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In brief

The Blackstone Group has raised more than $6 billion for a real estate opportunity fund, Reuters reported. The new vehicle could eventually match its current $11 billion fund, a source familiar with the matter said.

Kreos Capital has raised in excess of €120 million ($160 million) of commitments for its new growth debt fund, Kreos Capital IV. Kreos is targeting a final close of up to €200 million in 2012. Kreos is a growth debt provider based in Europe and Israel.

Livingstone, an independent, international investment banking firm, has launched Livingstone Beijing through a joint venture with local investment bank Baron Group. Livingstone has worked successfully with Baron in China for more than six years.

High profile British businesswoman Nicola Horlick is launching a business aimed at making it easier for wealthy individuals to access private equity investments, Reuters reported. Rockpool Investments, which Horlick is launching with two former 3i Group executives, will try to capitalize on recent regulatory changes in the UK designed to encourage greater investment in small and medium-sized enterprises, Reuters wrote.

Global private equity fund TPG Capital has secured 4 billion yuan ($635 million) in commitments and has held a first close on its two China investment funds launched in August 2010, Reuters reported. The firm said 90 percent of the money raised came from private investors rather than government-linked entities.

Saban Capital Group has opened an office in Hong Kong led by Sumeet Jaisinghani. He has relocated from Los Angeles and will work to expand the firm’s investment activities in Asia.

Strategic Value Partners, a global investment firm with offices in Greenwich, Conn., London, Frankfurt and Tokyo, has reached a final close of Strategic Value Special Situations Fund II at $918 million. The fund had an original target of $600 million. SVP focuses on distressed, event driven and turnaround investments.

Thompson Street Capital Partners announced that it had closed its third fund at $350 million. Investors for TSCP III mainly came from their second fund. St. Louis-based Thompson Street invests in service, manufacturing and distribution businesses.