Vitruvian raises €925m debut fund

Vitruvian Partners has closed its first fund above target on €925m.

Xange moves into Germany

Xange Private Equity has opened an office in Munich to gain access to German companies.

Huth defends mega-buyouts as CalPERS ups exposure to smaller deals

Kohlberg Kravis Roberts chief executive Johannes Huth defended the mega-buyout model at Super Return in Munich this morning, after Leon Shahinian, senior investment officer of the California Public Employees Retirement System, revealed the pension fund was upping its exposure to smaller deals.

Vienna Capital Partners denies FHB takeover plans

Vienna Capital Partners has said it does not intend to take over FHB Nyrt, despite increasing its stake in the Hungarian mortgage bank to around ten per cent.

Terra Firma and Suez back away from Biffa

UK waste collection business Biffa has revealed that a consortium, understood to comprise Terra Firma Capital Partners and French industrial group Suez, has dropped out of the takeover battle for the company.

Penta acquires Mecom Group

Penta Private Equity has acquired Slovakia’s largest meat processor, Mecom Group.