State Street Corporation has acquired Palmeri Fund Administrators, a specialist fund administrator to the private equity industry over the past 16 years, to strengthen the alternative investme

The Blackstone Group has announced the final closing of its latest global private equity fund, Blackstone Capital Partners V, with total commitments of USD21.7bn.

Ithmaar Bank, a Bahrain-based investment bank active in a broad spectrum of Islamic banking and financial products and services, has appointed veteran banker Michael McKinlay as executive dire

UK mid-market private equity specialist Graphite Capital has backed a GBP22m management buy-out of London health and fitness clubs The Third Space Group, whose membership has grown to nearly 4

California-based venture capital group Draper Fisher Jurvetson has acquired a strategic stake in London-based Esprit Capital Partners, which will become DFJ’s exclusive partner in Europe and will rebr

AIG New Europe Fund, a fund sponsored by AIG Capital Partners, Inc, is selling JetFinance International to BNP Paribas, through its consumer arm Cetelem. JetFinance International was founded in November 2001 and is now the leading specialised consumer finance company in Bulgaria, enjoying a broad product range that includes point-of-sale

International law firm Eversheds has advised Hutton Collins, in conjunction with the management team, on its acquisition of Healthcare at Home (EGX Limited).

APEI SGR, a wholly-owned subsidiary of I2 Capital, has announced the final close of I2 Capital Partners Fund at EUR200 million against a target of EUR180 million.

French venture capital firm Seventure Partners, with the help of specialist secondary advisory firm Rainmakers Private Equity, has sold all or parts of its minority shareholdings within ei

The Hedgemedia editorial team is taking a short summer break next week (6-10 August), this means that our daily newswires will not be distributed next week, and will resume the week beginn