Iris Dorbian

Altamont Capital Partners said on Monday that it has acquired Richard's Cajun Foods and Blue Ribbon from Atlantic Premium Brands. No financial terms were disclosed. Richard's Cajun Foods is a producer of Cajun food products while Blue Ribbon is a South East Texas bacon and sausage company.

Steinway Musical Instruments said on Monday that it has entered into an agreement to be acquired by an affiliate of Kohlberg & Company for approximately $438 million. Ropes & Gray served as legal counsel to Kohlberg for the transaction. Headquartered in Waltham, Massachusetts, Steinway Musical Instruments is a producer and distributor of high quality musical instruments.

Morgan Stanley Investment Management said on Monday that Morgan Stanley Alternative Investment Partners has raised $770 million for the Morgan Stanley Global Secondary Opportunities Fund LP II. The fund is focused on purchasing interests in private equity funds in the secondary market. Morgan Stanley Alternative Investment Partners is a provider of alternative investment advice for investors.

Famous Brands International said on Monday that Z Capital Partners, the company's largest shareholder, has acquired the remaining minority ownership stake of Famous Brands from The Carlyle Group. As a result of this purchase, Z Capital is now the sole owner of Famous Brands. No financial terms were disclosed. Also, Neal Courtney was named CEO of Famous Brands and joins the company's board of directors. Based in Broomfield, Colorado, Famous Brands is the parent company of TCBY Yogurt and Mrs. Fields Cookies.

Commonfund said on Monday that it has promoted Donald T. Pascal to president of Commonfund Capital. Pascal succeeds Susan J. Carter who will continue as CEO of Commonfund Capital. Commonfund Capital is a subsidiary of Commonfund, an investment manager for institutional investors.

Vestar Capital Partners, a middle-market private equity firm, said on Monday that it has named Norman W. Alpert and Robert L. Rosner as co-presidents, effective immediately. Both Alpert and Rosner are managing directors and founding partners at Vestar. Also, Vestar has closed its sixth private equity fund, Vestar Capital Partners VI, with commitments of $804 million.

Thayer Lodging Group, a hotel investment company, said on Monday that it has acquired Ritz-Carlton San Francisco from Host Hotels and Resorts. The transaction is the first investment of Thayer Lodging Group's new fund, Thayer Fund VI. No financial terms were disclosed for the acquisition although according to Thayer, it plans on investing up to $17 million in the Ritz-Carlton San Francisco for its first two years of ownership.

Confie Seguros, a portfolio company of ABRY Partners, said on Monday that it has acquired CW Baker Insurance Agency and Lewiston Insurance Agency. No financial terms were disclosed. CW Baker Insurance Agency and Lewiston Insurance Agency, both located in upstate New York, are providers of standard and preferred personal insurance.

Preqin, a provider of data on the alternative assets industry, said on Monday that private equity fundraising reached a cumulative $122 billion at the close of the second quarter of 2013. This is this area's highest amount since $171 billion was raised by funds at the close of the fourth quarter of 2008. Also, according to Preqin, the aggregate $122 billion is expected to increase by 10-20% as more information becomes known.

Tech Valley Communications, a portfolio company of Riverside Partners, said on Monday that it has completed its acquisition of TelJet Longhaul. No financial terms were disclosed. Based in Vermont, TelJet Longhaul is a provider of fiber optic-based telecommunications services and solutions.