Swetha Gopinath

Payouts from private equity firms are running at about a third below the norm, raising the question of whether cyclical problems exiting investments are becoming structural for larger players, according to investment office Partners Capital.

Pollen Street Group Ltd. has begun preparing an initial public offering for UK insurer Markerstudy, according to people familiar with the matter.

NextEra Energy Inc. is in advanced talks to acquire closely held Symmetry Energy Solutions for about $800 million, according to people familiar with the matter.

Bank of America Corp. has picked new leaders for its UK investment banking as the Wall Street bank looks to deepen its footprint in the region.

Bain Capital has picked banks for an initial public offering of Eleda, a Swedish infrastructure projects and services provider, according to people familiar with the matter.

Private equity firm Montagu has raised a €2 billion ($2.3 billion) continuation fund for Wireless Logic, a provider of smart connectivity services, to help it hold onto the asset even longer.

Doncasters Group, an almost 250-year-old UK metal engineering group that supplies Boeing, is exploring an initial public offering in New York to tap rising investor demand for civil and military aerospace suppliers, according to people familiar with the matter.

Private equity firm GHO Capital Partners LLP raised more than €2.5 billion ($2.9 billion) for its latest fund, giving it fresh capital to invest in more manufacturing and medical technology companies.

Blackstone Inc. has hired Michele Raba as head of European corporate private equity as the alternative asset manager pledges to step up its investment in the region.

Private equity firm Nordic Capital agreed to acquire historical capital markets data provider BMLL with plans to further expand the business globally.