Fundraising

Sydney-based Pacific Equity Partners has overcome bird flu fears to acquire Heinz’s New Zealand poultry subsidiary Tegel Foods.

The Stockholm-headquartered firm has held a final close on what is believed to be the Nordic region’s first dedicated turnaround fund.

Littlejohn & Co. has inked a deal to buy fuel transport company Kenan Advantage Group.

The Middle East private equity firm has closed its new fund, ABOF II, and looks set to invest nearly 25 percent of it in the next six months.

The LVMH affiliated private-equity group, L Capital, has closed on roughly €325 million for its follow-up investment vehicle.

Former DLJ head Thompson Dean has notched his first deal for Avista Capital Partners, the DLJ spinout launched by Dean and other CSFB veterans earlier this year.

The Geneva-headquartered private equity firm has launched its third fund focusing on the MENA region this year.

Legal & General Ventures has just returned from the fundraising trail for the fifth time in five years: this time with £200m in donations. Andy Thomson reports.

Dunkin’ Donuts could make for an appealing IPO. It’s got a hot brand, consistent growth and everyone loves the coffee. Its new investors insist they’re not discussing such a scenario yet.

The Nordic buyout firm has taken a majority stake in Sweden’s no-frills DIY retail company Byggmax.