Monomoy Capital Partners, a New York private equity fund, has acquired Casual Living USA from its family owners. Terms of the transaction were not disclosed. Monomoy will consolidate business operations of Casual Living into its Boston Apparel Group platform, a catalogue and internet retailer of women’s value-priced apparel and accessories under the Chadwicks and metrostyle brands. Boston Apparel operates a warehouse and distribution centre in Taunton, Massachusetts and is headquartered in West Bridgewater, Massachusetts. Currently based in Tampa, Florida, Casual Living markets “casuals with a twist” to women between the ages of 45 and 60 with an average household income

Actis, an emerging markets private equity firm, has invested USD50m to acquire a substantial minority stake in Integreon, a provider of legal support, research and business services to law firms, financial institutions and corporations. As part of this investment, JM Trivedi, Actis’s head of South Asia, and Gautham Radhakrishnan, a director at Actis, will join Integreon’s board of directors. Actis has invested alongside Ayala, the oldest conglomerate in the Philippines, which initially invested in Integreon in 2006 through LiveIt Investments, its business process outsourcing holding company. Ayala will continue to hold a majority stake in Integreon. With Actis’s investment, Integreon

SEI has been selected by Fred Alger Management to provide operations outsourcing services for the firm’s separately managed account business. The deal is the latest in a series of recent high profile client wins for SEI in the separately managed account industry. Under the agreement, SEI will provide Alger with a fully outsourced, customized solution centered on delivering automated business processes, account administration, reconciliation, and reporting. "We know what it takes to run an efficient operating environment and SEI was the only provider we trusted to do so for us. SEI has continually proven itself as the leader in the

2tor, a provider of online education services to universities, has closed USD22m in series B financing led by new investor Highland Capital Partners along with existing partners Redpoint Ventures, Novak Biddle Venture Partners and City Light Capital. The company will use the funding to increase resources dedicated to developing new online programmes with additional university partners. In conjunction with the financing, Paul Maeder of Highland will join 2tor’s board of directors. “2tor is already proving that online education can be excellent and we have only just scratched the surface. We are delighted to welcome Highland to our team, who along

Redpoint Ventures has closed Redpoint IV, a USD400m early stage venture capital fund. Redpoint IV will be used to back entrepreneurs and companies that will help in the social and mobile internet, cloud computing and clean technology spaces. In the past six months, Redpoint entrepreneurs have realised liquidity totalling nearly USD2bn in aggregate market value, including the IPO of Fortinet and the acquisitions of LifeSize, WiChorus, Networks in Motion and Kazeon. Additionally, portfolio companies Calix and Solyndra have filed for their IPO. "This latest Redpoint fund will help entrepreneurs fulfil their dreams in a world of promising opportunity, and signals

Augentius Fund Administration, a provider of fund administration services to the private equity and property fund sectors, has received final regulatory approval to administer Mauritian domiciled funds. “We have had increasing demand to provide services to funds domiciled in Mauritius, with two fund managers already appointing Augentius Mauritius” says J.P. Harrop (pictured), managing partner. “Both Indian and African dunds, amongst others, are keen to use Mauritius as a domicile. With good investment opportunities developing in these growing markets it is important that we expand our business in line with the market’s requirements.” Augentius is expanding in the Americas and recently

SkillSoft, a Dublin-based e-learning software provider, has agreed to be acquired by a group of private equity firms for USD1.1bn. Berkshire Partners, Advent International and Bain Capital Partners will pay USD10.80 per share in cash to SkillSoft shareholders, representing a premium of 11 per cent to SkillSoft’s closing share price on Thursday. SkillSoft will continue to be headquartered in Dublin and led by its current management team, including Chuck Moran as chief executive. Moran says the deal is good for shareholders and represents "an attractive premium relative to our trading history".

Chrysalix Energy, a venture capital firm focused on early stage clean energy technologies, says its latest fund has increased to more than USD100m with an investment by the Oregon Investment Fund, an affiliate of Credit Suisse. Chrysalix chief executive Wal van Lierop (pictured) says the Chrysalix Energy Limited Partnership III is on target to reach USD150m by 31 March 2010. "Our goal is to work with strategic partners to build the energy giants of tomorrow," says van Lierop. "By building partnerships with international leaders like Credit Suisse, Chrysalix continues to build momentum for clean energy technology venture capital, bridging the