Oliver Smiddy

The Carlyle Group has acquired the company which owns Italian womenswear brand Twin Set Simona Barbieri in a deal understood to be worth between €250m and €300m.

Andrew Bellis, a senior CLO manager at Credit Suisse, has joined 3i Debt Management as a partner in a further sign of the group’s ambitious growth plans.

3i Group has agreed its first deal under new chief executive Simon Borrows, with its debt arm adding €2bn to its portfolio through the acquisition of seven CLO contracts from Invesco.

At least a quarter of companies in Europe whose collective €133bn debt is due to mature within the next two to three years will default, warns Moody’s Investor Services, despite efforts to refinance the sizeable loan book.

AnaCap Financial Partners has met its £350m hard cap for its second credit opportunities fund, which raised almost six times as much capital as its first 2010-vintage debt investment vehicle.

LBO France’s debt arm has raised its second fund, meeting its hard-cap of €200m. The successful close comes after the firm delayed the launch of its latest mid-market buyout fund.

Metric Capital Partners has held a first close for its maiden debt fund after eight months on the road, about a third of the way to its €300m target.

Mark Pay has re-joined CDC Group after eight years away, which included a long stint as a partner at Actis. At CDC he will spearhead the firm’s new direct investment strategy.

At a time when many banks are proving reluctant to lend, Mid Europa Partners has managed to raise a record debt package to fund a dividend recapitalisation of its investment in T-Mobile Czech Republic.

At a time when many banks are proving reluctant to lend, Mid Europa Partners has managed to raise a record debt package to fund a dividend recapitalisation of its investment in T-Mobile Czech Republic.