By PE Sector

The $20.6bn-managing Los Angeles Fire and Police Pension Commissioners (LAFPP) has agreed to invest more than $50m across the latest funds from Palladium Equity Partners and CVC.

Newly rebranded Norwegian buyout house firm EV Private Equityhas backed offshore engineering company Aquaterra Energy.

Investment firm Admiral Capital has raised $123m for its second real estate fund after picking up 75 per cent of the capital from return investors.

Private equity behemoth The Carlyle Group is reportedly set to launch a $15bn US buyout megafund, the largest pool ever focused on buyouts in the region, in addition to a new $5bn Asia-focused fund.

Procuritas Capital has exited its seven-year investment in Swedish dental care major Oral Care to fellow private equity investor Accent Equity.

Private equity firm Great Hill Partners has sold online travel company Momondo to trade buyer Priceline Group for $550m.

European investment firm IK Partners has entered talks to acquire industrial equipment company Breteche from fellow buyout house Equistone.

Global private equity firm The Riverside Company has bought a stake in a ComForCare home care services franchisor which owns 196 locations in 34 states across the US.

Growth capital investor Jolt Capital has closed its new European tech fund on €72m, almost doubling its previous fund total of €45m from 2015.

Lower mid-market US private equity firm Southfield Capital is within touching distance of a final close for its second fund, more than a decade after closing its debut vehicle.