BC Partners has ceded control of U.K. estate agency chain Foxtons to its lenders, resolving a year long standstill.

Candover has agreed to stop making investments from its 2008 fund, after it defaulted on its $1 billion capital commitment to the vehicle. The fund made just one investment.

Kohlberg Capital Corp. has been sued by a Michigan investor who said the investment company taken public in 2006 by a firm affiliated with buyout specialist Jerome Kohlberg fraudulently misstated the value of its portfolio. The lawsuit, filed Dec. 28 in Manhattan federal court, seeks class-action status, and names Chief Executive Dayl Pearson and Chief Financial Officer Michael Wirth as other defendants.

The U.S. Treasury is injecting another $3.8 billion into GMAC Financial Services to help cover mortgage losses, in a bailout that makes the government the majority owner of the auto and home finance company. Many analysts see GMAC’s mortgage assets, which make up about a third of the company’s $178.2 billion balance sheet, as the main obstacle to the lender reaching profitability and ultimately being able to pay back the government. Cerberus Capital Management acquired a 51 percent stake in GMAC in 2006.