Western Europe

TPG Growth has agreed to sell its cancer hospital business Cancer Treatment Services International to Varian Medical Systems for $283m.

The investment firm co-founded by former US vice president Al Gore, Generation Investment Management, has raised $1bn for the close of its third growth equity fund, Generation IM Sustainable Solutions Fund III.

Singapore-based private equity firm Archipelago Capital Partners has reportedly closed its first fund on $75m.

European buyout house AnaCap Financial Partners has bought a majority stake in Danish private health insurance company SundhedsGruppen.

Buyout majors including Blackstone, Brookfield Asset Management and Mirae Asset Management have made takeover bids valued up to $5.8bn for the US luxury hotel portfolio owned by Anbang Insurance.

The Riverside Company has backed digital health platform Naturally Slim, which aims to help people reduce metabolic syndrome, lose weight and lead healthier lives.

Eaton Partners has appointed its long-serving partner and New York office head Steve Eaton as head of Europe, Middle East and Africa.

Nordic venture capital firm Northzone is eyeing up to €450m for its latest fundraise, which would easily be the firm's largest vehicle to date.

Qumra Capital has led a hefty $60m Series C round for data centre and cloud security business Guardicore.

Venture capital-backed payment card issuing platform Marqeta has hit a valuation of almost $2bn through a Series E funding round.