Plant-based food and drink investor Powerplant expands to tech and services with hefty new $330m fund

Plant-based food and drink investment specialist PowerPlant Partners has raised $330m for its third fund, double the size of its sophomore vehicle. The post Plant-based food and drink investor Powerplant expands to tech and services

Bessemer breaks into growth buyout as it raises $4.6bn across two new funds

Early stage investment giant Bessemer Venture Partners has hauled in $4.6bn across a record-breaking flagship fund and its debut vehicle targeting growth buyout and minority investments in software and tech-enabled services companies. The San Francisco-based firm

Sentinel acquire online customizable safety signs maker SmartSign

Lower mid-market focused Sentinel Capital Parnters has acquired online customizable safety signs maker SmartSign. The post Sentinel acquire online customizable safety signs maker SmartSign first appeared on AltAssets Private Equity News.

BayPine closes inaugural PE fund on $2.2bn

Private investment firm BayPine has closed its inaugural private equity fund on $2.2bn. The post BayPine closes inaugural PE fund on $2.2bn first appeared on AltAssets Private Equity News.

Sequoia-backed MetaWeb Ventures launches first fund to target crypto start-ups

MetaWeb Ventures has launched its first fund to focus on pre-seed and seed investments in crypto start-ups. The post Sequoia-backed MetaWeb Ventures launches first fund to target crypto start-ups first appeared on AltAssets Private Equity

Duke Street agrees £213m deal to exit German medical tech business Medi-Globe to DCC

London-based PE firm Duke Street has agreed to sell German medical tech business Medi-Globe Technologies to FTSE 100 listed DCC for £213m. The post Duke Street agrees £213m deal to exit German medical tech business

LLCP brought in second investment management group director in two months

Levine Leichtman Capital Partners has brought in William Trevelyan Thomas as director in the firm's investment management group, making it the third senior hire in three months. The post LLCP brought in second investment management

Verdane hires Helena Svancar from Ericsson as partner in the investment team

European PE firm Verdane has hired Helena Svancar from Ericsson as partner in the investment team. The post Verdane hires Helena Svancar from Ericsson as partner in the investment team first appeared on AltAssets Private

Kim Kardashian partners with ex-Carlyle partner Jay Sammons to launch new PE firm

Reality television star and entrepreneur Kim Kardashian has teamed up with ex-Carlyle global head of consumer, media and retail Jay Sammons to set up new private equity firm SKKY Partners. The post Kim Kardashian partners

Hamilton Lane closes biggest ever fund in the strategic opportunities series just one year after predecessor

Hamilton Lane has closed its largest ever fund in the strategic opportunities series on $953m in commitments, just a year after closing its predecessor on $900m. The post Hamilton Lane closes biggest ever fund in

Eagletree taps $1.1bn Fund V for MacKenzie-Childs buyout

Eagletree Capital has tapped its $1.1bn Fund V to buy into American home decor brand MacKenzie-Childs from Castanea Partners. The post Eagletree taps $1.1bn Fund V for MacKenzie-Childs buyout first appeared on AltAssets Private Equity News.

Arcline adds Kings III to portfolio after building Standard Elevator

Arcline Investment Management has bought elevator and pool emergency monitoring business Kings III of America from Rockbridge Growth Equity and Thayer Street Partners after launching Standard Elevator in January. The post Arcline adds Kings III

Advent hires Susan Gentile as CFO to succeed Eileen Sivolella after 13 years in the role

Global buyout major Advent International has hired Susan Gentile from HIG Capital as CFO and managing director, succeeding long-time serving Eileen Sivolella. The post Advent hires Susan Gentile as CFO to succeed Eileen Sivolella after

Hiro Capital closes Fund II on €300m to target games, Metaverse innovators

Tech-focused venture capital firm Hiro Capital has closed its second fund on €300m. The post Hiro Capital closes Fund II on €300m to target games, Metaverse innovators first appeared on AltAssets Private Equity News.

Carve-Outs’ Popularity Soars as Businesses Pursue Growth

Posted by Gregory Pryor and Germaine Gurr, White & Case LLP, on Tuesday, September 6, 2022 Editor's Note: Gregory Pryor and Germaine Gurr are partners at White & Case LLP. This post is based on

Inflexion bolsters technology team with new head, partner

UK private equity house Inflexion has promoted Sergio Ferrarini as head of technology to replace Irina Hemmers, who has left the firm to lead Thoma Bravo's new London office.  The post Inflexion bolsters technology team

Cinven taps new financial services fund for Swedish insurance brokerage Säkra

European buyout major Cinven has agreed a buyout of Swedish insurance brokerage Säkra, one of the country's largest insurance intermediaries. The post Cinven taps new financial services fund for Swedish insurance brokerage Säkra first appeared

Fountainvest, TPG, WP among final bidders for Carlyle’s $1bn-targeting AmbioPharm exit

Carlyle is considering the final rounds of bids for its $1bn-targeting AmbioPharm exit from fellow buyout houses Fountainvest Capital Partners, TPG and Warburg Pincus, Reuters reported quoting sources. The post Fountainvest, TPG, WP among final

Baring PE Asia said to reach $11bn as it wraps up easily its biggest fund yet

Regional buyout giant Baring Private Equity Asia has reportedly raised about $11bn for easily its biggest fund to date. The post Baring PE Asia said to reach $11bn as it wraps up easily its biggest

VC dealmaking is defying macroeconomic concerns in UK & Ireland – but PE is struggling

As global inflation woes and a rising energy crisis continue to grow, the winners and losers of the current macroneconomic conditions are slowly beginning to emerge. The post VC dealmaking is defying macroeconomic concerns in

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