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Miami-based private equity firm H.I.G. Capital will pay $75.2 million in cash to buy Matrixx Initiatives, a producer of over-the-counter healthcare products. H.I.G. will pay $8 per share, which represents a 56.3% premium over the company’s closing price yesterday. Matrixx is based in Scottsdale, Ariz.

A day after announcing his departure from The Carlyle Group, Peter Nachtwey has joined firm Legg Mason as chief financial officer and member of the firm’s executive committee. For the past three years, Nachtwey served as chief financial officer for The Carlyle Group. He previously spent more than 25 years in various positions at Deloitte and Touche. Baltimore-based Legg Mason has more than $668 billion in assets under management.

RHI Entertainment, which develops, produces and distributes made-for-television movies, miniseries, and other television programming, has filed for Chapter 11 bankruptcy protection. RHI was taken private by firm Kelso & Co. in January 2006, and went public again in 2008. The company plans to emerge from Chapter 11 during the first quarter of 2011.

Munksjo, a company owned by Swedish private equity firm EQT's Fund No. III, said that it will pay 95 million euro ($127.5 million) for the specialty paper buisiness of ArjoWiggins, Reuters reported. ArjoWiggins is owned by the French group Sequanna.

Assisted living company HCR ManorCare, which is owned by the Carlyle Group, is selling the majority of its real estate holdings to HCP Inc., a real estate investment trust, in a $6.1 billion sale and leaseback deal, Reuters reported. Under the terms of the deal, HCP will pay $3.53 billion in cash, $1.72 billion reinvested from the payoff of HCP's existing debt investments in HCR ManorCare, and $852 million in HCP common stock issued directly to HCR shareholders, Reuters reported. In total, HCP will buy 338 nursing and assisted living facilities across 30 states. HCR ManorCare will continue to run the facilities.

The Blackstone Group has named Michael Chae head of private equity in Asia. Chae, a senior managing director in Blackstone’s private equity group, will be based in Hong Kong and will manage limited partner relationships in the region. Chae joined Blackstone in 1997, and has led Blackstone’s investments in The Weather Channel Companies and Hilton Hotels.

South Korea's Hana Financial Group will raise around 1.2 trillion won ($1.05 billion) in a rights issue designed to fund its $4.1 billion acquisition of Korea Exchange Bank, Reuters reported, citing a story in the Korea Economic Daily. Hana agreed in November to buy a 51% stake in Korea Exchange Bank from U.S. private equity fund Lone Star.

Switzerland-based Partners Group has promoted eight members of its investment team to the post of managing director. Andreas Baumann and Kelvin Chan work in the firm’s Singapore private equity offices. Juri Jenkner is based in London. Peter Nietzer is based in Munich. And Erik Gunnervall, Andreas Knecht, Robert Lustenberger and Philipp Schnyder work in the firm’s Zug headquarters. Entrepreneur Jürgen Diegruber and GermanCapital co-founder Armin Weiland join the firm as partners in the newly created Munich offices.

New York-based private equity firm Palladium Equity Partners has promoted three members of its investment team. Luis Zaldivar is now managing director. Zaldivar joined Palladium in 2004 and focuses on consumer, food and restaurant investments. Erik Scott has also been promoted to managing director. He joined the firm in 2005 and focuses on business and industrial services investments. Rafael Ortiz has been promoted to Principal. Ortiz joined Palladium in 2006 and focuses on healthcare and industrial services.

Mobile technology company TeleCommunication Systems will pay an undisclosed amount for private equity-backed Trident Space & Defense. Torrance, Calif.-based Trident develops engineering and electronics technology for space and defense markets. The company is owned by private equity firm Admiralty Partners. No financial terms of the acquisition were released. Publicly traded TeleCommunication Systems is based in Annapolis, Maryland.