Inflexion Private Equity, a mid-market private equity investor, has invested in travel business Griffin Global Group. Headquartered in London, Griffin provides specialist travel services to the marine, offshore and cruise industries, arranging travel for crews rotating onto merchant ships, to oil and gas hubs and to cruise ships. The business

Neuberger Berman’s private equity secondaries team has agreed to acquire a diversified portfolio of 21 private equity investments from a European family office. The total transaction size is approximately USD200m, and the  portfolio will be purchased by NB Secondary Opportunities Fund II, a USD1.7bn fund raised in 2008. Transaction terms

Administrators of private equity funds have developed rapidly during their average 12 years of history, according to the first European private equity fund administration survey by Ernst & Young. The survey revealed that the service offering of administrators can be described as close to fully fledged and covers a wide

Earth Capital Partners has completed the first close of its renewable energy infrastructure fund, ECP Renewable Energy Fund One, targeting up to EUR750m of investment. The fund will invest in solar, biogas and biomass projects in Europe, the Middle East and North Africa. Earth Capital has recently appointed E.ON Climate

Investors are looking forward to 2010 as a year of moderate economic growth, benign inflation and solid returns in global equities, according to the BofA Merrill Lynch survey of fund managers for December. Optimism about the economy strengthened this month. A net 80 per cent of respondents expect the world

RLJ Equity Partners has acquired a significant ownership interest in LAI International, a manufacturer of precision engineered components for a variety of industries including power generation, aerospace and defence, and healthcare. The announcement, in partnership with Spell Capital, comes five months after the close of RLJ Equity Partners Fund I

Colony Capital and Eurazeo have welcomed the decision of Accor’s board of directors to approve the plan to separate the group’s two businesses, hotels and prepaid services, into two independent listed entities. Each entity will have its own strategy and benefit from the resources necessary for its own development. Eurazeo