Secondaries-focused investor Pomona Capital is back in the fundraising market and is hoping to raise $2bn for its tenth flagship fund, coming two years after the close of its predecessor.
CVC Credit Partners is not slowing down despite the market situation, having closed yet another fund in just a month.
Continental Batteries, a portfolio company of Incline Equity Partners, has acquired Battery Joe and Battery Solutions. Continental’s aftermarket batteries are distributed to the automotive, commercial, golf, marine and industrial markets. The company provides on-premise delivery
AE Industrial Partners has named aerospace industry expert Laurence Vigeant-Langlois as its latest managing partner.
Bankrupt US dairy company Borden has been bought by KKR and Capitol Peak Partners in a $340m asset purchase.
Consumer-focused early-stage investment house Forerunner Ventures has pulled in $500m for its latest fundraise in a rapid fundraise launched and completed amid the coronavirus crisis.
InsurTech business Hippo has cemented its place in the coveted unicorn club by raising a $150m round at a $1.5bn valuation.
One Equity Partners has completed a buyout of engineering business Spartronics from Sparton Corporation.
US buyout house JF Lehman & Company has soared to a $1.35bn hard cap final close for its fifth flagship private equity fund, well above its $1bn target.
Lower mid-market-focused private equity house The Riverside Company has backed Buildout, a Chicago company that provides SaaS-based marketing and customer relationship management software to commercial real estate brokerages.
GHK Capital Partners has acquired Hasa, a producer and distributor of water treatment chemicals, from Peak Rock Capital. Hasa’s products are used to sanitize and maintain water systems, including swimming pools, water tanks and containment
Guardian Capital Partners has held an oversubscribed, hard cap, and final close of its third fund, Guardian Capital Partners Fund III LP, with $282 million in capital commitments. Guardian Capital makes control investments in lower
Carlyle's veteran co-CEO Glenn Youngkin is leaving the firm in two months after a 25-year career.
Software and tech-focused private equity house Thoma Bravo has agreed a $594m take-private buyout of cloud insurance software provider Majesco.
The $21bn-managing Los Angeles Fire and Police Pensions has picked Silver Lake Partners and Summit Partners for its two most recent private equity and venture capital commitments.
KKR has raised a smaller sophomore fund in its real estate credit strategy, pulling in $950m for the final close of the vehicle.
The $246bn-managing California State Teachers’ Retirement System has struggled to a 3.9% net return for the financial year as Covid-19 amid a huge slump in its private equity performance.
Veteran former NEA general partner Kittu Kolluri is back with his second Neotribe Ventures fund, which has hit $216m for its final close.
Mountain Capital, the energy-focused private equity house launched by former Apollo senior partner Sam Oh, is reportedly nearing its $650m goal for its sophomore fundraise.
New York investment house Z Capital Group has brought in Laura Krivec as director for corporate development.
