EIG Global Energy Partners (EIG), has announced the successful final close of Energy Fund XV (Fund XV), the firm’s most recent flagship investment fund.   Fund XV is the largest fund in EIG’s history and includes capital commitments from 187 limited partners from 13 countries. Institutional investors domiciled outside the US represent 45% of total capital commitments.   Launched in February 2010 with a target of USD2.5 billion, Fund XV had a first closing in June 2010 and hit the hard-cap of USD4 billion (excluding affiliate investments) in April 2011, several months prior to the end of the prescribed marketing

The world’s largest network of premium home furnishings, gift and home décor showroom and exhibition space has been launched following an unprecedented USD1bn investment by Bain Capital Partners and a subsidiary of investment funds managed by Oaktree Capital Management. The newly formed International Market Centers unites iconic showroom assets in High Point, NC, and Las Vegas, and create an effective, efficient and compelling world-class business-to-business platform for both buyers and sellers. IMC’s portfolio, initially comprised of 13 buildings and encompassed more than 10.6 million gross square feet, including the International Home Furnishings Center and the Market Square Complex (consisting of

Investors put EUR1.1 billion into 182 deals for European companies during the first quarter of 2011, marking an 18% increase in investment but a 35% drop in deals from the same period last year, according to Dow Jones VentureSource. This represents the lowest quarterly deal count for Europe since VentureSource began tracking the region in 2000. The median size of a European venture capital deal also declined, falling 5% to EUR2 million in the first quarter of 2011 from EUR2.1 million in the same period last year.   “Liquidity is scarce and fund-raising has lagged. Without capital coming in from

I2BF, the international clean technology asset management group, has completed its second investment within the UK by participating in the class C Ordinary Share financing of ACAL Energy Ltd. Other investors in the company include Carbon Trust Investment Partnership and Solvay SA. ACAL Energy (ACAL) is a UK based developer of novel fuel cell power modules and consumable chemicals for a variety of applications, including off grid power for telecoms and automotive power trains.   I2BF’s investment will be used to continue the research and development of ACAL’s unique cost effective Proton Exchange Membrane Fuel Cells (PEMFCs), helping achieve  the increased

Mistral Equity Partners, a private equity firm focused on the consumer and media sectors, has acquired Worldwise, Inc, a supplier of environmentally friendly pet products and accessories. The company’s products are developed primarily from natural, certified organic, reclaimed or recycled materials, and are sold through major retailers in the mass, grocery, and pet specialty channels. “Worldwise’s highly sophisticated approach to the pet accessory market combines fashion-oriented product design and innovation capabilities with an environmentally responsible branding strategy. These unique attributes, along with the Company’s scalable and reliable supply chain, have established the Company as trusted partner to key retailers,” says Andrew

BELLE Capital is to invest up to USD500,000 in Current Motor Company’s USD1.5 million Series A Preferred financing, scheduled to close in two investment tranches. Other investors joining in the firm’s first investment round included the State of Michigan Pre-Seed Fund, Lauren Flanagan, Executive Chair of the Current Motor Board of Directors, and Bob Lutz who Chairs the Current Motor Advisory Board.   Current Motor develops and manufactures all-electric motorcycles in Ann Arbor, Mich. Current Motor’s e-motorcycles use no gas, produce no emissions and are virtually maintenance free. “We’re pleased to bring our human and financial capital to a promising

Aurora Capital Group, a Los Angeles-based private equity firm with over USD2.0 billion of assets under management, today announced that an affiliate has successfully completed the acquisition of TruGreen LandCare from The ServiceMaster Company. TruGreen LandCare is a leading US provider of landscape maintenance services to commercial, industrial and municipal customers.  It will continue to offer a comprehensive suite of landscaping services through a network of 60 branches in 17 states.  The sale of TruGreen LandCare’s business does not impact ServiceMaster’s TruGreen lawn care unit, which provides residential and commercial lawn, tree and shrub care to 2.5 million residential and