Unigestion, a privately owned asset manager, has completed the first closing of Unigestion Secondary Opportunity II. To date, commitments to the fund total EUR135m. Unigestion expects to reach the target size of EUR150m shortly. The hard cap is set at EUR200m. The fund will purchase secondary stakes in funds through

Asset Management Finance, an investment firm focused on the global asset and wealth management sectors, completed four new investments in December totalling approximately USD200m in invested capital. These transactions bring AMF’s total capital invested to more than USD500m. “We concluded 2009 with a flurry of exciting investments continuing our momentum

Venture capital firm Albion Ventures has consolidated its pub portfolio to be managed by Bravewood Pub Management. The 34 pub estate will be managed by a single management team jointly led by Ken Buckley who will oversee the pubs in the north of England, known as Bravo Inns, and Daryl

Private equity firm Riverside completed 15 acquisitions in 2009, in addition to closing on its largest fund ever, increasing the value of its portfolio and exiting four platforms. The 15 acquisitions were made up of six platforms and nine add-ons and put USD200m to work.   The six new platforms

CDC Group, the UK’s development finance institution, is committing USD10m to ShoreCap Management’s microfinance fund ShoreCap II. ShoreCap seeks to raise USD100m for the fund to invest in small business banks and microfinance institutions, which in turn provide financial services and capital to entrepreneurs and small businesses in low-income countries

Mid Europa Partners has completed its tender offer to purchase any and all of the outstanding ordinary shares of Invitel Holdings, par value EUR0.01 per share, and any and all of the American depositary shares, each representing one Invitel share. The offer and withdrawal rights expired at 12:00 midnight, New

BaltCap, a private equity and venture capital investor in the Baltic States, has acquired 100 per cent of Air Maintenance Estonia, an aircraft maintenance, repair and overhaul company, from Scandinavian Airlines. Air Maintenance Estonia started its operations in 1995, providing maintenance services to Estonian Air aircrafts. Since 2002 the company

An overall bad year for the US venture capital industry ended on a high note as deal activity increased in the fourth quarter of 2009. Venture investors put USD6.3bn to work in 743 deals in the most recent quarter, up slightly from the USD6.1bn invested in 619 deals during the

Sofinnova Partners, a European venture capital firm, has invested EUR2.2m in Celsius X VI II, a French-Swiss firm developing mobile phones based on complex mechanics. Sofinnova’s investment is joined by AGF Private Equity’s EUR500,000 and a further EUR600,000 from business angels bringing the total funding to EUR3.3m. Jean Schmitt, managing