Evolution One Fund, a ZAR700m clean technology private equity fund, has committed to invest up to ZAR146m (approximately USD20m) into Red Cap’s Kouga wind farm, located in the Kouga local municipality of the Eastern Cape Province in South Africa. Red Cap’s Kouga wind farm is a 100 MW wind energy

TLG Capital has invested in Iroko Financial Products, a UK based fixed income boutique focusing on the sub-Saharan African region. Iroko’s structured transactions have totalled over USD1.3bn since 2005. Among the transactions executed by the company since its inception in 2002 is a landmark USD200m corporate bond for Ghana Telecom,

Two thirds (64 per cent) of private equity investors expect to see activity levels increase in the UK media sector over  the next 12 months, according to research from financial and business advisers Grant Thornton UK. The report, Where is the smart money going in media?, which canvasses the views

Alternative asset manager The Carlyle Group has acquired a portfolio of six multi-channel retail businesses from Arcandor subsidiary Primondo Specialty Group, namely Versandhaus Walz, Planet Sports, Bon’A Parte, Elégance, Mirabeau and 50 per cent of Vertbaudet Germany. Financial terms were not disclosed.   Gregor Boehm, managing director and co-head of

Walter Energy’s bid of CAD11.50 for Western Coal of Canada values the 23 per cent equity stake in Western Coal held by funds advised by Audley Capital Advisors at some CAD730m. Audley paid a CAD80m entry price approximately five years ago. Audley says the dramatic change in Western Coal’s fortunes

The UK Future Technologies Fund has committed GBP15m into Advent Venture Partners’ first life science focused fund, to be called Advent Life Sciences.  This is UK FTF’s third signature with the objective to support technology-based small and medium sized businesses since its launch in February 2010. Advent Life Sciences concentrates

India Venture Partnership, an early stage venture capital firm, is investing INR100m in Your Kids ‘R’ Our Kids, a day care and education centre. The company has a capacity of serving more than 2,000 children in India across 12 centres today, and a growth strategy to create a network of

Advent Venture Partners has held the final close of a USD120m (GBP75m) venture capital fund, to be called Advent Life Sciences. The fund will be managed by general partners Shahzad Malik and Raj Parekh, and is the first life sciences-focused fund raised by the firm.   The fund will invest

Runa Capital, a new Russian venture capital fund, has made its first investment of USD2m in OnAir3G, a voice-enabled mobile social networking platform. Moscow-based OnAir3G is a start-up founded by online and mobile pioneer Andrey Vasilevsky who also co-founded SmartCom, a developer of navigation software for Symbian, Windows Mobile and

The M&A sector will continue to grow through next year creating an exceptional range of investment opportunities, says Paris-based hedge fund manager Bernheim Dreyfus.  “We believe the recent rebound in mergers and acquisitions is rapidly gaining momentum and we’re forecasting global deal activity to rise by as much as 36