Bardin Hill brings in $600m for new opportunistic credit fund, sidecar vehicle
Investment manager Bardin Hill has raised $600m across an opportunistic credit fund and parallel sidecar vehicle.
Retail shareholders have been excluded from a string of recent, hot IPOs on the London Stock Exchange. This does little to dispel accusations that financial markets are the preserve of the elite.
Bertram Capital has acquired Safety Products Holdings (SPH), a provider of safety cutting tools and accessories, from Levine Leichtman Capital Partners (LLCP). The buy of SPH is the third platform investment for Bertram’s fourth fund.
Kingswood Capital Management has held an oversubscribed and hard cap close of Kingswood Capital Opportunities Fund I LP with $230 million of capital. Limited partners in the new fund include public pension funds, insurance companies,
Apollo Global-backed low-cost airline Sun Country has filed to list on the Nasdaq stock exchange despite a troubled time for airlines since the start of the Covid-19 pandemic last year.
Kingswood Capital, the lower mid-market private equity house launched by former Ares and Cerberus exec Alexander Wolf, has hit a $230m hard cap final close for its debut fund.
Private equity investors Cornell Capital LLC and Trilantic North America have bought healthcare staffing specialists Trustaff Management and CardioSolution alongside AI-driven online job marketplace Stella.ai.
Silicon Valley-based Astia has launched a new $100m early-stage venture capital fund aimed at addressing the "extraordinary" disparity in funding for companies that include women in founding or executive roles.
Global private equity major Cinven has agreed to back professional tax preparation software business Drake Software.
Posted by Andrew J. Nussbaum, Steven A. Cohen, and Katherine L. Chasmar, Wachtell, Lipton, Rosen & Katz, on Saturday, February 6, 2021 Editor's Note: Andrew J. Nussbaum and Steven A. Cohen are partners, and Katherine
Arcline Investment Management has closed its second fund, Arcline Capital Partners II LP, with total capital commitments of $2.75 billion. Arcline closed its first fund with $1.5 billion of committed capital in March 2019. Arcline
Charlesbank Capital Partners has held a final closing of its newest flagship fund, Charlesbank Equity Fund X LP, at its hard cap with $3.75 billion of capital. Fundraising for the new fund was launch just
Private equity majors Centerbridge and Cerberus Capital Management were the big winners from $2.1bn of new commitments from the Florida State Board of Administration.
Veteran early-stage investment house SJF Ventures has closed its biggest fund yet after bringing in $175m for the final close of the vehicle.
Top Tier Capital Partners has hauled in close to $1.2bn across a pair of new funds and several separate accounts.
Sapphire Ventures has scored $1.7bn of new capital across a string of new funds, which will primarily be used to ramp up the firm's investments in Series B through IPO enterprise tech companies.
US private equity major Thoma Bravo is reportedly prepping an IPO of financial services software business MeridianLink which could value the company at more than $3bn including debt.
A storming fundraise has seen long-standing private equity house Charlesbank Capital Partners strike a $3.75bn hard cap close for its tenth fund after less than six months in the market.
New York investment firm Endicott Group has sealed a $142m final close for its debut private equity fund focused on the information services sector.