Regulation

The financial services company is reportedly considering the sale or closure of its $3bn private equity arm, MMC Capital.

The New York biopharmaceutical specialist closes its first ever fund alongside a friends-and-family vehicle.

The Munich-based venture capital firm has announced a first closing of its latest fund on €85m. It is aiming to close on at least €120m next year.

Vendor 3i made four times its original investment on the sale of a 50 percent stake in Kaye Office Supplier to Legal & General Ventures.

The New York defense and aerospace investor has agreed to acquire the aviation maintenance and security training provider from Computer Sciences Corp.

Bain Capital has agreed to sell laundry products maker Alliance to Teachers’ Private Capital in a $450m secondary buyout.

Hugh Richards of Exponent Private Equity offers a personal perspective on spinning out of an institutional private equity manager.

AXA Investment Managers Private Equity has announced the final closing of its latest mid-market secondaries fund on $1bn: well ahead of an original target fund size of $800m.

The New York middle-market firm has announced the sale of Floral Plant Growers to Blue Point Capital.

A group of executives from CSFB’s private equity arm have set up Diamond Castle Holdings and are seeking to raise between $1bn and $1.5 bn.