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Deals Rumor Mill: AlpInvest Partners, Blackstone, Logen

By Benjamin Horney (March 18, 2016, 5:11 PM EDT) -- AlpInvest Partners BV, the private equity fund of funds arm of The Carlyle Group LP, is leading a group of investors that have agreed to buy out investors in a 2008 fund run by Lee Equity Partners in a deal worth $1.2 billion, The Wall Street Journal reported on Friday. According to the report, other participants in the deal include the Canada Pension Plan Investment Board, HarbourVest Partners and Pantheon Ventures, among others. As part of the deal, the group has agreed to commit about $300 million to a new Lee Equity investment vehicle that is currently raising funds, the report added....

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