Venture capital firms help payment processor Fivestart to $52.5m Series D investment round

Payment processing platform Fivestars has reportedly raised $52.5m in its Series D round of debt and equity.

Marching Orders for the Next Investment Chief of CalPERS: More Private Equity

The nation’s biggest public pension fund is consistently short of the billions of dollars it needs to pay all retirees their pensions. It seeks higher returns.

Arbor Grabs $1.7 Billion of Dry Powder

Arbor Investments has closed its fifth fund, Arbor Investments V LP (Arbor V), with $1.5 billion of outside capital commitments. The firm has also closed its second captive subordinated debt fund, Arbor Debt Opportunities Fund

HarbourVest’s Performance Leads to Hard Cap Close

HarbourVest Partners has held an oversubscribed and hard cap close of its latest secondaries fund, Dover Street X LP (Dover X), with $8.1 billion of capital commitments. The hard cap close of Dover X follows

Wind Point Partners Acquires Handgards

Wind Point Partners has acquired Handgards, a manufacturer of disposable products used in the foodservice sector. Handgards’ branded and private label products – sold through an independent sales representative network – include more than 200

Venture capital firms help automated investing, banking platform M1 Finance to $45m Series C round

Automated investing, borrowing and banking platform M1 Finance has finalised its Series C investment round on $45m.

Macquarie continues infrastructure debt fund surge with €1.2bn sub-investment grade raise

Global infrastructure investment major Macquarie has hauled in about €1.2bn of new LP capital dedicated to investments in sub-investment grade infrastructure debt.

Arbor Investment lauds long-time food, beverage specialism after LPs commit $1.5bn to hefty new fund

Food and beverage-focused private equity house Arbor Investments has sealed a huge jump in fund size by raising $1.5bn of LP capital for its fifth flagship investment vehicle.

Covid forcing newer private equity firms out of fundraising while veteran operators raise huge amounts

European private equity fundraising activity has come roaring back in the third quarter thanks to a slew of big fund closes - but the coronavirus pandemic is forcing many less-established GPs out of the capital

Second wave of Covid-19 biggest threat to fund managers eyeing LP capital – survey

LPs fears over a second wave of the Covid-19 pandemic is the biggest threat to alternative asset fund managers looking to raise new capital, new research shows.

Continuous online security assessment startup Cyberpion gets $8.25m venture capital-led investment

Security platform Cyberpion has closed a venture capital-led seed round on $8.25m to help it increase its sales and marketing efforts.

AUA Closes Sweet Sale of Indulge

AUA Private Equity Partners has sold Indulge Desserts Holdings to publicly traded Emmi Group. Indulge Desserts was acquired by AUA in June 2016 and is a maker of premium gourmet desserts, offering a full line

Gridiron Invests in Cubii

Gridiron Capital has made an investment in Cubii, a direct-to-consumer fitness equipment company, in partnership with the company’s founders and management team. Cubii manufactures and sells compact seated elliptical exercise equipment and accessories. The Chicago-based

Susquehanna Closes Second October Franchise Deal

Susquehanna Private Capital (SPC) has made an investment in Authority Franchise Systems (AFS), a franchisor of pest control services to residential and commercial customers. AFS does business under the Mosquito Authority and Pest Authority brands

Long Ridge Hits Hard Cap

Long Ridge Equity Partners has held an oversubscribed, hard cap, and final closing of Long Ridge Equity Partners III LP with $445 million of capital commitments. Limited partners in the new fund committed $400 million

FirePower Capital vows to “out-work” Bay Area, Wall Street execs with close of first LP-backed private equity pool

Canada's FirePower Capital has taken aim at Wall Street and Bay Area private equity and venture capital firms amid the close of its first LP-backed pool of PE capital.

How shareholders can help companies implement the UN’s social goals

Investors have a vital responsibility to coordinate the pressure on companies to focus on sustainable investing

One River Asset Management sells stake to Brevan Howard

Opalesque Industry Update - Brevan Howard has acquired a 25% non-controlling equity stake in One River Asset Management, an asset manager dedicated to delivering high-conviction absolute-return strategies and innovative investment solutions that help institutional clients

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