PE investor Michael Calvey given 5-year suspended sentence for embezzlement
Sentencing caps court case watched closely by global business community for more than two years
Sentencing caps court case watched closely by global business community for more than two years
Fund could collect $2bn to $4bn, depending on how many existing investors roll their stakes into the proposed vehicle
BlackRock Real Assets beat the target to collect €609m for its debut European Real Estate Debt fund from over 20 investors. The post BlackRock Real Assets closes debut European Real Estate Debt Fund on €609m
Opalesque Industry Update - Hedge funds posted a narrow loss in July, the first decline since September 2020, ending the streak of consecutive monthly gains at nine. The HFRI Fund Weighted Composite Index (FWC) fell
Technology and healthcare-focused buyout house Keensight Capital has agreed to exit portfolio company Demetra to AStorg after tripling the revenue of the company. The post Keensight Capital to exit Demetra after five years, boosts revenues
Placement agent Ermitage Partners has hired Jerome Bouix as managing partner to base in its Stockholm office. The post Ermitage Partners brings in Bouix as managing partner first appeared on AltAssets Private Equity News.
HIG Capital has made an equity investment in The Bluebird Group amid retail market consolidation. The post HIG buys into The Bluebird Group to enhance investments in digital insights and analytics first appeared on AltAssets
Hinge Capital, formerly Ventures51, has secured $19.1m for its Ventures51 Classy Fund II raise, nearly four times the size of its predecessor Fund I, according to a filing to the SEC. The post eToro backer
Ermitage Partners, an independent placement agent focused on the Nordic and South Korean markets, has hired Jerome Bouix as a managing partner.
FSN Capital has acquired a majority stake in Adragos Pharma, a Germany-based B2B contract developer and manufacturer (CDMO) for pharmaceuticals.
Private equity major Clayton, Dubilier & Rice has received an extended deadline from the Takeover Panel to consider a counter takeover bid for the supermarket chain Morrisons. The firm will now have until 20 August
A consortium led by private equity house CBC Group is said to be in advanced talks with Bain’s Capital to acquire its majority stake in Korean cosmetic pharmaceutical company Hugel Inc. The post CBC-led group
David Wardrop, a partner at UK-based private equity house Rutland Partners, joins Unquote editor Greg Gille to discuss how the firm is approaching the post-Covid investment landscape.
Further to the agreement between Wm Morrison (Morrisons) and Fortress Investment Group on the terms of an improved GBP 6.7bn takeover offer for the listed supermarket group, Clayton Dubilier & Rice (CD&R) has asked that
Advent’s technology funds make investments in smaller tech deals and co-invest in larger deals alongside other Advent-managed funds
Private equity firms Palladio and NB Renaissance Partners are considering selling their minority stake in Italian transportation service Rina following unsolicited approaches, according to several sources.
French IT group Atos is being viewed by several private equity firms as a potential takeover target, according to three sources familiar with the situation.
GPs are increasingly specialising or using different deal structures in order to attract more capital
To achieve more effective ESG reporting, fund managers will need to take some key steps
