US and Asia-focused early-stage investor Cherubic Ventures has scored a big boost to its assets under management with the $110m close of its Fund V vehicle. The post Big IPO wins, PayPal’s $2.7bn Paidy buy
Former Thoma Bravo Credit head and software investment specialist Jack Le Roy has joined Star Mountain Capital as a managing director. The post Ex-Thoma Bravo Credit head Le Roy joins Star Mountain Capital as managing
Carlyle has paid tribute to former board member Janet Hill following her death from brain cancer, calling her "an extraordinary leader in every aspect of her life". The post Carlyle pays respects to ‘extraordinary leader’
Trive Capital, the Dallas-based private equity house which brought in almost $2bn through a double fund close last April, has named Wilson Electronics as its newest portfolio investment. The post Trive Capital bets on 5G
Recapitalizations and management buyouts specialist Excellere Partners has named its newest partner with the promotion of long-serving exec Justin Unertl. The post Excellere Partners names Justin Unertl among ‘next generation of leaders’ with promotion to partner
Thoma Bravo has poached back Insight Partners managing director Ross Devor to become its latest partner, almost a decade after he left the firm as a senior associate. The post Thoma Bravo rehires Devor as
Tech-focused private equity giant Francisco Partners has agreed to carve out business software major SAP's learning management system business Litmos. The post Francisco Partners follows giant Fund VII raise with SAP Litmos carve-out first appeared
Blackstone has brought in former Coinbase exec Adam White as its looks to boost its investments in digital assets, especially through its Blackstone Growth platform. The post Crypto opportunity continues to tempt Blackstone as firm
Stage 2 Capital, the venture capital firm co-founded by former Bessemer Venture Partners exec Jay Po, has raised $150m for its oversubscribed third fund. The post VC house Stage 2 aims to prevent startups failing
Blockchain investor CoinFund has shrugged off the ongoing bear market in cryptocurrencies by raising $300m for its second venture capital fund. The post Apple Music Group co-founder, Venrock veteran Pakman raises $300m blockchain VC fund
Former NEA investor Yida Gao has seen his new blockchain-focused venture capital firm Shima Capital reach $200m for its debut fundraise. The post Ex-NEA investor Yida Gao gets Andrew Yang, Bill Ackman backing for $200m
HR tech developer HiBob has reached a $2.45bn valuation after investors including General Atlantic and Bessemer Venture Partners backed a $150m Series D round for the business. The post HR tech player HiBob hits $2.45bn
Seven years after buying into vitamin capsule maker Captek Softgel, Swander Pace Capital has raised a continuation fund to take over the business from its last two flagship funds. The post Swander Pace raises new
More than 90% of instutional investors are bracing themselves for a prolonged recession amid sinking optimism the US government's ability to successfully fight inflation without hamstringing the economy, new research shows. The post Vast majority
Thompson Street Capital Partners has closed its biggest fund yet, hot on the heels of fellow private equity investor Wafra acquiring a minority stake in the firm. The post Fresh from Wafra buying a stake
New Mountain Capital has agreed to pay up to $2.45bn to carve out the applied, food and enterprise services businesses of scientific research solutions major PerkinElmer. The post New Mountain Capital to pay up to
Energy and growth infrastructure-focused private equity house Tailwater Capital has made a pair of industry veterans to lead its investor relations and comms functions. The post Veteran energy industry pair join Tailwater Capital as heads
Recently created New York Life Insurance Company subsidiary Apogem Capital has beaten its target for a new secondaries fundraise by hauling in $614m for a final close. The post Newly-created NY Life Insurance investing arm
German buyout house Golding Capital Partners has struck a first close for its debut impact investing fund of funds, with eyes on a €300m total next year. Golding said the currently €65m Golding Impact 2021 will
Butterfly Equity, the food-focused buyout house launched by former Vista Equity and KKR execs, has scored a big fund size increase through the $1bn final close of its sophomore fund. The post Ex-Vista, KKR execs
