Benjamin Chambers

Chinese insurance company Ping An Insurance Group has closed Ping An Global Equity Selection Fund II and Ping An GP Opportunities Fund with a total capital commitment of $750m.

Global buyout giants Hellman & Friedman and EQT have teamed up to launch an improved cash offer for German online pet supplies retailer Zooplus at a value of €3.7bn.

Cube IM has tapped its €555m Connecting Europe Broadband Fund to invest in a wholesale fibre-to-the-home project operated by ASTEO Red Neutra in Spain.

UK-based investment firm Maven Equity exited SME technology consultancy Intec Business Solutions at 2x investment multiple.

European buyout house Equistone Partners has bought into UK-headquartered marketing services business adm Group to capture the opportunity in further consolidating the fragmented market.

VC investor White Star Capital has boosted its AUM to $750m thanks to a latest $360m fundraise for its third flagship fund. The firm also announced to open a new office in Singapore, two years after the opening of the Hong Kong office.

Texas-based Next Coast Ventures has named former Ultimate Software COO and general manager Julie Dodd as a venture partner.

Ares Management has bought into laser hair removal and skincare business LaserAway, which is backed by Siedler Equity Partners.

Macquarie Asset Management has agreed to acquire New York-based Central Park Group, an investment advisory firm delivering private client access to institutional private equity, real estate, hedge funds and funds-of-funds.

Providence Equity Partners has made a strategic investment in SaaS-based classroom technology platform Seesaw.