American Capital has announced that it has completed the acquisition of the shares of its affiliate European Capital that it did not already own.

AP Alternative Assets says its net asset value decreased USD703m, or USD7.28 per unit, during the fourth quarter of 2008.

Marfin Investment Group has reported net profit from continuing operations at EUR183.8m in 2008 versus EUR69.4m the previous year, an increase of 165 per cent.

Essex Woodlands Health Ventures, a venture capital firm dedicated exclusively to healthcare investing, has raised USD900m for its latest fund, Fund VIII.

TTP Group has bought back the 12.6 per cent interest in the company owned by the venture capital company 3i for an undisclosed sum. The shares will be transferred to its employee share ownership plan.   TTP’s chief executive Peter Taylor says: ‘We are pleased to be able to purchase

CDC Group, the UK’s development finance institution, is investing USD15m in Advanced Finance Investment Group’s Atlantic Coast Regional Fund.  

Mid-market private equity firm Castanea Partners has completed the acquisition from the Falic Group of Newport Beach, California-based Urban Decay Cosmetics.

Private aviation company Flight Options has raised new funding from Directional Capital, an investment firm headed by Flight Options founder and chairman Kenn Ricci, private equity firm

The Gimv-XL fund has reached agreement with Vandemoortele Group to invest EUR75m in the food group in view of strengthening its equity.