Monomoy Capital Partners, a New York private equity fund, has acquired the assets of the Heat Transfer Products Group of Carrier Corporation. HTPG is a USD90m manufacturer of highly-engineered refrigeration condensing units, evaporator coils and air cooled condensers for the food service, food retail and other non-consumable markets. Headquartered in

Mutual fund, hedge fund and private equity managers fear the impact of inflation but are optimistic about the prospects for US and Asian equity markets over the next 12 months, according to survey data published by RBC Capital Markets. The 102 asset management respondents, who manage a combined total of

Nearly three years after its inception Resavacs, editor of the rental portal anyresa.com, has completed a second round of funding of EUR2.2m to strengthen its public relations, accelerate the export of its free search engine and expand its business internationally. The company has raised EUR2.2m from funds managed by BNP

Alternative assets under management on behalf of pension funds by the world’s largest alternative investment managers remained unchanged in 2009 compared to the year before at USD817bn, according to research by professional services company Towers Watson in conjunction with the Financial Times. The research also shows that around half of

NB Private Equity Partners, a closed-end private equity fund of funds investment company, had an unaudited net asset value per share of USD9.43 as of 30 June 2010. This represents a decrease of 0.9 per cent compared to the unaudited net asset value per share of USD9.52 at 31 May

Flying J, one of the largest retail distributors of diesel fuel in North America, has emerged from Chapter 11 bankruptcy protection with the aid of Grant Thornton, which served as the financial adviser to the official committee of unsecured creditors, and Pachulski Stang Ziehl & Jones, which served as counsel

The Amplio Group’s investment company Envirogen Technologies, a water technology and services solutions provider, has secured USD50m equity financing. Envirogen’s financing has been secured from a provider of alternative investment solutions for a pipeline of design, build and operate environmental treatment projects. The financing will be deployed on a project-by-project

US private equity fund-raising fell to USD45.1 billion during the first half of 2010, down 26% from USD61.2 billion raised during the same period last year, according to Dow Jones LP Source, an industry database that tracks private equity fund-raising. The number of funds raising capital was static, with 198