Abraaj Capital is in negotiations with United Arab Emirates investment firm Al Qudra Holdings regarding the sale of a major stake in the Dubai-based private equity firm.
Credit Suisse has held a $2.1 billion close on its latest fund DLJ Merchant Banking Partners IV.
HarbourVest, Lexington Partners and Partners Group have invested in the Nasdaq-listed buyout firm’s new fund.
Fifteen new investors have committed to DBFII, closing above its original target of £200m.
The fund represents the new real estate platform from Goldman alums Daniel Neidich, Steve Mnuchin and Chip Seelig.
The Los Angeles-based firm has closed one of the largest mezzanine funds ever, according to a report.
The Swiss alternative assets manager rounds off a spate of activity with the close of its latest European fund of buyout funds on €368m taking the total firepower of its 2006 fundraising to €1.6bn.
Guggenheim Partners has hired alumni of HIG Capital and Legg Mason for the private fund group of its capital markets division.
The Paris-listed private equity manager invested €1.165 billion in buyouts in the year to 30 June 2006, including its acquisition of Europcar from Volkswagen.
After making two initial investments from the fund, the Roy Disney-led Burbank, California firm has closed it oversubscribed.