Venture capital trust manager Close Venture is to make a GBP6.5 million investment in the 19 bedroom Stanwell Hall hotel, situated a mile from the new Terminal 5 at London’s Heathrow airpo

The State of New Jersey has teamed up with global investment bank Lehman Brothers to form the New Jersey Directed Investment Fund (NJDIF), a USD105 million private equity vehicle designed

Dallas-based private equity firm Insight Equity I LP has closed on its USD160.2m acquisition of DURA’s Atwood Mobile Products division.

The French venture capital firm, Alven Capital has held its first closing on a third generation fund at EUR80 million within six months of fundraising.

The Blackstone Group is to invest up to USD600 million in a 20 per cent stake of China National Bluestar (Group) Corporation, a wholly-owned subsidiary of ChemChina.

Kreos Capital has appointed Simon Hirtzel as Chief Operating Officer.

Former Lenovo Chief Financial Officer Mary Ma is to join global private equity firm TPG as Partner and Managing Director.

KBC Private Equity is to acquire a majority stake in Dynaco from founder and owner Benoit Coenraets.

Global private equity firm the Carlyle Group has closed its third dedicated European buyout fund, Carlyle Europe Partners III, at USD7bn.

Apax Partners France has successfully completed its acquisition of Telenor Satellite Services and is incorporating the company into the new Vizada brand. Apax now combines the resources of two industry veterans – the former Telenor Satellite Services (TSS) and the former France Telecom Mobile Satellite Communications (FTMSC) under the Vizada