RiverRock European Capital Partners LLP has announced the first external close of its European Opportunities Fund at EUR76mn in subscriptions (approx. USD108m). The fund now expects to finalise its legal close by the end of May and make its first investments shortly thereafter.   The final close is expected to

Ochre House Limited, the recruitment outsourcing and talent management business backed by NBGI Private Equity (NBGIPE), has sold the subsidiary ITN Mark Education Limited (ITN Mark) in a deal valued at over GBP13m. Under the terms of the deal, ITN Mark, a provider of supply teachers and teaching assistants to

 Albion Ventures LLP, partnership with UCL Business (UCLB) has made a GBP1 million investment in Abcodia a company engaged in the validation and discovery of molecular biomarkers for disease diagnosis and screening.  The investment will help develop Abcodia’s visionary plans which could transform the way that life-threatening diseases are diagnosed.

PwC’s latest Valuation Index shows that, as at the end of Q1 2011, the index for the overall UK market stands at 87, meaning observed equity multiples for all UK quoted shares are 13% below those implied by economic fundamentals. PwC believes that market multiples will continue to track fundamentals

Funds advised by Kohlberg Kravis Roberts & Co (KKR) along with International Finance Corporation (IFC) have led an investment of INR4.4bn in Magma Fincorp. IFC’s investment is subject to the approval of the Board of IFC, shareholders of Magma and relevant regulatory authorities. The capital infusion will be used to

BaltCap has exited its portfolio company Adam Auto by selling it to Hansa Auto, the Latvian subsidiary of leading Baltic car dealer Amserv Group. Hansa Auto has acquired 100% of Adam Auto SIA’s shares from Baltic Investment Fund III advised by BaltCap, and minority shareholders. Adam Auto SIA was founded

EQT Infrastructure has agreed to acquire leading Spanish car park operator Acciona Aparcamientos from Spanish infrastructure and renewable energy group Acciona S.A. The investment is the first for EQT Infrastructure in Spain. Acciona Aparcamientos is a leading operator in the Spanish car park sector managing 29 car parks in Spain

Border Foods, Inc, a portfolio company of Ares Capital Corporation (Ares Capital), has been sold to strategic buyer Mizkan Americas, Inc, a subsidiary of Japan-based Mizkan Group Corporation (Mizkan). Harris Williams & Co acted as the exclusive advisor to Border Foods in the transaction, which closed on May 12, 2011.