Two years after raising $715 billion for Fund III, the buyout firm has rounded up more than twice as much from limited partners.
Macquarie International Infrastructure Fund has acquired an 81 percent interest in a motorway in China’s Guangzhou city for $532 million.
The central Asian country, which gained independence from the USSR in 1990, will add to its newly built capital city a major mixed use project, backed by a Middle East venture.
European mid-market firm Bridgepoint has sold Alliance Medical to Dubai International Capital, as the investment firm continues a flurry of acquisitions.
Fort Washington Capital Partners is targeting $250 million for its sixth fund of funds, which will invest in equal numbers of venture and private equity funds.
Growth stage-focussed Technology Crossover Ventures has closed its seventh fund on $3 billion, causing Oak Investment Partners to lose the record for the largest fund ever raised by a VC firm.
Carlyle’s first infrastructure fund has garnered more than $1 billion in commitments. It will invest in transportation and water projects in the US and Canada.
IDFC Private Equity is investing 350 million Indian rupees to fuel the growth of a local family-run water management company.
Brazos Private Equity Partners has acquired two food manufacturers, the firm’s first moves under the food and beverage investment programme it launched last year in partnership with former Brach’s Confections head Terry O’Brien.
The emerging markets-focused Chicago firm will target platforms likely to benefit from a global real estate boom, but eschew direct property investments.