Omers Private Equity has agreed to acquire United States Infrastructure from funds affiliated with Kohlberg. United States Infrastructure is a provider of outsourced sub-surface utility locating services in the US. The company provides locating services across 20 states on behalf of over 400 telecom, electric, gas, cable and water utilities,

A prolonged period of pricing stability, increased lending and the General Election mean the number of transactions is set to rapidly increase by the end of the year, according to the latest Private Company Price Index and Private Equity Price Index from accountants and business advisors BDO. According to the

Private equity firm Riverside has opened an office in Melbourne, Australia as part of Riverside Asia Fund. The new office will focus principally on finding and evaluating attractive middle market opportunities in Australia, strengthening Riverside’s presence in the Asia Pacific region. The Melbourne office complements RAF offices in Hong Kong,

EnCap Investments, a Texas-based oil and gas private equity firm, and its partner Flatrock Energy Advisors have closed EnCap Energy Infrastructure Fund with total capital commitments of USD791.6m. The fund provides growth capital to proven management teams focused on the midstream sector of the oil and gas industry in North

Knewton, an educational technology company, has completed a USD12.5m round of funding led by FirstMark Capital, a New York City-based venture capital firm. Returning investors include Accel Partners, Bessemer Venture Partners, First Round Capital, and angel investor Reid Hoffman. Knewton’s new financing will accelerate expansion to meet the demand for

Celtic Pharmaceutical Holdings says several preclinical studies demonstrate statistically significant tumour regression and prolongation of survival following treatment with Xerecept in combination with Avastin, compared to Avastin alone. The animal studies were conducted at Duke University and the Piedmont Research Centre using solid human tumours including breast and colon xenografts

Lombard Odier is to reorganise the administration of its own funds in Jersey by transferring its domestic fund business to legal and financial services firm Bedell Group. Most of Lombard Odier’s existing fund administration staff are expected to continue working on the funds on behalf of Bedell. Bedell Fund Services

Preliminary figures show that CDC Group, the UK’s development finance institution, made a return of GBP207m and invested GBP359m in businesses in developing countries in 2009.  2009 marked the start of CDC’s new five-year investment policy which will see it make at least 75 per cent of new investments in

Asset management group Polar Capital intends to launch the Polar Capital Global Healthcare Growth and Income Trust. It is intended that PCGH will seek admission to trading of its ordinary shares on the London Stock Exchange with a premium listing. PCGH is looking to raise over GBP100m through a proposed

Institutional investors increasingly believe that emerging markets are attractive for private equity investment, both on a standalone basis and relative to more developed markets, according to the latest EMPEA/Coller Capital emerging markets private equity survey. Over half (57 per cent) of limited partners who currently invest in emerging markets private