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Saudi investors with ties to the royal family will pay 250 million euros ($353.6 million) to buy the Hotel de Crillon from U.S. investment group Starwood Capital, Reuters reported, citing an article from the French daily Le Figaro. The unnamed buyers may also need to spend another 100 euros ($140 million) to restore the famed Paris hotel, which is located near the Champs Elysees.

A consortium of Canadian pension funds, including the Ontario Teachers' Pension Plan and Ontario Municipal Employees Retirement System, will pay $2.1 billion pounds ($3.4 billion) to operate Britain's only high-speed railway, Reuters reported. The deal - by which the consortium will operate the line, called High Speed 1, for 30 years - represents Britain’s recent efforts to cut the national debt, Reuters said. The High Speed 1 route links St Pancras station in north London to the Channel Tunnel, and became fully operational in November 2007.

Private equity and hedge fund firm Fortress Investment Group reported higher-than-expected earnings Friday, Reuters reported. Revenue in the third quarter was $162.2 million, above analysts' average estimate of $144.7 million. New York-based Fortress said pretax distributable income rose to $78 million, or 15 cents per share, from $51 million, or 11 cents a share, a year earlier, Reuters reported.

Miami-based private equity firm H.I.G. Capital has invested an undisclosed amount in San Antonio-based Cardell Cabinetry. Terms of the deal were not released. Formed in 1976, Cardell designs and manufactures semi-custom kitchen and bath cabinetry.

Bankrupt resort and real estate developer Sea Island Company will sell its assets to a new company formed by investors Oaktree Capital Management, Avenue Capital Group, Anschutz Corporation and Starwood Capital Group. Financial terms of the sale – which is part of Sea Island’s Chapter 11 bankruptcy plan – were not released.

The Carlyle Group and New York-based Anchorage Capital Group will each put $98 million into Central Pacific Finance as part of a planned $325 million recapitalization, the company announced. Each firm will net a 24.9% stake in the company following the investments, and will each hold a board seat. Central Pacific is based in Hawaii and operates 35 bank branches, as well as a residential mortgage subsidiary, in the state.

Private equity firm Warburg Pincus has acquired International Technidyne for $55 million in cash, and has merged the company with clinical diagnostics company Nexus Dx. International Technidyne, based in New Jersey, provides hemostasis management and point-of-care testing products. Nexus Dx is based in San Diego, Calif.

Private equity firms The Carlyle Group and Kelso & Co. are buying a minority stake in privately held investment bank Sandler O’Neill, Reuters reported. The financing, terms of which were not released, is designed to fund growth. The deal will close at the end of 2010, Reuters said.

Publicly traded Windstream Corp. will pay $310 million for Raleigh, N.C.-based Hosted Solutions, providing an exit for private equity shop ABRY Partners. Boston-based ABRY bought Hosted Solutions in 2008 for roughly $140 million. Hosted Solutions is a Raleigh, N.C.-based provider of data center and managed web services.

Wal-Mart Stores may enter the race for Indonesisan retailer Matahari’s hypermarket business, Reuters reported. Reuters said earlier this week that private equity giant The Carlyle Group and South Korea’s Lotte Shopping had both put in bids for the chain of retail shops. It’s unclear if Wal-Mart put in a formal offer, but Reuters reported that the company has hired Barclays Capital to advise it on the deal, which could reach as high as $1 billion.