Darby Overseas Investments, the private equity arm of Franklin Templeton Investments, has closed its Darby Converging Europe Mezzanine Fund to new investors with total capital commitments

French investment company Eurazeo has reached an agreement with PAI Partners to acquire Elis, a pan-European provider of textile and hygiene rental and cleaning services, for an enterprise

Texas-based drilling contractor Pride International has agreed to sell its Latin America land-based drilling and workover business and its E&P Services business to Brazilian private eq

Kensington Capital Partners, an independent Canadian private equity fund investor, has acquired a secondary position in Novacap II, a diversified private equity portfolio originally formed

Zurich-based ViewPoint Capital Partners has announced the first closing of its second fund, Viewpoint Growth II, with total aggregate commitments currently amounting to EUR81m.

Creative Venture Partners has announced an investment in the TNWA Group, a developer of an online multiplayer gaming platform that has made its functionality and platform available through the

DC Capital Partners, a private equity firm headquartered in Washington, DC and focused on investing primarily in the defence and federal sectors, has acquired a controlling interest in the Spe

State Street Corporation has acquired Palmeri Fund Administrators, a specialist fund administrator to the private equity industry over the past 16 years, to strengthen the alternative investme

The Blackstone Group has announced the final closing of its latest global private equity fund, Blackstone Capital Partners V, with total commitments of USD21.7bn.

Ithmaar Bank, a Bahrain-based investment bank active in a broad spectrum of Islamic banking and financial products and services, has appointed veteran banker Michael McKinlay as executive dire