After launching in late-October, middle market private equity firm American Industrial Partners (AIP) has announced the first and final closing of American Industrial Partners Capital Fund V, LP (Fund V) at USD700 million, excluding the GP commitment of USD17.5 million. AIP exceeded its target of USD500 million and closed at

PowerCloud Systems, a leading software platform provider for enabling Networking as a Service (NaaS), has secured USD6 million in Series B financing. The round was led by Qualcomm via its venture investment arm, Qualcomm Ventures. PowerCloud Systems’ existing investors – Walden Venture Capital, Javelin Venture Partners and PARC – all participated

LDC-backed MB Aerospace Holdings (MBAe), one of the UK’s leading aerospace companies, has acquired US-based Gentz Industries in a multi-million pound deal. This strategic acquisition will double the size of MBAe’s current operations creating an international brand with total revenues in excess of USD80 million per annum. The enlarged group

The Burgiss Group, a Hoboken, NJ-based solutions provider to the private capital markets, has announced a strategic partnership with Citi Private Equity Services (Citi PES), a provider of accounting, administration and tax services to private equity, venture capital and institutional investors. Private capital investors are facing an increasing burden to

Cross Atlantic Capital Partners led the Series A financing round for Sagence Group, a management consulting firm focused on providing data strategy, management and analytics services to companies in Financial Services, Insurance, Healthcare, Consumer Services and Consumer Products industries. Terms of the deal were have not been disclosed. In addition

Aureos Capital Limited (Aureos) has reached a final close of the Africa Health Fund, exceeding its target by raising USD105.4 million from a range of private sector and development finance institutional investors. The Africa Health Fund is managed by Aureos, a private equity fund management company specialising in small and

Mid Europa Partners has acquired Dr n med Teresa Fryda Laboratorium Medyczne through a jointly controlled entity, Polska Grupa Laboratoriów Medycznych. This transaction marks a further step towards the consolidation of the Polish laboratory market, which was initiated in January 2011 through the acquisition of a strategic stake in Diagnostyka

BNP Paribas Clean Energy Partners Ltd has completed the purchase of the Sleaford Straw-fired Renewable Energy Plant from ECO2 Ltd for its Clean Energy Fund. The completion of the deal marks the inclusion of the first biomass generation in the Fund and a significant step towards the completion of the diversified

The European Investment Fund (EIF) has invested in Bridges Ventures Fund III, a UK-focussed sustainable growth investor, which held its first closing at GBP72m. This is EIF’s first commitment into the impact investing segment and illustrates its willingness to support European social entrepreneurship. Bridges Ventures will target ambitious businesses across