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Month: September 2021

Partners monetise EQT's meteoric rise via jumbo ABB

The Skr25.1bn ($2.94bn) block trade is one of the largest in EMEA this year

Revaia closes debut fund on EUR 250m

European growth investor Revaia (formerly Gaia Capital Partners) has announced the final close of its debut fund on EUR 250m, surpassing its EUR 200m target.

Morrisons calls for auction to decide $10bn bid battle

Following the auction, Morrison shareholders will vote on either a CD&R or Fortress bid, depending on which one the supermarket board recommends

HIG closes Europe Middle Market fund on EUR 2bn

HIG Capital has held a final close for its HIG Europe Middle Market LBO Fund on EUR 2bn following a fully virtual fundraising process.

Apollo to buy 50% stake in MaxCap to make commercial real estate debt debut in Australasia

Apollo has agreed to acquire up to 50% of Australasian commercial real estate financier and fund manager MaxCap Group. The firm said the deal would help it extend its reach in the sector into Australasia,

ICU Medical outbids TA Associates with $2.7bn deal for Smiths’ medical unit

In a competitive market for scarce assets there is growing competition between private equity groups and corporate acquirers

Crayhill Capital strikes $820m hard cap close for second credit-focused fundraise

Private credit investment specialist Crayhill Capital Management has hit an $820m hard cap final close for its second fund. The post Crayhill Capital strikes $820m hard cap close for second credit-focused fundraise first appeared on AltAssets

Thoma Bravo takes stake in cyber threat intelligence business Intel 471

Software-focused private equity major Thoma Bravo has agreed a growth investment in cyber threat intelligence provider Intel 471. The post Thoma Bravo takes stake in cyber threat intelligence business Intel 471 first appeared on AltAssets

Actis hires former-AXA exec Daulon du Laurens to lead EMEA fundraising, investor relations

Global emerging markets investor Actis has named Charles Daulon du Laurens as head of EMEA within its investor development group to lead fundraising and investor relations activities across Europe, the Middle East and Africa. The

Revaia closes Europe’s biggest female-founded VC fund on €250m

Revaia, formerly known as Gaia Capital Partners, has held a final close for its first growth fund on €250m, exceeding its initial target of €200m. The fund is Europe’s largest female-founded VC fund to date.

Cheyne Capital raises another €1bn credit fund to invest in struggling European companies

UK alternatives investor Cheyne Capital has struck its €1bn maximum for its second fund targeting corporate credit, special situations and debt restructurings. The post Cheyne Capital raises another €1bn credit fund to invest in struggling

EQT investors close share sale at SEK 370 apiece

A group of EQT's partners have completed the sale of an approximate 6% combined stake in the Swedish buyout group through an accelerated book-building process, at SEK 370 (EUR 36.37) per share.

Edmond de Rothschild's Eres IV eyes second close in H1 2022

The fourth vintage of Edmond de Rothschild's buyout mid-cap fund Eres is expected to hold a second close in the first half of next year,  according to Elyan managing partner Jean-François Felix.

Cinven said to near imminent True Potential buyout, could value company at up to £2.5bn

Private equity major Cinven is reportedly close to a buyout of wealth management platform True Potential which could value the business at up to £2.5bn. The post Cinven said to near imminent True Potential buyout,

Vestar Capital Partners names Ian Singleton as new VP

Vestar Capital Partners has promoted Ian Singleton to vice president. The post Vestar Capital Partners names Ian Singleton as new VP first appeared on AltAssets Private Equity News.

Blackstone taps longer-hold private equity vehicle for investment in $5bn-valued Chamberlain Group

Global buyout giant Blackstone has tapped its longer-term private equity investment funds to buy into smart building control and access provider The Chamberlain Group at a roughly $5bn valuation. The post Blackstone taps longer-hold private

Falfurrias Capital seals oversubscribed $850m Fund V close in rapid return to fundraising

Falfurrias Capital has scored an impressive $850m final close for its latest flagship private equity fundraise, just two years after closing its predecessor vehicle. The post Falfurrias Capital seals oversubscribed $850m Fund V close in

RainFocus Closes Series C Funding Round Led by KKR

Lehi, UT, Sept. 07, 2021 (GLOBE NEWSWIRE) -- RainFocus, the next-generation enterprise event marketing platform, today announced that it has closed its Series C funding round led by KKR, a leading global investment firm.

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