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Category: Buyout

Sequoia Capital leads $30m Salt Security Series B round

API security company Salt Security has scored $30m in a Series B round led by Sequoia Capital - its second funding round of the year.

Forbion flies to €460m hard cap fund close in just weeks following recent exit success

European life science venture capital firm Forbion has sealed its fastest fundraise to date after hitting the €460m hard cap for its latest investment vehicle in just a few weeks.

Ada Ventures seals hard cap-busting $50m debut fund close to back overlooked founders

Ada Ventures, the VC firm launched last year to profit from overlooked founders and impact deals, has scored an above-hard-cap $50m final close for its debut fund.

Monarch Alternative Capital targets ‘vast Covid-19 distressed opportunity’ with new $3bn fund close

Distressed and opportunistic investment specialist Monarch Alternative Capital has scored a roughly $3bn close for its oversubscribed fifth fundraise.

Rutland Partners promotes two to investment director after six years with firm

UK private equity house Rutland Partners has promoted two to investment director after six years with the business.

Paine Schwartz Partners picks up plant-based dough maker Urban Farmer as new platform investment

Sustainable food chain investor Paine Schwartz Partners has tapped its fifth flagship fund to buy into plant-based specialty dough maker Urban Farmer.

Cerberus Capital, Provender team up to create multibillion-dollar US cold storage real estate portfolio

Cerberus Capital Management has teamed up with refrigerated real estate specialist Provender Partners for a new joint venture to create a multibillion-dollar portfolio of cold food storage facilities in the US.

Global Infrastructure Partners pulls in $2.8bn across pair of new credit fundraises

Global Infrastructure Partners has raised $2.8bn across a pair of new credit fundraises targeting the investment sector.

Wellington Management raises $2.2bn across new private equity fund, co-investment capital

Investment house Wellington Management has hauled in $2.2bn across its latest private equity fundraise and co-investment commitments.

Inflexion seals 3x return selling Lane Clark & Peacock to Charterhouse Capital

UK private equity house Inflexion has sealed a better than 3x return selling its stake in financial consultancy Lane Clark & Peacock to Charterhouse Capital Partners, AltAssets understands.

IMRF loses chief investment officer Shah after nine years, AUM almost doubled to $48bn in that time

The $48bn-managing Illinois Municipal Retirement Fund is losing CIO Dhvani Shah after nine years to Florida-based automobile business JM Family Enterprises.

Mid Europa Partners carves out Polish arm of software major Sage Group

Central European private equity major Mid Europa Partners has agreed to carve out cloud business management company Sage Poland from The Sage Group.

Moov Financial gets hefty $27m Series A investment led by Andreessen Horowitz

Moov Financial has closed a hefty $27m Series A round, just three months after it raised $5.5m of seed capital.

Child-focused banking app gohenry gets $40m Edison Partners-led funding round

Gohenry, developers of a prepaid card that aims to help children build healthy financial habits, has collected $40m for its latest funding round.

New buyout house Crossplane Capital soars past debut fundraise goal to reach $275m hard cap

Dallas-based buyout house Crossplane Capital has hit its $275m hard cap for the final close of its debut fundraise.

Succession strategy unveiled at Crestview Partners as Cassidy, Rose named co-presidents

Crestview Partners has made a move in planning for the future of the firm's leadership by naming Brian Cassidy and Alex Rose as co-presidents.

Spartan Advisors brings in MVision’s Wood as LP relationship manager

Fledgling placement agent and merchant bank Spartan Advisors has brought in Dominic Wood from MVision as a director.

PE, LP giants among signatories to new scheme promoting diversity and inclusion within industry

More than 40 LPs and GPs have signed up to a new initiative from the Institutional Limited Partners Association aimed at advancing diversity and inclusion across the private equity industry.

Vegan, organic food and drink pioneer Laboratorios Almond gets Nazca Capital investment

Spanish private equity player Nazca Capital has tapped its €275m fourth fund to buy a majority stake in vegan and organic food supplier Laboratorios Almond.

Insight Partners, Farview Equity buy into Livingbridge-backed email signature management business Exclaimer

UK private equity house Livingbridge has agreed to sell a majority stake in email signature management business Exclaimer to Insight Partners and Farview Equity Partners.

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