Arlington Capital Partners has secured $217 million for its third fund, according to a regulatory filing. This is just $13 million more than the firm reported in a August 2009 filing. The listed maximum offering amount remains at $750 million, with Credit Suisse serving as placement agent.
Ashmore PLC (LSE: ASHM) and PTC India (BO: PTCI) have partnered to raise $750 million for an Indian energy infrastructure fund.
BC Partners is aiming to raise nearly €6 billion for its next buyout fund.
Close Brothers Corporate Finance, a mid-market advisory firm, is cutting ties to former parent Close Brothers Group PLC and renaming itself DC Advisory Partners. The firm was sold last year by Close Brothers to a unit now wholly-owned by Japan’s Daiwa Securities.
CNOOK Ltd., a Chinese offshore oil and gas company, and General Electric are in talks to set up a 3 billion yuan ($439 million) private equity fund.
Darby Private Equity and IL&FS Investment Managers are among six bidders for the private equity arm of India’s Axis Bank, according to the Economic Times.
Earth Capital Partners, a U.K.-based private equity firm, is raising upwards of $300 million for a new fund that will invest in sustainable timber plantations in Brazil and other Latin American countries.
Global Infrastructure Partners plans to begin raising between $5 billion and $6 billion for its second fund, according to the FT. The firm closed its $5.64 billion debut fund in 2008.
Headwaters MB has raised $75 million for its second fund, which will invest between $10 million and $20 million into mid-market companies in “capital constrained” situations.
Jupiter Asset Management reportedly is planning a London floatation that would value the company at up to £1 billion. TA Associates sponsored a management buyout of the U.K. asset manager in 2007.
KKR reported $674.8 million in Q1 economic net income, compared to a pro-forma $2.5 million in the year ago period.
KKR Financial (NYSE: KFN) has canceled a planned sale of 25 million shares, citing unfavorable market conditions.” The offering was designed to finance future acquisitions.
Lloyds Banking Group (LSE: LLOY) is planning to sell some of its portfolio of European leveraged loans.
Morgan Stanley Investment Management has closed a global secondaries fund with $585 million in capital commitments.
Partners Group has closed its latest fund with €537 million in capital commitments. The Switzerland-based firm had been targeting €500 million.
SAIF Partners is expected to close its next fund with more than $1 billion next month, according to Reuters, publisher of Buyouts.