James Taylor

The alternative investments arm of Deutsche Bank Asset Management has closed a $775 million secondaries fund, which will also be used for co-investment.

Warburg Pincus, one of the most experienced Asian private equity investors, has strengthened its regional team with the hire of ex-McKinsey director Leo Puri.

German media giant Bertelsmann has launched a new €1 billion buyout fund in conjunction with Citigroup and Morgan Stanley, to target “significant scale” deals. The first of these may already be in the pipeline.

3i has beaten heavyweight opposition to land its first deal in central and eastern Europe, and is aiming high after launching a new team dedicated to the region.

US buyout firm TA Associates has won the battle to back the £740 million ($1.3 billion) management buyout of Jupiter Asset Management from its German parent Commerzbank.

Aksìa Capital, an Italian mid-market private equity firm, has attracted some illustrious new investors to its third buyout fund, which closed at €150 million.

HgCapital’s renewable energy team, which recently closed a dedicated fund, has made its first investment outside the wind energy sector, backing a German biogas project called Aufwind.

Three of the world’s biggest buyout firms may ignore convention and submit a competing offer for TXU, a US utility that accepted a $45 billion offer from KKR and TPG last month.

The Carlyle Group and Riverstone Holdings have teamed up to back The Ensus Group, which is planning to build the UK’s first bioethanol plant.

As expected, UK-listed buyout group 3i has sold UK car park operator NCP to Macquarie for £790m, realising a substantial profit just a year and a half after buying the company.