An international private equity group that has been operating primarily in Europe since 1986, and expanded into North America in 2008. It manages over US$ 13 billion of equity capital. It invests in control buyout transactions in a variety of industries and its portfolio companies currently include Intelsat, the largest satellite operator worldwide, Brenntag, a chemical distributor, Amadeus, the largest airline reservation and IT services company in the world, and Migros, the largest food retailer in Turkey.