CapRock surges past goal to close biggest ever fund on almost $700m

Industrial investor CapRock Partners has soared past its $450m goal for its new fund to reach almost $700m of capital commitments. The post CapRock surges past goal to close biggest ever fund on almost $700m

LPs are ploughing more capital into private equity – but one concern is keeping them awake at night

Institutional investors, family offices and foundations are on a private equity fund investment streak at the moment according to new data from Montana Capital Partners. The post LPs are ploughing more capital into private equity

TA Associates scores double insurance deal for Adcubum, tech11

TA Associates has made a double deal for health and property & casualty insurance software provider Adcubum and tech11, a fast-growing insurance software provider serving the P&C market in Germany and across Europe. The post

Big Italian pension funds help EOS bring second renewable infra fund to €120m

Sustainability-focused investment manager EOS has brought its second renewable infrastructure fundraise to more than €120m through a swath of new subscriptions. The post Big Italian pension funds help EOS bring second renewable infra fund to

Blackstone seals biggest Asia core-plus real estate deal yet by agreeing DALT stake buy from GIC

Global buyout giant Blackstone has agreed its biggest-ever deal in its core-plus Asia real estate strategy with the acquisition of GIC's 49% stake in the Dexus Australia Logistics Trust. The post Blackstone seals biggest Asia

TCV-backed Grupa Pracuj lists in EUR 1bn IPO

Poland-headquartered online recruitment company Grupa Pracuj – a portfolio company of US-headquartered growth investor TCV – has listed on the Warsaw Stock Exchange at a PLN 5.039bn (EUR 1.09bn) valuation.

Advent races past target for second tech fund to reach $4bn final close

Global buyout major Advent International has surged to a $4bn final close for its second dedicated tech fundraise, soaring past its initial target. The post Advent races past target for second tech fund to reach

EQT leads series E round for €4.9bn Mambu, largest financing round to date for banking software platform

Global buyout major EQT led a series E funding round in SaaS banking platform Mambu, boosting its valuation to €4.9bn which makes it one of the highest-valued B2B SaaS companies founded in Europe. The post

Another $350m of PennSERS alts commitments sees firm back PE, credit and RE funds

US pension giant PennSERS has made $350m of new commitments across private equity, credit and real estate. The post Another $350m of PennSERS alts commitments sees firm back PE, credit and RE funds first appeared on

Eir Ventures picks up over €122m of investing power focused on Nordic life science sector

Nordic life science-focused venture capital house Eir Ventures has hit a €122.3m final close for its debut fundraise. The post Eir Ventures picks up over €122m of investing power focused on Nordic life science sector

Actis sells Nigerian mattress maker Mouka for the second time, deal worth about $70m

Emerging markets investor Actis has scored an exit of Nigerian mattress and bedding product maker Mouka to Moroccan trade buyer Dolidol in a deal worth about $70m. Actis originally invested in Mouka way back in 2007, before

Beechbrook brings in £120m for first close of third UK SME credit fund

Specialist direct lender Beechbrook Capital has hit a £120m first close for its third UK SME-focused fundraise. The post Beechbrook brings in £120m for first close of third UK SME credit fund first appeared on

PE firms study rivals' IPOs as they consider options

Private equity firms across Europe are looking closely at a recent slew of peer listings such as Bridgepoint and Petershill as they mull options for their own businesses.

Sun Capital brings in experenced exec pair to bolster investor relations, ESG

Sun Capital Partners has brought in an investor relations veteran and a vice president of ESG in the wake of a triple partner promotion in September. The post Sun Capital brings in experenced exec pair

Quilvest Capital buys into Southern California urgent care clinic chain UrgentMED

Quilvest Capital Partners has made a substantial growth investment in UrgentMED, a network of urgent care clinics in Southern California. The post Quilvest Capital buys into Southern California urgent care clinic chain UrgentMED first appeared

JF Lehman buys Narda-MITEQ from defence specialist L3Harris Technologies

Private equity house JF Lehman & Co has bought the Narda-MITEQ division and the stock of Narda Safety Test Solutions from L3Harris Technologies. The post JF Lehman buys Narda-MITEQ from defence specialist L3Harris Technologies first

OrbiMed promoted Matthew Rizzo, Peter Thompson as general partners

Healthcare investor OrbiMed has promoted Matthew Rizzo and Peter Thompson as general partners. The post OrbiMed promoted Matthew Rizzo, Peter Thompson as general partners first appeared on AltAssets Private Equity News.

Triton to take UK pharmaceutical firm Clinigen private in a £1.2bn deal

European private equity house Triton has agreed a £1.2bn take private deal with UK pharmaceutical firm Clinigen. The post Triton to take UK pharmaceutical firm Clinigen private in a £1.2bn deal first appeared on AltAssets

Kainos sells kids’ drink business good2grow to Wind Point after expanding product range

Food and consumer-focused private equity house Kainos Capital has sold kids' drinks company good2grow to Wind Point Partners. The post Kainos sells kids’ drink business good2grow to Wind Point after expanding product range first appeared

Israel’s Lool Ventures races towards Fund III goal through $60m first close

Israel-based seed invstor Lool Ventures has hit a $60m first close for its third fundraise, putting it well on the way to its goal. The post Israel’s Lool Ventures races towards Fund III goal through

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