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Month: December 2021

Is Private Equity Overrated?

The strategy’s returns increasingly may not provide the stellar performance that investors have been sold.

Apax exits Unilabs to AP Moller Group in €5bn deal after 14-year-hold

Private equity major Apax Partners has agreed to sell its controlling stake in  Unilabs after 14 years in its portfolio, with AltAssets sources putting the deal at €5bn. The post Apax exits Unilabs to AP

Booming PE secondaries market could hit $120bn next year, HarbourVest’s Atterbury says

The booming private equity secondaries market could hit more than $120bn next year as investors look to maintain allocations to private markets, HarbourVest managing director David Atterbury has said. AltAssets reported in September that secondaries

Apax sells Unilabs to AP Moller

Apax Partners is to sell Switzerland-based laboratory and imaging diagnostics service Unilabs to investment firm AP Moller Holding in a deal that values the company at more than EUR 5bn.

Foresight sells DA Languages to IK Partners in SBO

IK Partners has agreed to acquire Manchester-based translation platform DA Languages from Foresight Group.

Advent, GIC withdraw $8bn bid for Swedish drugmaker Orphan Biovitrum

Agnafit Bidco, set up by private equity major Advent International and Aurora, the investment vehicle of Singapore's GIC, has withdrawn an $8bn bid for Swedish drugmaker Orphan Biovitrum (SOBI). The post Advent, GIC withdraw $8bn

Lightspeed China Partners beats fundraising target with $960m across new pair of vehicles

Lightspeed China Partners has raised $960m across its latest pair of investment funds, with the firm highlighting green tech as an exciting new area of opportunity. The post Lightspeed China Partners beats fundraising target with

Cloud security business Panther Labs hits $1.4bn valuation through big VC-backed Series B

Cloud-scale security analytics business Panther Labs has hit a $1.4bn valuation thanks to a hefty Series B investment round. The post Cloud security business Panther Labs hits $1.4bn valuation through big VC-backed Series B first

Second deal of the week for IK Partners as firm buys DA Languages from Foresight

Pan-European private equity firm IK Partners has scored its second deal of the week by picking up DA Languages from Foresight Group. The firm said DAL is one of the fastest growing language services providers in the

Tikehau fully exits Eurazeo

Tikehau Capital has completed the sale of its entire stake in Eurazeo, marking the end of a long-standing link between the two rival asset managers.

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