3i Group has raised €5 billion for its fifth buyout fund, which will focus mostly on mid-market opportunities in Europe.
AlixPartners, a global turnaround consultancy based in Southfield, Mich., plans to open an office in India next year.
Apax Partners has launched operations in India.
Hellman & Friedman has secured $2.7 billion in commitments for its sixth fund, which is being marketed with an $8 billion target capitalization.
Krokus Private Equity of Warsaw has held a €52 million first close on a new fund that will target expansion capital and buyout opportunities in the Polish middle market. The fund has a target of €75 million, with committed limited partners including Natexis Private Equity, the European Bank for Reconstruction and Development and InvestKredit.
New Resource Bank has launched as a San Francisco-based commercial bank that will serve entrepreneurs and “sustainable businesses.” It is backed by $24.7 million in equity capital from backers like Triodos Bank, Mitch Kapor (Lotus Development), Lee McIntire (CH2M Hill Cos.), Lisa Gansky (Ofoto), Ray Anderson (Interface Inc.) and Paul Dolan (Mendocino Wine Co.).
Orlando Management of Germany has closed its second special situations fund with €255 million. It will focus on the acquisition of troubled industrial companies in Germany and German-speaking countries. MVision served as exclusive placement agent.
RBC Capital Markets has agreed to acquire Daniels & Associates, an M&A advisor to the cable, telecom and broadcast industries. No financial terms were disclosed.
Red Zone Capital Partners, a McLean, Va.-based investment group headed by Washington Redskins owner Daniel Snyder, is raising $750 million for its second fund. According to a regulatory filing dated Nov. 7, it already had $126 million in commitments.