Centerbridge sells majority Ahead stake to co-investor Berkshire Partners after two years

Centerbridge Partners has sold its majority stake in enterprise cloud services company Ahead to co-investor Berkshire Partners, just two years after buying into the business. The post Centerbridge sells majority Ahead stake to co-investor Berkshire

UK waste specialist Biffa accepts cut-price Energy Capital Partners buyout offer

UK waste management major Biffa has accepted a cut-price buyout offer from US private equity firm Energy Capital Partners amid the pound crashing to its lowest ever level against the dollar. The post UK waste

Greenbriar eyes big fund size increase with $2.75bn sixth fund – report

Services and manufacturing-focused private equity specialist Greenbriar is reportedly already back in the fundraising market eyeing up to $2.75bn for its sixth flagship fund. The post Greenbriar eyes big fund size increase with $2.75bn sixth

Trind VC targets C2C deals in Estonia, Finland with target-beating Fund II

European seed-stage investor Trind VC has beaten its target for its second fundraise through a €55m final close. The post Trind VC targets C2C deals in Estonia, Finland with target-beating Fund II first appeared on

LPs and GPs draw battle lines over expenses, transparency as market turmoil impacts sector

Public markets investors have been slamming on the brakes for the past 12 months as macro factors continue to weigh heavy on the global dealmaking and trading environment. But is a different picture appearing in

Blockchain VC firm Theta Capital eyes October second close for $250m-targeting Fund III

Blockchain venture capital investor Theta Capital Management has eyes on the end of October for a second close of its new $250m-targeting fund of funds. The post Blockchain VC firm Theta Capital eyes October second

Thoma Bravo, Apollo, Silver Lake megafunds among $1.1bn of new Maryland pension commitments

The $64.6bn-managing Maryland State Retirement & Pension System has picked a trio of major private equity fundraises among its latest $1.1bn of commitments. Thoma Bravo’s mammoth new software-focused private equity fund picked up $125m from

HarbourVest launches first Australian office amid region’s growing LP demand

HarbourVest Partners has opened its first office in Australia amid increased demand for alternatives from LPs and rich individuals in the region, the firm said. The post HarbourVest launches first Australian office amid region’s growing

Adams Street brings in Sixth Street’s Charalambides for launch of European private credit platform

Asset management major Adams Street Partners has launched a European private credit platform alongside the hire of former Sixth Street managing director James Charalambides. The post Adams Street brings in Sixth Street’s Charalambides for launch of

Capital Four surges past €1bn fund target to reach €1.5bn for new debt vehicle

Credit asset management boutique Capital Four has hauled in €1.5bn for the final close of its third private debt fund, well above its €1bn target. The post Capital Four surges past €1bn fund target to

KKR raising fourth direct lending fund amid soaring debt appetite from LPs

KKR is back in the market with its fourth debt fund, with eyes on up to $2bn for the vehicle amid a surge in LP demand for more risk-averse alternative asset classes. The post KKR

Apax Partners races past $10bn for new flagship fundraise – report

Private equity major Apax Partners has reportedly raced to more than $10bn for its latest flagship buyout fund after just five months in the market. The post Apax Partners races past $10bn for new flagship fundraise

PwC names new global PE, sovereign wealth leader as it expands its ESG focus

Global professional services major PwC has named its veteran deals specialist Eric Janson to global private equity, real assets and sovereign funds leader. The post PwC names new global PE, sovereign wealth leader as it

KKR backs $450m investment in Indian renewables player Hero Future Energies

Global buyout giant KKR has teamed with India's Hero Group to make a $450m investment in the latter's renewable energy arm. The post KKR backs $450m investment in Indian renewables player Hero Future Energies first

Space, aviation and defence-focused Starburst Venture launches new early-stage fund

Aviation, defence and space-focused venture capital house Starburst Ventures has launched a new early-stage investment fund dedicated to the sectors. The post Space, aviation and defence-focused Starburst Venture launches new early-stage fund first appeared on

Advent loses chief legal officer and ‘important force’ James Westra after 11 years

Advent International is losing long-time managing partner and chief legal officer James Westra after 11 years with the firm. The post Advent loses chief legal officer and ‘important force’ James Westra after 11 years first

HarbourVest soars to over $3bn for new US buyout fund, 50% larger than target

HarbourVest Partners has surged past its target for its twelfth flagship US private equity fund to close the vehicle on more than $3bn. Fund XII will target buyout, micro buyout, venture capital, and growth equity

HIG out raising fourth mid-market LBO fund, picks up Ohio pension commitment

HIG Capital is back in the market with the follow-up to its $3.1bn mid-market buyout fund closed in 2019. The post HIG out raising fourth mid-market LBO fund, picks up Ohio pension commitment first appeared

Clean power business Mainspring closes hefty $290m Series E round

Clean power generation provider Mainspring Energy has picked up a hefty $290m Series E round from backers including the Canada Pension Plan Investment Board. The post Clean power business Mainspring closes hefty $290m Series E

Revelation Partners co-founder Zack Scott leaves to join Norwest Venture Partners

Growth equity and early stage investor Norwest Venture Partners has brought in Revelation Partners co-founder Zack Scott as general partner for its healthcare practice. The post Revelation Partners co-founder Zack Scott leaves to join Norwest Venture Partners

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.