Funds Closed

Francisco Partners has exited life cycle management software and services company Lumata.

Synova Capital has completed the MBO in Syslink Group, a company focused on application performance monitoring software from its third flagship fund.

UK-based Exponent has made an investment in phone manufacturer Bullitt Group.

French microbiome company Eligo Bioscience has received $20m in funding after a series A funding round from Khosla Ventures and Seventure Partners.

JMI Equity has exited predictive analytics and marketing automation technology automotiveMastermind for about $392m.

US commerce secretary Wilber Ross has said China needs to "guarantee fair and reciprocal treatment for US firms", as tension between the two countries threatens to escalate after President Trump blocked Canyon Bridge from purchasing Lattice Semiconductor.

Western Digital Corp said it will seek an injunction to block the sale of Toshiba's nand flash memory business, the latest twist in a saga that was thought to be over after a deal was agreed with a Bain-led consortium last week.

US private equity firm JC Flowers & Co is reportedly seeking a buyer for a 20 per cent stake in mid-market Japanese lender Shinsei Bank.

Real estate-focused Starwood Capital has invested $250m into airport hotel company Yotel.

Sentinel Capital has exited North American consumer health brand marketeer WellSpring Consumer Healthcare.