Virginia pension commits to HIG Europe distressed fund, new $7.5bn GTCR vehicle – report

The $83bn-managing Virginia Retirement System has committed more than $300m across a pair of private equity funds, including GTCR's newly-closed $7.5bn Fund XIII.

Seedcamp hails ‘special’ fundraise as VC firms help new vehicle to massive oversubscription

Seedcamp has hailed its 'special' £78m Fund V raise after the vehicle was almost 50% oversubscribed despite volatility around the ongoing global pandemic.

Sino-Ocean prices IPO low to net HK$1.7bn

Chinese property management firm Sino-Ocean Service Holding has scooped up HK$1.74bn ($224.5m) after pricing its IPO below the mid-point of the marketed range.

EM deals start to roll in with CEEMEA FIG duo

Emerging market issuers have started to make their way back into international debt markets after a brief pause due to the US elections. Dubai Islamic Bank and Uzbekistan’s Ipoteka Bank this week mandated banks to

KKR names ex-Dyson CEO as Asia private equity senior advisor

Global buyout giant KKR has named former Dyson CEO Jim Rowan as a senior advisor to its Asia private equity team.

GTCR powers to $7.5bn Fund XIII close after just five months of capital raising

GTCR has powered to a $7.5bn target-beating final close for its thirteenth flagship buyout fund after just five months of fundraising.

New Mountain Capital buys into bankrupt PE-backed dental clinic services business Benevis

Bankrupt private equity-backed dental clinic services business Benevis has been bought by New Mountain Capital.

TPG, CPPIB invest another $500m in Viking Cruises as company attempts to navigate Covid woes

TPG Capital and the Canada Pension Plan Investment Board have made another $500m investment in Viking Cruises as the company looks to navigate the trying times caused by the coronavirus crisis.

TPG, TA buy into Thoma Bravo-backed Planview in $1.6bn deal

Private equity majors TPG Capital and TA Associates have teamed up to buy into Thoma Bravo-backed work management business Planview in a $1.6bn deal.

Baltic-based INVL eyes up to €200m for second sustainable timber, farmland fundraise

Baltic private equity house INVL Asset Management is looking to raise up to €200m for its latest sustainable timber and farmland fund.

Peregrine Ventures ups fundraising ante as it hits first close for debut growth fund

Israel-based early stage investor Peregrine Ventures has hit a first close for a $300m-targeting growth fund focused on late stage life science companies.

Google, Andreessen Horowitz back cloud-native networking company Isovalent

Isovalent, a cloud-native networking company, has launched its services to help enterprises connect, observe and secure modern applications with its Cilium product.

Griffin Gaming Partners raises $235m to target titanic, still growing video games industry

Video gaming-focused venture capital house Griffin Gaming Partners has raised $235m to invest across the already titanic industry.

Cerberus Capital Management said to eye $3bn for latest flagship distressed buyout, debt fundraise

Distressed investment specialist Cerberus Capital Management is reportedly eyeing up to $3bn for its latest flagship fundraise.

Lottery operator Sazka Group hits $4.2bn valuation thanks to hefty Apollo Global investment

European lottery operator Sazka Group has picked up a €500m investment from private equity giant Apollo Global to value the business at about €4.2bn.

TA Associates hires Advent International fundraising expert as new global investor relations head

TA Associates has brought in Advent International fundraising exec Andrew Harris as its new global investor relations head.

Omnes seals debut Irish renewables deal as firm continues Capenergie 4 raise beyond €500m goal

Paris-based private equity and infrastructure investor Omnes has made its first Irish renewables deal by backing solar PV developer Power Capital Renewable Energy.

AlpInvest, APG private equity co-founder Iain Leigh joins The Riverside Company advisory board

Lower mid-market private equity specialist The Riverside Company has brought in former AlpInvest North America head Iain Leigh in the wake of his retirement from APG Asset Management.

CIVC Partners celebrates 50th year of existence with hard cap-beating $525m Fund VI close

Mid-market Chicago buyout house CIVC Partners has celebrated its 50th year in of investing by sealing a hard cap-beating $525m final close for its sixth flagship fundraise.

Värde Partners races to $1.6bn Covid dislocation fund close in just five months of virtual fundraising

Credit and distressed investment specialist Värde Partners has hauled in a target-busting $1.6bn for a new Covid-19 dislocation fund, just a year after raising its biggest-ever flagship buyout fund.

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