Private equity dealmaking volume has continued its slump as the coronavirus pandemic weighs heavily on activity, with figures falling to a new 12-month low, data from Moody's subsidiary BvD shows.
The alternative assets industry is set for a swathe of staff continuing to work from home after the coronavirus lockdown ends, a new survey of managers within the industry reveals.
Apollo Global-backed CEC Entertainment, the parent company of novelty restaurant chain Chuck E Cheese, has filed for bankruptcy protection in the wake of the coronavirus crippling its operations.
BNP Paribas Asset Management has raised more than €570m for the final close of its second Euro SME Debt Fund, following its first fund completing its investment period earlier this year.
Central Europe-focused private equity house Genesis Capital has launched a €150m fundraise for its sixth flagship buyout vehicle.
Hot on the heels of raising $1.2bn for its biggest ever fundraise, FTV Capital has bought into capital markets financial technology and services company Derivative Path through a $35m growth equity funding.
Consumer brands-focused private equity investor Yellow Wood Partners has named veteran beauty and cosmetics CEO James Stammer as an operating partner.
Professional services firm Grant Thornton LLP has picked Carlos Ferreira as its US managing partner for private equity ahead of the impending retirement of Doug Gawrych.
AI-automated sports production business Pixellot has picked up a $16m investment round led by current backed Shamrock Capital Advisors.
Warburg Pincus-backed data privacy platform Privitar has raised an additional $7m for its Series C round, having initially closed the round on $80m in April.
Clearlake Capital Group has acquired a majority stake in investment management firm WhiteStar Asset Management from Pine Brook Capital Partners.
Chicago-based private firm Linden Capital Partners has named Katie Kornel as partner of investor relations.
KKR has hauled in more than $10bn for its fourth pan-Asian private equity fund, putting it within a whisker of becoming the biggest-ever PE vehicle raised targeting the region.
A string of private equity giants are reportedly circling Unilever's tea business for a buyout which could see it valued at more than £5bn.
UK-based private equity house Tenzing has raced to a £400m final close for its sophomore fund in what is believed to be the first buyout fund raised entirely virtually.
Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business.
Charlesbank Capital is the latest private equity firm to buy in to enterprise resource planning business Aptean.
Healthcare-focused private equity firm Grant Avenue Capital has brought in experienced investor Preston Brice as its newest partner.
Event management software business Aventri has closed a strategic growth equity round with current private equity investors HGGC and Level Equity.
Specialist investment firm Corten Capital has held the €392m final close for its maiden fund, which will back technology-driven B2B services.
