Hinge Capital, formerly Ventures51, has secured $19.1m for its Ventures51 Classy Fund II raise, nearly four times the size of its predecessor Fund I, according to a filing to the SEC. The post eToro backer
American private-equity chief’s 2019 arrest shook foreign business community, further strained U.S.-Russia relations
Footballing giant Real Madrid has issued a statement that highlights its disapproval of a new agreement between Spanish football league system LaLiga and private equity firm CVC Capital Partners. The post Real Madrid issues statement
Global asset management firm Tiger Global Management has invested $200m into GoGuardian, bringing the EdTech company’s valuation to $1bn. The post Tiger Global deploys $200m into newly crowned unicorn GoGuardian first appeared on AltAssets Private
The Investment Management Corporation of Ontario has agreed to buy 100% stake of UK Green Frog Power as it expects the UK to be a global leader in the adoption of intermittent renewable energy over
Healthcare-focused buyout house ArchiMed has closed its oversubscribed third fund on €650m despite receiving €1.3bn in the virtual raise. MED III has beat its target of €500m and doubled the size of its predecessor MED
Consumer-focused private equity house Meaningful Partners has hit a final close for its oversubscribed debut fund on $175m, over its hard cap of $150m. The post Consumer-focused Meaningful Partners beats hard cap to close debut
Global buyout giant Blackstone has hired Ramzi Ramsey and Mike Kirkman as managing directors to work across the firm’s Blackstone Growth and Tactical Opportunities businesses. The post Blackstone hires two new MD for Blackstone Growth
The private-equity firm aims to replicate its success in Europe in the U.S. market
Real Estate private equity firm Pennybacker Capital Management has made three promotions in recognition of their contribution. The post Pennybacker makes three promotions, names Beier principal and COO first appeared on AltAssets Private Equity News.
Global buyout major Apollo has agreed to back part of the incumbent local exchange carrier business of Lumen Technologies for $7.5bn, including debt assumption of approximately $1.4bn. The deal valued the company at around 5.5x
The Massachusetts Pension Reserves Investment Management Board (MassPRIM) has broken its record for the highest fiscal year return. The post MassPRIM has record-breaking year for annual returns first appeared on AltAssets Private Equity News.
San Francisco-based venture capital firm Root Ventures is looking to raise $150m for its third fund, AltAssets has learned. If reaching the target, the fund will double the size of its predecessor Fund II. The
French private equity house PAI Partners has agreed to buy juice brands including Tropicana and Naked across North America from PepsiCo for $3.3bn. The deal also includes an irrevocable option to sell buy certain juice
PepsiCo has entered into agreements to sell Tropicana, Naked Juice and other select juice brands across North America to PAI Partners for USD 3.3bn.
Global buyout major TA Associates has hired five new vice presidents to be based in Boston and Menlo Park. The post TA Associates follows rapid $12.5bn fundraise with five senior hires first appeared on AltAssets
Broadtree Partners, which stylises itself as an operator-centric private equity firm, has acquired Sayres and Associates, a provider of support services to the Department of Defense. The post Broadtree Partners acquires Sayres and Associates to
Reese Witherspoon-founded Hello Sunshine has received funding from buyout giant Blackstone and an unnamed, newly formed media company run by entertainment executives. The post Reese Witherspoon’s media company receives Blackstone investment first appeared on AltAssets
Private equity major Genstar Capital has reinvested in portfolio company Association Member Benefits Advisors out of its ninth fund. The post Genstar Capital to reinvest in AMBA to further capitalize on the senior market first
Health and wellness-focused private equity house WM Partners has picked plant-based protein powder business Vega as its latest investment. The post WM Partners picks plant-based protein powder business Vega for latest buyout first appeared on
