Private equity investment in buy-outs in the first half of the year reached a disappointing GBP3.2bn, according to the latest data from the Centre for Management Buy-out Research.

Duoyuan Global Water, a portfolio company of private equity firm Global Environment Fund, has completed its initial public offering on the New York Stock Exchange of 5.5 million America

Small Bone Innovations, an orthopedics company focused on technologies and treatments for the small bones and joints, has sold a total of USD108m of series D preferred stock in a series

State Street Corporation has added private equity and real estate asset data and characteristics capabilities into the State Street Investment Analytics Dashboard.

Denton Wilde Sapte is acting as legal adviser for Mena Infrastructure Fund’s second investment – a 32.8 per cent shareholding in Oman’s United Power Company.

The London Stock Exchange has admitted two funds to its Specialist Fund Market from NB Private Equity Partners and Altus.

CDC Group, the UK’s development finance institution, is committing USD50m to African Capital Alliance’s Private Equity Fund III.

NB Private Equity Partners’ class A ordinary shares have been admitted to the Specialist Fund Market of the London Stock Exchange.  

OpenGate Capital, a global private equity firm, is acquiring Gabriel North America, a provider of shock absorbers and strut assemblies, from Fortune 500 company ArvinMeritor.