CD&R, TPG team up for $4bn-Covetrus take private deal

Global buyout giant Clayton, Dubilier & Rice and TPG Capital has agreed to take animal-health technology company Covetrus private at $4bn valuation. The post CD&R, TPG team up for $4bn-Covetrus take private deal first appeared on

NEA passes $5bn for latest fundraising pair

Venture capital giant New Enterprise Associates has hauled in more than $5bn across its latest pair of hefty fundraises. The firm has picked up capital close to its $2.9bn target for a new early-stage investment fund

Andreessen Horowitz raises huge $4.5bn crypto fund as bitcoin, altcoins continue to slump

Venture capital major Andreessen Horowitz has doubled down on its belief in the future of the cryptocurrency market by hauling in $4.5bn for a new fund. The post Andreessen Horowitz raises huge $4.5bn crypto fund

FFL Partners closes $917m Fund V, half the size of its $2bn predecessor

FFL Partners has raised just over $900m for the final close of its fifth flagship fundraise - its first since beginning its management succession process from its co-founders. The post FFL Partners closes $917m Fund

Security, privacy-focused SYN Ventures hits $300m Fund II close, less than a year after raising $160m debut fund

SYN Ventures, a VC house focused on security and cybersecurity, national defense, privacy, regulatory compliance and data governance, has closed its second fund on $300m. The post Security, privacy-focused SYN Ventures hits $300m Fund II

Buckingham eyes $1bn of dealmaking, development through two new real estate funds

Real estate investor Buckingham Companies has hit a $215m final close for its second value-add multifamily fundraise, as well as reaching a first close for a $160m-targeting development fund. The post Buckingham eyes $1bn of

Advent’s $25bn megafund among new Rhode Islands SIC alternatives commitments

The $10bn-managing Rhode Island State Investment Commission has picked out Advent International's $25bn megafund among its latest alternatives commitments. The post Advent’s $25bn megafund among new Rhode Islands SIC alternatives commitments first appeared on AltAssets

Pantheon smashes target to close PSD II on $834m, hires Palmer as newly-created global head of ESG

Private equity major Pantheon has smashed its initial target of $500m to closed its Senior Debt II USD fund on $834m. The post Pantheon smashes target to close PSD II on $834m, hires Palmer as

Quad-C soars to $1.7bn for tenth flagship fundraise, well up on Fund IX total

Private equity house Quad-C Management has hit new fundraising heights by bringing in about $1.7bn for the final close of its tenth flagship investment vehicle. The post Quad-C soars to $1.7bn for tenth flagship fundraise, well

PayPal Ventures founding member Peter Sanborn named Arbor Venture general partner

Former senior PayPal exec Peter Sanborn has been hired as a general parter at Arbor Ventures, a global venture capital firm investing in financial services and technology. The post PayPal Ventures founding member Peter Sanborn named

AfricInvest beats hard cap for biggest-ever fundraise, eyes African mid-cap deals

AfricInvest has closed its biggest ever fund on more than $400m, targeting African mid-cap companies. The post AfricInvest beats hard cap for biggest-ever fundraise, eyes African mid-cap deals first appeared on AltAssets Private Equity News.

Angelo Gordon soars past $3bn goal for second credit solutions fund

Credit and real estate investment major Angelo Gordon has beaten its $3bn target for its second credit solutions fund after seven months in the market. The post Angelo Gordon soars past $3bn goal for second

Trivest Partners ups fund sizes again with over $1.5bn across two new vehicles

Miami-based private equity house Trivest Partners has raised more than $1.5bn across its latest two funds - a hefty increase compared to their predecessor vehicles. The post Trivest Partners ups fund sizes again with over

Verdane exits corporate management software Clausion after doubling annual recurring revenues

European investor Verdane has exited corporate management software Clausion in a trade deal to insightsoftware, after almost doubling the company's annual recurring revenues. The post Verdane exits corporate management software Clausion after doubling annual recurring

Tyree & D’Angelo Partners hits $350m Fund III hard cap

Chicago-based mid-market investor Tyree & D'Angelo Partners has hit a $350m hard cap final close for its third fund. The post Tyree & D’Angelo Partners hits $350m Fund III hard cap first appeared on AltAssets

Centre Capital buys back seafood restaurant business Captain D’s from Sentinel Capital Partners

Sentinel Capital Partners has sold seafood quick-service restaurant chain Captain D's to fellow private equity house Centre Partners. The post Centre Capital buys back seafood restaurant business Captain D’s from Sentinel Capital Partners first appeared

KKR leads new funding round in US cybersecurity firm Semperis, joins by Insight Partners, Ten Eleven Ventures

KKR has led a $200m funding round in US cybersecurity software firm Semperis at a valuation said to be substantially higher than in its previous round which valued the company at $142m. The post KKR

Second director-level hire in weeks for Lead Capital Partners sees Carl Grote join team

Healthcare-focused buyout house Lead Capital Partners has made its second director-level hire in just a few weeks by bringing in Carl Grote. Grote previously worked in the investment banking departments of Janney Montgomery Scott and Robert

Golden Gate Capital bags $479m sale of engine lubricant specialist PetroChoice

Golden Gate Capital has sold engine lubricant and services business PetroChoice to Moove, a subsidiary of Brazilian conglomerate Cosan, in a $479m deal. The post Golden Gate Capital bags $479m sale of engine lubricant specialist

Advent pulls in $25bn to close second-largest private equity fund ever raised

Private equity giant Advent International has raised the second-largest private equity fund in history by bringing in $25bn for its new flagship investment vehicle, GPE X. The post Advent pulls in $25bn to close second-largest

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