Global buyout firm Advent International has opened an office in Prague headed by partner Chris Mruck, who joined the firm in 1997 after 10 years as head of the Czech office of the European

Shackleton Ventures, a secondaries venture capital firm, has announced that its Shackleton Secondaries LP fund has purchased a further portfolio of nine companies from 3i Group for an undi

Palm, the manufacturer of personal digital assistants and Treo smartphones, has announced that private equity firm Elevation Partners will take a 25 per cent stake as part of a financial a

Boston-based Audax Group has raised its third private equity fund, Audax Private Equity Fund III, with a first and final close of USD1bnbn.

US telecoms provider Avaya has agreed to be acquired by Silver Lake Partners, which makes large-scale investments in technology-driven growth industries, and TPG Capital, a leading private

Hedgemedia.com has launched the world’s largest portal for jobs in the alternative investments sector – hedge funds, private equity funds and real estate funds – at

The Blackstone Group and management and employees of Alliant Insurance Services, one of the largest US insurance brokerage firms, have agreed to acquire the California-based firm from its

Abraaj Capital, which specialises in private equity investment in the Middle East, North Africa and South Asia, has announced the closing of what it says is the largest private equity buyo

Adveq, the Swiss private equity fund of funds manger, is opening an office in New York and will transfer several of its Zurich-based investment professionals to the US, including new hires