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Weekly Deals and Funds Roundup: 14 September 200514/09/2005. Source: AltAssets. 
 A selection of the latest deals and funds news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments.
This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
New York-based private equity investment firm Lightyear Capital has agreed to sell Kepler Equities S.A. , a pan-European brokerage business and provider of independent equity research, to Iceland's Landsbanki Íslands hf. , in a transaction valued at €94m. Lightyear Capital makes control investments in the financial services industry and in other select industries in the United States and Europe. The firm currently manages approximately $2bn in capital.
American Capital Strategies has invested $34m in Evans Analytical Group, an independent provider of microanalytical surface analysis and materials characterisation services. American Capital's investment takes the form of a senior term loan, senior subordinated debt and redeemable preferred equity. American Capital is also providing a revolving credit facility. American Capital is a publicly traded buy-out and mezzanine fund with capital resources of approximately $5.4bn.
Jerusalem Venture Partners has led a $7m Series B round in Earnix, joining investor Formula Ventures, which previously led the company's first round. Earnix offers advanced price and revenue optimisation software for the financial services industry. JVP is a venture capital firm focusing on investments in early stage companies in the enterprise software and networking, semiconductors and components, and communications and mobile infrastructure sectors.
21 Centrale Partners has completed the management buy-out of Anglo French Underwriters, the Lloyd's coverholder in France. This transaction backs the existing management who will retain adequate operational autonomy to satisfy AFU insurance activity specific requirements. 21 Centrale Partners is a private equity firm, investing in French mid-market LBO deals. It is part of the European private equity group 21 Investimenti, led by Alessandro Benetton and Gérard Pluvinet, which manages or advises around €1bn of assets.
FUNDS
Venture capital firm The Aurora Funds has announced the first closing of its fifth venture fund, Aurora Ventures V on approximately $50m. Aurora V will invest in early stage life sciences and information technology companies, primarily in the South-Eastern United States. This will continue the investment strategy of the firm's four previous venture funds. The Aurora Funds has more than $200m of total capital under management. The firm has the capacity to invest between $4-7m throughout the life cycle of an investment.
Natural Gas Partners has announced the initial closing of NGP Energy Technology Partners with commitments of $94.1m. The private equity fund will provide growth capital and buy-out funding for companies that develop energy technologies or that provide technology-driven products and services to the energy industry. The fund is uniquely designed to invest in companies serving the entire energy industry, including the oil and gas, electric power, and alternative energy sectors.
Copyright © 2005 AltAssets
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