Fund Management

Noble Fund Managers has held the first close of its venture debt fund.

Three vehicles run by Swiss alternative asset manager partners Group achieved slight increases in net asset value during August despite problems in the debt markets, attributing the performance to the maturity of its assets.

A leading fund manager said today that the shock waves emanating from the subprime mortgage crisis in the US could stifle investment activity in the European commercial real estate market.

The European mid-market firm Bridgepoint is beginning discussions with investors for its fourth fund, targeting a 45 percent increase on its 2005 fund Bridgepoint Europe III.

SAC Private Capital, the private equity arm of a US hedge fund group, has acquired a control stake in Cosmos Bank at a discount, saving it from government receivership.

US buyout firm TPG is considering a bid for cable broadband company Virgin Media. It is also lining up its first Russian deal.

Nicholas Lockley, editor of PrivateEquityOnline.com, looks behind the headlines of the last four weeks on the web.

Dedicated secondary buyers are flat out, with billion dollar portfolio disposals being arranged by leading LPs such as CalPERS. At the same time, buyers are beginning to seriously contemplate what an end to the private equity boom might mean for them. Philip Borel reports.

Emerging Capital Partners managed to make a 3.4 times return from its stake in a rubber company with operations in the Ivory Coast, despite the country being wracked by civil war.

A new Softbank affiliate is making its mark across Asia.