Chequers Capital, a mid-market buyout firm based in Paris, has raised €600m for Chequers Capital XV, double the size of its predecessor.
The fund closing by Europe’s largest property fund manager comes as research shows €95 billion was invested in European property in the first half of 2006.
Newly-quoted Swiss alternatives manager Partners Group has closed its second fund in as many months
Opus Capital, which separated from Lightspeed Venture Partners just last year, has quickly raised its first fund.
AIG Capital Partners has acquired a significant stake in UTI Group, a Romanian security systems provider, in a $19.5m (€15.4m) transaction.
Switzerland-headquartered alternative asset management firm Partners Group has held a final closing for a dedicated Asian fund of funds on a capped total of $375m.
Kuwaiti investment bank Global Investment House has launched its second vehicle aimed at pre-IPO and IPO opportunities in the Middle East, North Africa and Asia.
The UK mid-market investor has garnered twice the capital raised for its second vehicle, which closed in 2002.
The New York City Retirement Systems finds itself again dealing with turnover among its top brass, signalling that something may be amiss at the $95 billion pension.
The California Public Employees’ Retirement System has issued two mandates seeking third-parties that could help the giant pension make its private equity portfolio more manageable.