Morgan Stanley Alternative Investment Partners (AIP) has been awarded approximately USD1.3 billion in commitments for Morgan Stanley Private Markets Fund V (PMF V) and certain other separate accounts. AIP’s strategy is to combine primary funds, co-investments and secondaries in one globally diversified portfolio of private equity investments. The capital raise,

Beanstalk, the boutique corporate finance advisor, has helped building energy efficiency software company Sefaira secure the largest series A funding round in the cleantech sector in the UK for over two years, with funding of USD10.8m.   The international series A funding round was led by New York-based venture capital

Metric Capital Partners (MCP) has completed an investment in LM Funerals (LMF), a leading UK provider of funeral services, in conjunction with Duke Street and Babson Capital Europe. MCP has provided financing across several tranches of capital to fund the acquisition of LMF from Sovereign Capital, and will also be

Morgan Stanley Global Private Equity has acquired Access Cash General Partnership, a Canadian independent service organisation that manages the country’s second largest network of automated teller machines (ATMs). Morgan Stanley Global Private Equity partnered with the current management team who will remain in place and will hold a significant minority

Private investment firm HIG Capital has completed the acquisition of Trinity, the correctional services business of Compass Group PLC (LSE: CPG). Trinity, which operates under the brand names Trinity Services Group and Canteen Corrections, is one of the three largest providers of outsourced food service and commissary services to the

Aleva Neurotherapeutics, a company developing next-generation implants for Deep Brain Stimulation (DBS) in major neurological indications such as Parkinson´s disease or depression, has closed a Series B financing round totalling CHF 4.0 million.  Banexi Ventures Partners acted as a lead investor in the financing, with selected private investors also participating

In response to strong investor interest in private equity in microfinance following the launch of the Azure Global Microfinance Fund of Funds, Azure Partners announces is launching its second fund of funds targeting the microfinance industry. Azure Microfinance Private Equity Fund of Funds will aim to capture high growth in

HIG Capital has successfully closed HIG BioVentures II, LP, which was over-subscribed with total aggregate commitments of USD268 million, exceeding its USD250 million target. The funds were raised entirely from limited partners specific to HIG BioVentures II, including a diverse group of top-tier global investors, including public and private pension

Accordion Partners, a financial services firm delivering deal and project execution services to private equity firms and corporate development groups, has completed a capital raise led by a mix of institutional and high net worth investors. The capital raise was led by Eagle Proprietary Investments Limited, a Dubai-based investment firm

In the first quarter, US and European private equity funds held more closings and raised more capital than in the same period last year, but more than half the capital raised in each region went to a small contingent of firms. US private equity funds raised USD38.1 billion for 136