Pan-European private equity firm IK Partners has scored its second deal of the week by picking up DA Languages from Foresight Group. The firm said DAL is one of the fastest growing language services providers in the
Pension giant MassPRIM has passed $100bn in assets under management for the first time amid a record-breaking 2021 financial year fuelled by private equity gains. The post MassPRIM passes $100bn AUM fuelled by outstanding 2021
Lee Equity Partners has bought a majority stake in security system specialist Unlimited Technology. The post Lee Equity takes majority stake in security system business Unlimited Technology first appeared on AltAssets Private Equity News.
Baltic private equity house INVL Asset Management has scored a 27% IRR through the full exit of its debut Forests Fund as it eyes up to €200m for the vehicle's successor. The post INVL seals
Long-time angel investor Chris Sacca and his wife Crystal have raised $800m for a new fund targeting climate technology dealmaking. The post Investment veteran Sacca raises quickfire $800m climate technology fund first appeared on AltAssets
Indonesia-based venture capital firm AC Ventures has more than doubled its capital under management with the $205m final close of its third fund. The post AC Ventures more than doubles AUM with $205m Fund III
Global alternatives major Pantheon has boosted its investor relations and marketing team with six senior hires, including Brett Perryman as global head of marketing and communication. The post Pantheon names new global marketing, comms head
Veritas Capital has followed its $17bn sale of athenahealth by agreeing to pick up school website and digital comms tools business Finalsite. The post Veritas Capital follows $17bn athenahealth sale with Finalsite buyout from Bridge
L Catterton has sold a majority stake in Dallas-based restaurant business Velvet Taco to fellow private equity major Leonard Green & Partners. The post L Catterton sells Velvet Taco stake to Leonard Green & Partners
AXA Investment Management's $168bn-managing alternatives arm has sealed the €1.2bn final close of its latest regulatory capital fund. The post AXA IM hits €1.2bn close for latest regulatory capital fundraise first appeared on AltAssets Private
Blackstone's real estate arm has picked up $2.8bn of institutional-quality logistics assets from Cabot Properties in two separate transactions. The post Blackstone seals $2.8bn logistics assets buyout from Cabot Properties first appeared on AltAssets Private
Sapphire Ventures has brought its 2021 fundraising to nearly $3.7bn through the final close of its largest capital raise yet. The post Sapphire Ventures soars to biggest capital raise yet with new fund pair, brings
Manulife Investment Management has hauled in $4.65bn for the final close of its second dedicated infrastructure fund, more than twice the total it collected for its 2018 debut in the sector. The post Manulife IM
Pacific Equity Partners has agreed a rapid sale of Australian vehicle parts maker AutoPacific in an A$744m deal, just two years after buying into the business. The post Pacific Equity Partners seals quick exit of
Pan-European private equity firm IK Partners has sealed another deal from its €2.85bn ninth flagship fund by agreeing to pick up Renta Group from Intera Partners. The post Intera Capital agrees Renta Group exit to IK Partners following
Bioscience and life sciences investor NovaQuest Capital Management has bought TechAccel's stake in Covenant Animal Health Partners. The post NovaQuest Capital picks up TechAccel stake in Covenant Animal Health Partners first appeared on AltAssets Private
European private equity house FSN Capital Partners has agreed to sell Danish tech and IT components seller EET to Pamplona Capital Management. The post FSN seals EET sale to Pamplona Capital in wake of hefty EBITDA
Asset cybersecurity platform provider Armis has increased its valuation from $2bn to $3.4bn in eight months thanks to a latest $300m investment round led by One Equity Partners. The post One Equity Partners invested in
Hunter Point Capital, launched last year by the co-founder of Blackstone’s GSO credit platform to take stakes in mid-market alternative asset managers, has hired Melvin Hibberd as a managing director. The post Hunter Point brings
Francisco Partners has agreed to sell cybersecurity, data intelligence, and IT operations software specialist Quest Software to Clearlake Capital in a deal believed to value the business at about $5.4bn. The post Francisco Partners seals
