Energy and resources-focused global private equity firm Denham Capital Management has closed its sixth fund, Denham Commodity Partners Fund VI LP. Launched in July 2011 and closed eight months later in March 2012, Denham Capital raised USD3 billion in total third-party commitments for Fund VI from a variety of institutional investors globally, representing leading foundations, endowments, public and private pension funds, sovereign wealth funds and family offices. Fund VI was oversubscribed, exceeding the targeted cover amount of USD2.5 billion. Denham received strong support from investors in its prior fund, with nearly 90 percent of commitments participating in Fund VI. Denham

Molson Coors Brewing Company (NYSE: TAP; TSX) has signed a definitive agreement with to acquire StarBev LP, owned by funds advised by CVC Capital Partners Limited (CVC) and StarBev management, for EUR2.65 billion (USD3.54 billion).  Headquartered in Amsterdam, Netherlands and Prague, Czech Republic, StarBev operates nine breweries in Central and Eastern Europe (CEE) and generated 2011 sales of nearly EUR0.7 billion (USD1.0 billion) and earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR241 million (USD322 million).   “The acquisition of StarBev fits squarely into Molson Coors’ strategy to increase our portfolio of premium brands and deepen our reach into

The Africa Health Fund (AHF) has completed a USD5million investment in Therapia Health Limited, the holding company for The Bridge Clinic Limited, the first assisted reproductive centre in West Africa. The Bridge Clinic is one of the few of its kind able to provide the same standard of reproductive technology in Nigeria as is available in more developed countries.   The Africa Health Fund is managed by Aureos, a leading private equity fund management company specialising in small and medium-size businesses in emerging markets. The Fund’s objective is to help low income Africans gain access to affordable, high quality health

Private equity firm Advent International has announced a partnership with the founders of CARE Hospitals (CARE). Advent will invest USD105 million of equity capital in CARE by acquiring shares from some of the existing investors and injecting additional capital into the business. This will help the business consolidate its position in the healthcare sector and capitalise on the growth opportunities. The business will continue to be run by the founders following Advent’s investment.   CARE is the largest multi-specialty hospital chain in South India, with strength in cardiac care, neurology, nephrology and general medicine. The hospital chain is ranked number

Halyard Capital, a New York-based private equity firm, has formed Digital Fortress, a new data centre colocation platform, along with two initial acquisitions of digital.forest, Inc. and Fortress Colocation Services. Headquartered in Seattle, Digital Fortress capitalises on the underserved market of regional small to medium sized enterprises seeking to enhance their overall IT infrastructure capabilities through outsourcing with colocation service providers. The company is also well-positioned to meet the growing demand among national corporations for data centres that have access to abundant low-cost electricity with a high concentration of renewable energy. Recognising the favourable industry secular trends of: i) supply/demand

RiverRock European Capital Partners LLP has held the second institutional close for its European Opportunities Fund (EOF). The close is built upon new major UK and continental European institutional investors. The European Opportunities Fund is a five year fund targeting direct lending to strong, small to mid-sized European companies that are looking for growth or working capital in order to build their businesses. The fund typically invests between five and fifteen million Euros in each company and works actively with the management to strengthen and grow these companies. The second close brings the fund to approximately EUR120 million (USD160 million)

KBC has closed the previously announced transaction with affiliates of JC Flowers & Co for the sale of its subsidiary Fidea, having received the necessary regulatory approvals. The acquisition of Fidea represents an important investment in the Belgian market by JC Flowers & Co. Fidea is a well-established player on the Belgian insurance market and a well-known brand. The company offers both life and non-life insurance products to private customers, the self-employed and companies. It sells its policies through independent insurance brokers and – within a bancassurance co-operation agreement – through Centea’s and Crédit Agricole’s network of bank agents. JC