Some of the world’s largest private equity firms including Advent, Bain and Cinven will donate their fees and carry in a philanthropic fund-of-funds managed by Greater Share, to be dispersed among global education NGOs.
Quantum Energy Partners is reportedly eyeing up to $2.25bn for a new fund in which a significant portion of the capital will go towards helping energy companies transition away from fossil fuels. The firm will split
Software investor Insight Partners has closed the largest high-growth tech fundraise ever with over $20bn of commitments for Fund XII, along with a dedicated co-invest fund. The post Insight Partners closes biggest high-growth tech fundraise
The global private equity secondaries market hit a bumper $143bn in the 2021 financial year to seal a stunning recovery from the Covid-19 pandemic, new research shows. The post Secondaries market hits record $143bn in
Small-cap buyout investor WestBridge has exited bChannels, a UK-based provider of marketing services for technology vendors, in a sale to The Channel Company, a US-based IT service provider backed by Eagle Tree.
Battery Ventures is working with Arma Partners to sell portfolio company Forterro, an enterprise resource planning (ERP) software group, three sources familiar with the situation said.
German LR Health & Beauty has postponed a planned listing on the Frankfurt Stock Exchange, three sources familiar with the matter said.
Global buyout giant Apollo plans to deploy $50bn in clean energy and climate capital over the next five years, alongside a reported shift away from fossil fuels in its next flagship fund. The post Apollo
Warburg Pincus' $16bn-targeting flagship fundraise has picked up another LP commitment after the Louisiana State Employees' Retirement System agreed to back the vehicle. The post Warburg picks up LASERS pension commitment towards $16bn-targeting Fund XIV
Evoco is to acquire a portfolio of companies in Austria from shareholders including AWS Mittelstandsfonds; the three- deal includes medical technology company the Agency for Medical Innovations (AMI).
Digital Horizon, a London-headquartered VC firm, is set to hold first close of its USD 200m second fund by the end of Q2 2022, partner Vlad Tropko told Unquote.
Apollo Global has sealed a take-private deal for Tenneco in a deal which values the vehicle parts maker at $7.1bn including debt. The post Apollo to take Tenneco private for $7.1bn including debt, huge premium
Private equity firm Alantra has hired Carlo Dawan from GCA Altium to lead its investment baking division in Italy, alongside four other senior hires.
European private equity secondaries major Glendower Capital has reportedly hit its $3.5bn target for its first fundraise since being bought by CVC Capital Partners last year. The post Glendower said to hit $3.5bn fund target,
Liberty Strategic Capital, founded by former US Secretary of the Treasury Steven Mnuchin, has led a $250m round in cyber defense platform BlueVoyant. The post Ex-Treasury Secretary Mnuchin’s Liberty Strategic Capital boosts BlueVoyant to $1bn-plus
Blackstone has hired Sara Clemens, former COO at media companies Twitch and Pandora, as senior advisor to advise across the firm's businesses, with a focus on Blackstone Growth. The post Blackstone hires online media veteran
French investment group Eurazeo is seeking acquisitions across Europe and the US as it turns its gaze on becoming a global player in the private market investment industry, executive board member Marc Frappier tells Unquote.
Harbourvest Partners has brought in former McKinsey partner Bryce Klempner as managing director focused on new product innovation and strategic growth. The post HarbourVest hires ex-McKinsey partner to lead new product innovation first appeared on AltAssets
SoftBank Vision Fund II has led a USD 230m secondary placement for UK-based meal box company Gousto alongside new investors.
JP Morgan Asset Management is among LPs helping proptech investor Wilshire Lane Capital reach $40m of LP commitments for the first close of its debut fundraise. The post JP Morgan AM among backers of debut
