Monroe Capital LLC, a private investment firm focused on investments in middle market and lower middle market companies, has announced the initial closing of its new USD250 million fund, Monroe Capital Partners Fund LP. The latest Monroe Capital fund will provide senior and junior/mezzanine debt and equity co-investments for private

Solar Investment Group, a Milan-based solar developer has launched its second development fund and third solar asset fund, targeting investments of up to 250MW of solar energy projects in Italy to take advantage of the strong Italian feed in tariff program. The firm, which develops solar plants in Italy, is

Private equity firm HIG Capital, LLC has completed the previously announced purchase of the Building Block Chemicals (BBC) division of Cytec Industries Inc (NYSE: CYT).   Based outside of New Orleans, BBC is a leading manufacturer of melamine, acrylonitrile and sulfuric acid, which are key intermediate chemicals critical for the

Private equity firm Francisco Partners (FP) has announced the final closing of Francisco Partners III, LP (FP III) with USD2bn of capital commitments. FP III closed at the target and hard cap of the fund. FP provides transformational capital to middle market information technology companies. Transaction structures include buyouts, divisional

 The Riverside Company sold Sentinel Performance Solutions Limited (Sentinel), a leading European supplier of residential heating and hot water system treatment products, to Electra Partners. The exit for a sale price of GBP43 million generated a combined 3x gross cash-on-cash return and a 22% gross IRR to Riverside and its

DynamicOps, a provider of private cloud automation software, has closed USD11 million in venture funding. The Series B round was led by Sierra Ventures, while Next World Capital participated, joining Credit Suisse’s Next II venture group in ownership. The company also added industry veterans Les Yetton and Paul Silver to its

Siemens AG’s Osram unit is acquiring Siteco Lighting GmbH from Barclays Private Equity for a low three-digit million euro amount. Siteco is a leading European lighting company with a worldwide workforce of 1250 and 2010 revenue of around EUR220 million. It supplies luminaires and lighting systems for urban infrastructures such

BlackRock, Inc and NTR plc have formed a strategic relationship agreement to launch a new renewable power investment group. This comprises a number of key renewable power principals from NTR joining the BlackRock Alternative Investors (BAI) investment platform, which currently manages over USD110 billion of assets across a range of