Fundraising

Espirito Santo Capital and Sigefi Private Equity have held a final closing of their crossborder Iberian-French private equity fund.

German private equity firm Deutsche Beteiligungs has begun fundraising for its fifth vehicle.

Palo Alto-based Technology Crossover Ventures corralled $1.4 billion (€1.19 million) for its latest fund. The fundraise represents a 55 percent jump over its predecessor fund, but still does not match the $1.7 billion raised in 1999.

Carlyle/Riverstone, less than two years after closing on $1.1bn in commitments for its second fund, has amassed $2.45bn for its follow up effort.

Brazos Private Equity Partners has carved the ORS Nasco unit out of Ireland’s Unidare plc, acquiring the US wholesale distributor in an $81m deal.

New York-based Diamond Castle Holdings has agreed to acquire the 49 percent stake of wind energy generator Catamount Resources that it doesn’t already own. The firm had bought a 51 percent stake in Catamount last month.

The Italian midmarket firm has raised €50 million towards its €150 million target, and will invest in buyouts in northern Italy.

The London-listed private equity firm has increased its focus on the midstream gas and power industry with the appointment of an industrialist in residence.

The healthcare-focused US middle market private equity firm has surpassed its original target of $250m with a $325m final close.

The private equity arm of Société Générale is looking to raise €150m to invest in Central and Eastern Europe.