US investment manager BlackRock is buying Swiss Re’s European private equity arm, marking the second deal for a private equity fund manager in as many days as sellers contend with a new regulatory landscape and tough trading.
Swiss Re’s deal to sell its $7.5 billion private equity and infrastructure fund of funds business follows hot on the heels of HarbourVest Partners’ agreement to buy Amsterdam-listed private equity fund of funds business Conversus Capital. ……………………………………….Full Article: Source

Private equity-backed EverBank Financial Corp said it would buy GE Capital’s Business Property Lending Inc division for $2.51 billion to boost its ability to lend to small and mid-size companies, driving up its shares more than 4 percent.
EverBank, which went public in May and has a market value of about $1.3 billion, has used acquisitions to diversify its operations and increase its assets. The lender agreed to buy MetLife Inc’s warehouse finance business in February. ……………………………………….Full Article: Source