Angela Sormani

South Korea's third-largest movie theatre chain Megabox is being sold in an auction, sell-side advisor Nomura Holdings, writes Reuters. The deal is estimated by media to be worth about $580.13 million.

ACG Capital has reached a first close on Acto Mezzanine II fund. Several existing investors, such as Bpifrance, AG2R La Mondiale and OFI AM, renewed their support to the fund. New investors included the European Investment Fund.

International property investment company Cordea Savills has announced a first close of Prime London Residential Development Fund II. Like the first Fund, PLRDF II allows investors to share in development profits by investing alongside proven developers in off-market transactions.

Kirkland & Ellis has appointed Neil McDonald as a partner in the Hong Kong office. McDonald will join Kirkland’s restructuring practice group.

Stripes Group has closed its third institutional fund vehicle, SG Growth Partners III. The fund attracted $500 million of commitments from institutional investors reaching both its target and hard-cap.

Chrysalix EVC has appointed former McKinsey director and consulting professor at Stanford University Stefan Heck to join the firm’s industry advisory board. Chrysalix EVC is a clean energy venture capital firm.

Piton Capital and Beringea have invested $10 million into Watchfinder. Founded in 2002, Watchfinder is a pre-owned watch resale marketplace selling luxury brands such as Rolex, Cartier, Tag Heuer, Breitling, Omega and Patek Philippe as well as rare and vintage mo

Russell Kellner recently joined the BCG Boston office as a partner from Alvarez & Marsal where he was a managing director and led their commercial due diligence practice. Prior to A&M, Kellner spent 8 years at Bain & Company, most recently as a principal and member of their private equity and financial services practices.

Kenneth Johansson has been appointed associate director at Nordic Mezzanine’s Helsinki office. He will be responsible for Nordic Mezzanine’s marketing activities and transactions in the Nordic countries, Sweden, Denmark, Norway and Finland.