Jenny Bollen

Mid Europa Partners has made two exits with a total value of €620m, including the exit of an Estonian railway that was bolstered by rebuilt US locomotives.

ABN AMRO Capital has spun out its life sciences venture arm, which operates a €200m life sciences fund, focused on the US and Europe.

The Carlyle Group has promoted eight professionals to managing director in its US offices in a bout of global appointments.

STAR Capital Partners has sold its 22 asset-strong Secondary Market Infrastructure Fund to a property outsourcing group for £927 million in its first exit since November.

Industri Kapital has made 2.5 times its investment on the sale of Gardena, a gardening tools manufacturer, for €730 million.

Montagu portfolio company BSN has bolted on a stocking manufacturer in its second acquisition this year since completing its own management buyout in February.

Gulf-based GCC Energy Fund has bought into an engingeering company, as it prepares to announce two further investments by January.

Industri Kapital has sold on Consolis in a secondary buyout, making three times its money after a buy-and-build in 2005.

Actis has hired a former leader at the World Bank Group to head up its African operations.

Eurazeo has cancelled plans for an initial public offering of truck rental business Fraikin and is selling the company to CVC Capital while reinvesting $60 million in the new entity.