MMC Capital, the private equity arm of Marsh & McLennan, has rounded up a new mega-fund for investments in the global insurance, employee benefits and financial services industries.
The global fund of funds specialist has announced a final close for its second secondary fund.
Mark McDonald has joined the secondaries specialist as an investment associate in Pomona Capital's London office to help expand its European franchise.
The Los Angeles-based firm has closed its third fund, with about 80 percent of capital commitments coming from new LPs.
San Francisco-based Hellman & Friedman has also announced the opening of a London office led by managing director Patrick Healy.
The Los Angeles headquartered firm has closed the largest first time buyout fund raised in the US in the last two years.
Accent Equity Partners, the Stockholm-based mid-market private equity firm, will close its debut fund at a capped level of €265 million at the end of this month, according to market sources.
Montagu Private Equity, the UK-based European private equity firm, has acquired German manufacturer Stabilus from Demag Holding, which is majority-owned by Kohlberg Kravis Roberts.
The Nordic private equity firm has held a first closing of its latest mid-market buyout mezzanine vehicle on €105m.
The New York and Cleveland-based firm has sold respiratory company DHD Healthcare to Smiths Group for $55 million.