AlpInvest Partners has received a EUR2bn mezzanine mandate from its shareholders, the pension funds ABP and PGGM, representing one of the largest mezzanine mandates ever awarded.

Kuwait-based Global Investment House is planning a further capital distribution to its Global Opportunistic Fund II investors for the third time in seven months, following profitable exits

Mercury Partners, a real estate alternative investment management company with more than USD2.2bn of assets under management, including around USD900m of Asian real property assets, has an

Morley Fund Management has announced plans to launch a new private equity fund of funds business, the Morley Private Equity Programme.

Vulture funds set up by the likes of Citigroup, Goldman Sachs, TPG and Kohlberg Kravis Roberts to hunt down fire sales in the LBO debt market have yet to find any great deals.

Trieste Bidco Denizcilik ve Tasimacilik, a newly-formed company wholly owned by investment funds advised by Kohlberg Kravis, has definitively agreed to acquire 97.6 per cent of the shares

Industri Kapital, a mid-market private equity firm focused on investing in the Nordic region and in continental Europe, has closed its sixth fund, the Industri Kapital 2007 Fund, with tota

Private equity firm KSL Capital Partners is creating a European investment platform based in London, to be known as KSL Capital Partners International, and has hired Adrian Constant from O

3i has made a further investment in AES Engineering, the holding company of the AESseal Group, bringing to 40 per cent its equity stake in a business in which it first invested in 1996 and

The New Orleans Exchange has announced it has secured USD4.2m in Series A funding from Prism VentureWorks to roll out its initial electronic trading platform, the Receivables Exchange, the