Edmond de Rothschild Investment Partners has completed the first closing of its Winch Capital 2 growth-capital fund for EUR175m. This initial amount already exceeds the size of Winch Capital 1 (EUR165m), raised in December 2005 by the same team.   Pierre-Michel Passy (pictured), chairman of Edmond de Rothschild Investment Partners,

Clash-Media, an online lead generation service, has secured a further GBP1.3m investment from MMC Ventures.

BVK Holdings, Boston Ventures’ Fund VI portfolio company and owner of the consumer enthusiast publisher New Track Media, has acquired CK Media, a publisher of quilting, sewing, and scra

Bertelsmann and Kohlberg Kravis Roberts are creating a joint venture to develop a global music rights management business to which Bertelsmann will contribute its BMG Rights Management

Affiliates of Symphony Technology Group have entered into a definitive agreement with MSC Software to acquire all of the company’s outstanding shares in a one-step all-cash merger trans

Private equity firm Pfingsten Partners has acquired Hy-Bon Engineering, a Texas-based manufacturer of vapor recovery units which capture greenhouse gases generated in oil production and

US venture capital firm Burrill has invested in Taiwan Liposome, a Taiwan-based pharmaceutical company with operations in Taipei and South San Francisco.

Snow Phipps Group, a New York-based private equity firm, has completed the acquisition of ITSolutions, along with co-founder and chief executive Stefan Lalos, from The Edgewater Funds a

Wynnchurch Capital, a Chicago-based private equity firm, has invested in climate control product provider Centrum Equities.

China has established ten industrial investment funds and most of them have met difficulty in fundraising.