Finmeccanica has reached an agreement with First Reserve Corporation, an international private equity investor specialised in the energy sector, for the sale of a 45% stake in Ansaldo Energia (AEN).   The transaction completes the program undertaken by Finmeccanica following the acquisition of DRS Technologies, which includes the share capital

Middle market private equity firm Wynnchurch Capital has announced the final closing of Wynnchurch Capital Partners III, with USD603 million of committed capital, exceeding its target of USD500 million. With the closing of Fund III, Wynnchurch now manages USD1.1 billion of capital. Wynnchurch’s previous fund was raised in 2006 and had capital

Del Monte Foods Company (NYSE: DLM) has announced the completion of its acquisition by an investor group led by funds affiliated with Kohlberg Kravis Roberts & Co (KKR), Vestar Capital Partners (Vestar) and Centerview Capital(Centerview).   Under the terms of the merger agreement, the company’s stockholders will receive USDUSD19.00 per

Red Fort Capital announced today that the firm has returned in excess of USD100 million to investors since 2009. Through 1Q 2011, the firm has harvested four investments in the residential and office sectors located in New Delhi, the National Capital Region and Chennai. Parry Singh, Managing Director of Red

Research for the 2011 Preqin Sovereign Wealth Fund Review publication has revealed that the aggregate AUM of sovereign wealth funds (SWFs) currently stands at almost USD4 trillion, making 2010 the second year running in which SWF AUM has increased by 11%. The proportion of SWFs investing in alternatives also rose

Piraeus Equity Partners, a company of Piraeus Bank Group, and Positive Energy have entered into a strategic partnership aimed at implementing an investment program for the installation of photovoltaic systems on industrial rooftops.   Piraeus Equity Partners together with its subsidiary, Piraeus Equity Advisors, are the private equity investment branch

Figures issued today show that the value of investment fund business in Guernsey grew by GBP14.3 billion (5.9%) during the final quarter of last year. The increase represents the sixth consecutive quarter of growth and takes the net asset value of funds under management and administration in the Island to

Intertek, a provider of quality and safety services, has entered into an agreement to acquire Moody International (Moody) from alternative investment firm Investcorp. Moody is a worldwide technical services organisation dedicated to reducing clients’ risks by providing technical inspection services, technical staffing services, consulting and training, and global management system

bubbles & beyond, a technology company focusing on customised intelligent fluids, has closed a second financing round. All existing investors – LBBW Venture Capital, S-Beteiligungen, Hightech-Gruenderfonds and KfW – participated in the round, which totals EUR1.2m.  The new funds will be used to strengthen the international market presence of bubbles