Financial services-focused private equity house JC Flowers has raised more than $1.1bn for the final close of its fifth flagship fundraise. The post JC Flowers continues recovery from troubled $7bn Fund II investments by raising
JP Morgan Global Alternatives has made two hiring to enhance its private market capabilities. The post JP Morgan Global Alternatives makes two hires to enhance private market capabilities first appeared on AltAssets Private Equity News.
Florida State Board of Administration has committed $180m to Apollo Accord Fund V, P&I reported quoting a new manager report. The post Apollo’s dislocation credit fund gets Florida State Board of Administration backing first appeared
$272bn-managing New York State Common Retirement Fund has announced its latest round of $3.8bn of allocation to alternatives and private equity. The post New York State Common Retirement Fund makes $732m private equity allocation first
Consumer-focused private equity firm VMG Catalyst has boosted its capital raised to $650m with latest $400m Fund II close. The post VMG Catalyst boosts capital raised to $650m with latest fund close first appeared on
Public Investment Fund has committed $300m to Rakiza, an infrastructure fund co-managed by Oman Infrastructure Investment Management and Equitix. The post Saudi Arabia, Oman-focused Rakiza gets $300m backing from Public Investment Fund first appeared on
KKR has agreed to sell Minnesota Rubber and Plastics to Trelleborg Group at $950m enterprise value. The post KKR nods to $950m deal for Minnesota Rubber and Plastics exit first appeared on AltAssets Private Equity
Private equity major Cinven has agreed to exit working-at-height devices maker Tractel for €500m enterprise value. The post Cinven to exit working-at-height devices maker Tractel after seven-year hold first appeared on AltAssets Private Equity News.
The board of Ontario Teachers’ Pension Plan has agreed to exit funeral services company Mémora Group to Spanish insurance company Grupo Catalana Occidente for a €600m enterprise value. The post OTPP to exit funeral service provider
Intermediate Capital Group has almost doubled its predecessor to close its eighth European Corporate fund on €8.1bn. The post ICG almost doubles Europe VII to close €8.1bn fund VIII first appeared on AltAssets Private Equity
Warburg Pincus has exited credit market data, intelligence and analytics provider Reorg to fellow private equity major Permira. The post Warburg Pincus to sell credit market date, analytics specialist Reorg to private equity peer Permira first
Multi-strategy private equity house Banner Ridge Partners has hit a $639m hard cap close for its second vehicle targeting distressed, special situations and credit fund, co-invest and early secondaries opportunities. The post Siguler Guff spin-out
UK-based Octopus Ventures has launched its first dedicated pre-seed fundraise targeting early-stage startups across Europe. The post Octopus Ventures strikes first close for first dedicated pre-seed fundraise first appeared on AltAssets Private Equity News.
Assured Healthcare Partners, the specialist investor backed by Carlyle arm AlpInvest, has struck a $750m-plus fund close. The post AlpInvest-backed healthcare investor Assured hits $750m fund close first appeared on AltAssets Private Equity News.
Healthcare-focused buyout house Havencrest Capital Management has hired Alek G. Blankenau from fellow Latticework Capital Management as principal. The post Havencrest adds Alek Blankenau as principal following Fund II close first appeared on AltAssets Private
Sentinel Capital Partners has acquired largest franchisee of Anytime Fitness Bandon Holdings. The post Sentinel buys into biggest Anytime Fitness franchisee first appeared on AltAssets Private Equity News.
Platinum Equity has entered into exclusive negotiations to carve out Imery's high temperature business for a valuation of €930m. The post Platinum in exclusive talks for €930m Imery high temperature business carve out first appeared
Global Asset Management firm Invesco has held the final close of Invesco Credit Partners Fund II on $644m. The post Invesco closes Credit Partners Fund II on $644m to target distressed credit, special situations opportunities
Tikehau Capital has held a €2.1bn final close for its flagship Direct Lending V fund. It has raised a record €3.3bn including commitments to the bespoke mandates and side vehicles of the same generation. The
Blackstone has agreed to buy into rooftop solar mounting system Esdec Solar Group from Rivean Capital. The post Blackstone to buy rooftop solar mounting system Esdec first appeared on AltAssets Private Equity News.
