Market At A Glance

Recently closed transactions include the $3.2 billion take-private of OSI Restaurant Partners Inc. by Bain Capital and Catterton Partners, as well as a pair separate of $1.8 billion deals by Hellman & Friedman, which bought Kronos Inc., and Apax Partners and Morgan Stanley, which bought insurance brokerage Hub International Ltd.

Buyouts’ 2007 year-to-date fundraising figure increased to $103.42 billion, fueled by a spate of mid-market fund closes. Recent closes include Lehman Brothers’s $3.3 billion fourth Merchant Banking Partners fund, Alinda Capital Partners’s $3 billion debut infrastructure fund and Avista Capital Partners‘s $2 billion inaugural fund. Elsewhere, Harvest Partners closed on $815 million for its fifth fund, Industrial Opportunities Partners closed its debut fund with $185 million in commitments, and Parthenon Capital of Boston has closed its third fund with approximately $700 million in capital commitments.