A group of industry experts has launched Darwin Financial Platform, a company offering full service business partnerships to starting investment managers.

General Dynamics has completed the acquisition of AxleTech International, announced last November, from Washington DC-based private equity firm the Carlyle Group.

Zurich-based Finvest Asset Management has been awarded a USD2.5bn allocation for investment in private equity.

HgCapital, the European sector-focused private equity investor, has completed its current round of exits with the sale of Orbiscom for approximately USD100m to MasterCard.

Oklahoma City-based Chesapeake Energy has sold certain Chesapeake-operated long-lived producing assets in the Anadarko and Arkoma Basins in its fourth volumetric production payment tran

Axa Private Equity is opening an office in Vienna thereby boosting its presence on Eastern European markets.

Kuwait-based Global Investment House says it has established ‘synergy and co-operation’ between its portfolio companies Al Sawani for Food & Industrial Supply and Future Kid Enterta

Dmatek, a Tel Aviv, Israel-based provider of remote people monitoring technologies, has entered into a definitive merger agreement with an investor group led by Francisco Partners.

Italy-based bank UniCredit Group has spun out its private equity-style investment foundation of Austrian industrial companies for EUR1.1bn (USD1.55bn) to free up its capital.

Rasmala, a Middle East investment banking firm, has announced the first closing of Rasmala Mena Private Equity Fund 2, with USD120m in commitments received.