1. PAI Partners closes new $7.6 billion fund, surpassing target

    By: Anousha Sakoui By Anousha Sakoui LONDON (Reuters) - French buyout group PAI Partners said it had raised 7.1 billion euros ($7.59 billion) for its latest fund, surpassing its target despite difficulties in drawing new money by private equity groups. The fund will be invested in
  2. Private equity firm PAI Partners to buy pet food maker Alphia

    By: Abigail Summerville NEW YORK (Reuters) - Private equity firm PAI Partners said on Thursday it agreed to buy Alphia Inc from its owner J.H. Whitney Capital Partners, in a deal that people familiar with the matter said values the pet food manufacturer at about $1 billion, includ