3i’s listed infrastructure fund, which will float in March, hopes to raise up to £1.3 billion to invest in infrastructure assets in Europe, the US and India.
The manager of private equity at the New York State Teachers’ Retirement System will become a vice president in AIG’s fund of funds business.
The well established Kirkland, Washington-based early-stage venture capital firm has closed its largest fund to date.
Sun European Partners, the European arm of Sun Capital Partners, has bought metal manufacturer Manoir Industries for an undisclosed amount.
The firm will combine the two companies—Backyard Adventures and Leisure Time Products—into one: Backyard Leisure.
London-based Europa Capital has held a first close of €100m on its new fund targeting property in Eastern and Southeastern Europe, which is being headed up by former EBRD pro Tim Norman.
The company’s private equity arm will aim $100m at to back venture funds targeting emerging markets and sectors beyond Nokia’s core business.
Atlanta-based Noble Investment Groups had closed its third hospitality-focused private equity fund on $310m.
Orlando Italy, an offshoot of the German turnaround specialist set to close a debut €200 million fund, has bought troubled Italian sports label Sergio Tacchini.
Orchid Asia, a China-focused growth capital provider, has made three times its money in paper gains from the listing of a portfolio company in Hong Kong on 1 February.