Polish private equity house Innova Capital has raised more than €220m for the first close of its Innova/7 fund. Innova has taken ten months to reach the first close, which puts it at over 60%
Posted by Paul A. Gompers (Harvard Business School), Steven N. Kaplan (University of Chicago), and Vladimir Mukharlyamov (Georgetown University), on Wednesday, August 10, 2022 Editor's Note: Paul A. Gompers is Eugene Holman Professor of Business Administration
Global buyout major Partners Group has agreed to acquire specialist insurance broker Foundation Risk Partners from Warburg Pincus. The post Partners Group buys FRP from WP for the growing American insurance brokerage market first appeared on AltAssets
Global buyout major Permira has hired Koen Köppen from digital payment service provider Mollie as senior adviser to its global technology team, focusing on software and fintech. The post Permira brings in Koen Köppen from digital
UK-based private equity firm Connection Capital has hired James Greenwood as associate director to its investment team.
European VC major Balderton Capital has hired Elodie Broad from Deloitte as the firm's first head of impact and sustainable future goals. The post Balderton hires firm’s first head of impact and sustainable future goals
UK-based venture capital firm Kindred Capital is planning to hold the first close for its third fund in summer 2022, with a final close expected at the end of this year, or in early 2023,
UK mid-market buyout house Graphite Capital has exited YSC Consulting after five years. The post Graphite Capital exits YSC Consulting after five-year hold first appeared on AltAssets Private Equity News.
One Equity Partners has agreed to sell the power generation business of UK-based BRUSH Group to energy technology company Baker Hughes. The post One Equity Partners agrees sale of BRUSH Group power generation arm to
The $200bn Texas Teachers’ Retirement System has picked I Squared Capital, Blockchain Capital and North Island Ventures as its new managers in its latest round of $785m alternative allocations. The post Texas Teachers’ Retirement System
Global sustainable infrastructure investment major Actis has hired Lynnette Mays as director, Americas within its investor development group. The post Actis hires Lynnette Mays to deepen relationships with partners in the Americas first appeared on AltAssets Private
Nordic private equity firm Summa Equity is opening its first office outside of Europe in Palo Alto, California. The post Nordic PE firm Summa Equity picks California for its first office outside Europe first appeared
Private markets investment giant StepStone Group has hit a $2.36bn final close for its fifth dedicated co-investment fund. The post StepStone scores big fund size increase with new $2.36bn co-invest vehicle first appeared on AltAssets
Vista Equity Partners has agreed an $8.4bn take-private dealf for tax compliance automation business Avalara. The post Vista agrees $8.4bn Avalara buyout at huge discount to last year’s share price first appeared on AltAssets Private
Stockholm-headquartered impact-focused GP Summa Equity is opening an office in Palo Alto, California, which will be led by several of the firm’s existing partners.
US investment firm AllianceBernstein has closed Commercial Real Estate Debt Fund IV with $1.3bn of capital commitments. The post AllianceBernstein closes latest real estate debt fund on $1.3bn first appeared on AltAssets Private Equity News.
Macquarie Asset Management has agreed €2.4bn deal to acquire 100% of the share capital of Suez Recycling and Recovery UK Group from French waste management giant Veolia. The post Macquarie Asset Management agrees €2.4bn deal
Warburg Pincus has agreed a new funding round in $2.25bn-renewable fuel business Montana Renewables. The post Warburg Pincus picks $2.25bn Montana Renewables as latest energy transition investment first appeared on AltAssets Private Equity News.
Global private equity giant Carlyle's CEO Kewsong Lee has abruptly stepped down with immediate effect months before his employment agreement concludes at the end of the year. The post Carlyle CEO Kewsong Lee steps down
$16bn-managing investment firm Siguler Guff has closed its largest small business buyout fund to date by collecting $1.97bn for its Small Buyout Opportunities Fund V. The post Siguler Guff closes largest small business buyout fund
