Singapore-headquartered True Global Ventures has beaten its $100m target for its blockchain investment fundraise True Global Ventures 4 Plus. The post True Global Ventures beats $100m goal for blockchain investment fundraise first appeared on AltAssets
Veteran former Amazon executive Xavier Garambois has joined private equity giant Advent International as its latest operating partner. The post Ex-Amazon exec Garambois becomes Advent International operating partner first appeared on AltAssets Private Equity News.
European-Asian private equity firm AGIC Capital has raised $1.2bn for its second fund targeting advanced industrial and medical technology investments. The post Euro-Asian private equity house AGIC Capital scores $1.2bn for Fund II final close
Early-stage VC investor Susa Ventures has closed on $375m across a pair of new funds, dwarfing its previous double fund close. The post Robinhood seed backer Susa Ventures leverages success for heavily upsized double fundraise
Genstar Capital has bought Arrowhead Engineered Products, a global provider of replacement parts for motorised vehicles and equipment. The post Genstar Capital buys motorised vehicle parts specialist Arrowhead from Riverside, Investcorp first appeared on AltAssets Private
The $54.7bn-managing Illinois Municipal Retirement Fund has revealed another swathe of private equity fund commitments. The post IMRF commits to Clearlake as firm reportedly eyes $10bn in rapid fundraising return first appeared on AltAssets Private
CI Capital Partners has agreed to sell lawn and tree care services provider SavATree to Apax after tripling its revenue during the private equity firm's ownership. The post CI Capital seals SavATree sale to Apax
After more than 15 years in its portfolio, SunTx Capital Partners has sold NationsBuilders Insurance Services. The post SunTx Capital ends more than 15-year NBIS ownership through sale first appeared on AltAssets Private Equity News.
Financial wellness platform Origin has closed its Series B funding round on $56m, which has brought its valuation up to $400m. 01A, General Catalyst and Lachy Groom acted as the lead investors to the Series
Clearwater Analytics, the investment management software business backed by a trio of private equity majors, has filed for an IPO which could value it at up to $4bn. The post Buyout backed Clearwater Analytics files
European mid-market buyout house Capvis has raised a €230m continuation fund to buy up the remaining three portfolio businesses in its 2008-vintage Fund III. The post Capvis raises continuation fund for last three companies in
B2B industrial and specialty distribution-focused investor MiddleGround Capital has raised more than $1bn to close its two newest funds. The post MiddleGround Capital breaks $1bn to close second flagship fund, debut mobility vehicle first appeared
European private equity major EQT has agreed to sell optical and illumination design software business Zemax to trade buyer Ansys after three years in its portfolio. The post EQT seals another August exit with Zemax
Private equity major GTCR has bought insurtech business Global Claims Services. The post GTCR buys into insurtech major Global Claims Services first appeared on AltAssets Private Equity News.
KKR and Salesforce Ventures have teamed up to back the biggest-ever Series B investment round in a Danish business, valuing no-code software test automation platform Leapwork at about $312m. The post KKR, Salesforce Ventures seal
Buyout giant Blackstone has invested in dental services organisation DECA Dental Group through its Tactical Opportunities fund, which specialises in investments which are time sensitive, complex or mispriced due to dislocated markets. The post Blackstone taps
Food chain-focused private equity house Paine Schwartz Partners has bought supply chain compliance software and services business Registrar Corp from Bertram Capital. The post Bertram Capital seals Registrar Corp exit to Paine Schwartz Partners first
KKR has made its first infrastructure investment in New Zealand by backing 86-year-old bus operator Ritchies Transport. The post KKR seals debut NZ infra deal with Ritchies Transport investment first appeared on AltAssets Private Equity
Global private equity giant Apollo is reportedly raising $500m for a new fund dedicated to backing special purpose acquisition companies (SPACs). The post Apollo said to be raising $500m fund targeting investments in SPACs first
The $23.7bn-managing Los Angeles City Employees Retirement System has picked five private equity funds for its latest swathe of alternative commitments. The post Massive TA, Hellman & Friedman funds among latest commitments from $23.7bn-managing LACERS
