ICE swoops on Thoma Bravo’s Ellie May in $11bn buyout to score powerful return for PE firm

US private equity house Thoma Bravo has scored a powerful return through the quick sale of mortgage finance platform Ellie May to ICE, the owner of the New York Stock Exchange.

Private equity execs bullish on 2020 dealmaking, more portfolio company support – survey

Private equity firms remain bullish on their portfolio investments despite the widespread chaos caused by the coronavirus crisis, new research suggests.

Genstar Capital splashes out on 71-year-old car wash systems provider Sonny’s Enterprises

Genstar Capital has bought into conveyorised car wash systems business Sonny's Enterprises.

Ares Management raised $9.1bn in Q2 2020 amid Covid-19 volatility

Alternative investment manager Ares Management bagged $9.1bn in new fund commitments in the second quarter of the year despite dealing with the coronavirus fallout.

Ares Management netted $4.4bn in first half of 2020 despite Covid-19

Alternative investment manager Ares Management bagged $4.4bn in commitments despite dealing with the coronavirus fallout. The results from the second quarter of 2020 also saw it raise approximately $1.7bn in commitments across 24 transactions. “Despite

Avedon Capital strikes €500m in Fund IV raise, sets sights on hard cap

Dutch private equity house Avedon Capital Partners has picked up at least €500m for its latest buyout fundraise, well above the total raised for its predecessor vehicle.

Aberdeen Standard hires from Cinven for European co-investment team

Chris Robinson joins as a senior investment director

Heal Capital, EBRD in $10.25m series-A for Infermedica

Heal Capital and the European Bank for Reconstruction and Development (EBRD) have led a $10.25m series-A funding round for Infermedica, a Poland-based digital health company specialising in AI-powered solutions for preliminary diagnosis and patient triage.

Aberdeen Standard hires Cinven’s Robinson

Aberdeen Standard Investments has hired Chris Robinson to its European private equity team.

CalPERS reveals surprise resignation of CIO Meng, begins hunt for replacement

Pension giant CalPERS has revealed the surprise resignation of CIO Yu Meng after just 18 months in the role.

Ex-Cinven exec Robinson boosts Aberdeen Standard Investments’ European private equity team

Global investment giant Aberdeen Standard Investments has boosted its private equity capabilities by bringing in former Cinven exec Chris Robinson for its European operation.

Why the massive explosion in Beirut will deepen Lebanon’s financial nightmare

At least 100 people died in the blast, and 4,000 others were injured after thousands of tons of ammonium nitrate stored by the government in a warehouse ignited

WM Partners to tap collagen supplement investment experience with Great Lakes Gelatin buyout

Health and wellness-focused private equity house WM Partners has tapped its sophomore fund for the second time to buy into Great Lakes Gelatin Company.

Blackstone acquires family history company Ancestry in $4.7bn deal

Private equity giant Blackstone has acquired family history and genomics company Ancestry in a deal worth $4.7bn.

Black Bay Energy enters the fundraising market for sophomore vehicle

Black Bay Energy Capital, which targets the North America oilfield industry, is looking to raise its sophomore fund.

Gen Cap Closes Eleventh Fund IV Platform

Gen Cap America has acquired TFM Services, a provider of facilities maintenance services, from Thrash, Inc. The buy of TFM is the eleventh platform for Gen Cap’s fourth fund. TFM provides janitorial and floor maintenance

German Banks Push Back as American Investors Seek More Influence

A drive by buyout firm Cerberus to force cost cutting at Commerzbank has run into resistance from Berlin.

Contracts with (Social) Benefits: The Implementation of Impact Investing

Posted by Anne M. Tucker (Georgia State University), on Wednesday, August 5, 2020 Editor's Note: Anne Tucker is Professor of Law at Georgia State University College of Law. This post is based on a recent

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