Private equity firm BaltCap has acquired a controlling interest in Kelprojektas, a leading transport infrastructure engineering company in Lithuania.    BaltCap Private Equity Fund advised by BaltCap has acquired more than 90% of Kelprojektas’ shares from the company’s former shareholders including two road construction companies and a financial investor. Lithuanian Competition

Pond Ventures made successful exits from three portfolio companies during the fourth quarter of 2010. The acquisitions of Broadway Networks Ltd, 4Home and Gigle Networks together returned a substantial portion of drawn capital to Pond’s investors.

 “We are very pleased with these exits and extremely happy for our investment partners

Chinese investment company Fosun Group and global insurance and financial services firm Prudential Financial (PFI) are to to establish a private equity fund, which will be the single largest investment fund supplied to a third party management corporation in PFI’s 135-year history. According to the agreement, PFI, as a limited

Marport Deep Sea Technologies, a developer and manufacturer of sonar products for the defence and commercial fisheries markets, has secured an equity investment led by Hasting Equity Partners and Admiralty Partners. Boenning & Scattergood, a US based investment banking firm, served as financial advisor to Marport. "This capital raise, at

MMC Ventures (MMC), the growth company investor, has invested GBP1.8 million in online retail stockbroker and personal finance media company Interactive Investor Plc.   Interactive Investor offers individuals information and technology to manage their own investments through two channels; online, through Interactive Investor (www.iii.co.uk) and Shareprice.co.uk and offline, through financial

Maven has provided expansion funding to John McGavigan Limited (JML), a manufacturer of decorative assemblies and interior parts for the automotive industry. The business, which enjoys a significant share of the Western European market and has an increasing presence in Eastern Europe, employs over 130 staff at its modern plant

US private equity fund-raising defied expectations in 2010, declining even further from the low levels of 2009, according to figures from Dow Jones LP Source. In all, 336 funds raised USD86.3 billion in 2010, down 16% from the USD102.2 billion raised by 366 funds in 2009. While most sectors experienced

Private equity fund managers expect to close more new deals in the coming year than they did during the past 12 months, according to the second annual PErspective study by BDO USA, LLP.   Almost half (49 per cent) of respondents expect to close three or more deals during the