LP. “We are gratified by the confidence that our partners have shown in us, particularly during

The Institutional Limited Partners Association (ILPA), a not-for-profit organisation committed to serving institutional investors of private equity, has released its latest set of Standardised Reporting Templates as part of its continued commitment to drive asset class best practices and support long-term partnerships between Limited Partners (LPs) and General Partners (GPs).

Iona Capital, the UK renewable energy investment specialist, is launching a GBP10m Environmental VCT to fund waste-to-energy projects, principally focusing on Anaerobic Digestion. The fund offers retail investors the potential for strong tax-free returns and a reduction in income tax bills while providing direct access to a low risk portfolio

HarbourVest Global Private Equity Limited’s (HVPE) estimated Economic Net Asset Value stood at USD1,098.0 million, or USD11.02 per share, as at 30 September 2011. This is a 0.3% (USD0.03) decrease from the 31 August 2011 estimated Economic NAV per share of USD11.05. This change was driven by an increase in