Venture capital firm Thrive Capital has closed Thrive VIII on $3bn, with $500m for early-stage investments and $2.5bn for late-stage investments. The post Jared Kushner’s brother Joshua closes eighth Thrive Capital fund on $3bn first
Credit investment major Crescent Capital has raised raised $3.2bn for its third direct lending fund - double the size of its sophomore vehicle. The post Crescent Capital celebrates $6bn of new investable capital with third
Consumer-focused early-stage investment house Forerunner Ventures has pulled in $1bn for its sixth flagship fund, twice the amount it collected for its 2020 predecessor vehicle. The post Forerunner Ventures raises $1bn for Fund VI, double
TorQuest Partners has closed a continuation fund to buy its 2016 investment Can Art Aluminum Extrusion from its fourth flagship fund. The post TorQuest raises continuation fund to take on 2016 Fund IV investment Can
Consumer-focused private equity house L Catterton has invested in Shanghai Enova Pet Products to mark its first foray into China's pet food market. The post L Catterton makes first move into Chinese pet food market
Venture capital veteran Sequoia Capital is creating a dedicated cryptocurrency fund as one of a trio of new vehicles which could raise more than $5bn between them. The post Sequoia Capital launches crypto vehicle amid
Posted by Marc E. Elovitz, Kelly Koscuiszka, and Tarik M. Shah, Schulte Roth & Zabel LLP, on Thursday, February 17, 2022 Editor's Note: Marc E. Elovitz and Kelly Koscuiszka are partners and Tarik M. Shah
Silver Lake has moved a step closer to buying the commerical arm of New Zealand Rugby after the players' union reached an agreement in principle over the deal. The post New Zealand Rugby players agree
A private equity firm founder has been jailed for 15 months for his part in a widespread US college admissions scandal after trying to get his children in Harvard, Stanford and the University of Southern
Northern Europe-focused private equity house Verdane has made a significant minority investment in electric vehicle charging managed services provider EVA Global. The post Verdane taps hefty European growth impact fund for EVA Global deal first appeared
Global private equity major Warburg Pincus has bought patent search provider Minesoft alongside information services and software platform MLM 2, which the firm helped launch two years ago. The post Warburg Pincus buys into patent
Pan-European private equity firm Capital D has announced a series of new hires and promotions and continues to remain in hire mode to support growth plans.
Warburg Pincus-backed cybersecurity business eSentire is reportedly about to strike a $1.2bn valuation thanks to new investment from Canadian pension giant CDPQ and existing VC backer Georgian Partners. The post Warburg Pincus-backed eSentire to hit
Real estate tech-focused venture capital house Fifth Wall has expanded its investment outreach to Europe with the €140m final close for its latest real estate technology fund. The post Fifth Wall expands its proptech investing to Europe
FinTech Flutterwave has become Africa's most valuable fintech after a new wave of VC funding saw become worth more than $3bn. The post Flutterwave becomes Africa’s most valuable startup at $3bn thanks to new VC
US-based investment firm Tiger Global Management has led a USD 200m Series C round for UK-based financial software company Genesis Global Technology, alongside new and existing investors.
Private equity major Apax Partners is already eyeing up to $13bn for its latest flagship fundraise, just a year after closing its $11bn Fund X vehicle. The post Apax Partners eyes $13bn Fund XI raise
Blackstone's growth arm has helped online visual media business Cloudinary to a $2bn valuation through a new investment round. The post Blackstone investment helps Cloudinary to $2bn valuation first appeared on AltAssets Private Equity News.
