Private equity giants Blackstone and Carlyle have led an oversubscribed Series A extensions for fintech business Canoe Intelligence after being impressed as customers of the company. The post Canoe Intelligence impressed customers Blackstone, Carlyle so
Promus Ventures has raised $140m to close its first fund solely dedicated to early-stage space investments. The post Promus Ventures shrugs off space investment doubters with $140m fund dedicated to sector first appeared on AltAssets
Tecum Capital has scored $240m for the first close of its third Small Business Investment Company fund targeting mezzanine loans and minority equity investments. The post Tecum Capital hauls in $240m for its biggest SBIC
Digital assets-focused private equity firm 10T Holdings has raised more than $750m of investment capital amid the close of its inaugural growth equity funds. The post Cryptocurrency, digital assets-focused PE house 10T Holdings raises over
Private credit investment specialist Crayhill Capital Management has hit an $820m hard cap final close for its second fund. The post Crayhill Capital strikes $820m hard cap close for second credit-focused fundraise first appeared on AltAssets
Software-focused private equity major Thoma Bravo has agreed a growth investment in cyber threat intelligence provider Intel 471. The post Thoma Bravo takes stake in cyber threat intelligence business Intel 471 first appeared on AltAssets
Vestar Capital Partners has promoted Ian Singleton to vice president. The post Vestar Capital Partners names Ian Singleton as new VP first appeared on AltAssets Private Equity News.
Global buyout giant Blackstone has tapped its longer-term private equity investment funds to buy into smart building control and access provider The Chamberlain Group at a roughly $5bn valuation. The post Blackstone taps longer-hold private
Falfurrias Capital has scored an impressive $850m final close for its latest flagship private equity fundraise, just two years after closing its predecessor vehicle. The post Falfurrias Capital seals oversubscribed $850m Fund V close in
The United States has about 100,000 public chargers, far fewer than Europe and China. It needs 10 times as many, auto experts say, to complete the switch from combustion engine vehicles.
US private equity major GTCR's Antylia Scientific portfolio company has agreed to sell its Masterflex business unit to Avantor for $2.9bn in an all-cash transaction. The post GTCR to sell Antylia Scientific’s Masterflex unit in
The US Chamber of Commerce has come out swinging against government plans to potentially almost double the carried interest tax rate, which would hit private equity and other alternative assets firms. The post US could
Thompson Street Capital Partners has bought Vector Laboratories, the protein detection business unit of Nasdaq-listed Maravai. The post Thompson Street Capital carves out Vector Labs from Nasdaq-listed Maravai first appeared on AltAssets Private Equity News.
Inspired Capital, the firm launched by PSP Partners founder Penny Pritzker and LeanVest founder Alexa Von Tobel, is back in the fundraising market eyeing up to $281m for its sophomore investment vehicle. The post Ex-Secretary
Hybrid private equity and venture capital firm L37 Ventures has brought in industry veterans John Tilney and Gregory Park as general partners. The post Hybrid PE, VC house L37 Ventures brings in veteran pair as general
Blackstone-backed Brazilian alternatives investor Patria Investments has agreed a merger with Moneda Asset Management to create a $25.9bn Latin American private equity, infrastructure and credit asset manager. The post Patria and Moneda merger creates $25.9bn
Affordable housing investor Arc70 Capital has sealed a powerful $550m final close of its third fund, more than twice the total it collected for its sophomore vehicle just last year. The post Just a year
Trinity Hunt Partners has soared past its target to reach a $460m hard cap final close of its sixth flagship private equity fund. The post Trinity Hunt blows past Fund VI target to seal $460m
Far from struggling amid the chaotic Covid-19 environment, Shore Capital managed to pass $2bn in capital under management thanks to a triple fund close this summer - and sealed the most deals in 2020 across
Verizon's failed attempt to build a major media player has ended with the $5bn sale of Yahoo to private equity giant Apollo. The post Yahoo enters ‘new era’ with $5bn Apollo Global buyout first appeared
