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.

Over the first half of 2008 FTSE 100 chief executives saw their personal stake in their companies’ equity drop by an average of over GDP2m each to GDP8.96m, according to research by Hea

The end of 2008 saw a wave of transactions fall apart as shifting valuations and sclerotic debt markets undermined companies’ ability to close deals, a report by mergermarket says.

The value of investments made by private equity firms in 2007 were eroded by 60-70 per cent, or nearly USD2.25bn, over the past few months amid turbulent economic conditions and falling