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Long Ridge picks new pair of partners in New Year promotions

Finance and business tech-focused buyout house Long Ridge Equity Partners has made a pair of partner promotions to start off the new year. The post Long Ridge picks new pair of partners in New Year

Warburg Pincus buys into Indian small business finance specialist Vistaar

Private equity giant Warburg Pincus has agree to buy a majority stake in Indian small business lender Vistaar Finance. The post Warburg Pincus buys into Indian small business finance specialist Vistaar first appeared on AltAssets

Verdane exits legal and finance software Scanmarket after doubling ARR

European investor Verdane has exited legal and finance software Scanmarket after doubling its annual recurring revenue. The post Verdane exits legal and finance software Scanmarket after doubling ARR first appeared on AltAssets Private Equity News.

Finance-focused Apis Partners brings in TechFin Investments duo as new partners

Financial services-focused private equity house Apis Partners has brought in a pair of new partners from growth investment house TechFin Investments. The post Finance-focused Apis Partners brings in TechFin Investments duo as new partners first

Thomas H Lee Partners buys into asset finance software business Odessa

Thomas H Lee Partners has picked up asset finance software specialist Odessa to build out the business. The post Thomas H Lee Partners buys into asset finance software business Odessa first appeared on AltAssets Private

Hg buys into financial automation, B2B payments software specialist Serrala

Software and services-focused private equity house Hg has made a majority investment in financial automation and B2B payments software business Serrala. The post Hg buys into financial automation, B2B payments software specialist Serrala first appeared

FinTech Collective raises $250m across new core fund, DeFi-focused vehicle

Venture Capital firm FinTech Collective has closed a pair of funds, which have a combined value of $250m and will invest into FinTechs around the world. The post FinTech Collective raises $250m across new core

Resolute Capital Partners names EnergyFunders co-founder Minshew to new president of energy role

Private equity firm Resolute Capital Partners has brought in energy, finance and tech industry veteran Casey Minshew for its newly-created role of president of energy.

Thoma Bravo said to ride Covid’s digital payments rise with MeridianLink IPO

US private equity major Thoma Bravo is reportedly prepping an IPO of financial services software business MeridianLink which could value the company at more than $3bn including debt.

Private equity buyouts, refinancing set to power strong leveraged finance market in 2021 – MUFG

Next year is shaping up to be a strong on for leveraged finance thanks to M&A and refinancing activity, according to the Capital Markets group at Mitsubishi UFJ Financial Group (MUFG).

Apiary Capital eyes IFA industry consolidation with Radiant Financial Group investment

Apiary Capital has backed the launch of independent financial advisory buy-and-build business Radiant Financial Group through a capital investment.

JC Flowers, Pelican Ventures team up to buy reinsurer Ariel Re from Argo Group

Private equity pair Pelican Ventures and JC Flowers have agreed to pick up reinsurance franchise Ariel Re from Argo Group.  Ariel Re is a global underwriter of property and casualty reinsurance operating through Lloyd’s Syndicate 1910.

Pathway Capital boosts speciality finance team with double hire

Specialist lender Pathway Capital has boosted its team with the hires of Bobby Turner and Manny Singh.

‘Chronic under-representation’ of black talent in UK finance in sights of new PE-backed initiative

A string of UK private equity houses are part of a new initiative to help fight what it describes as the chronic under-representation of black talent in British financial institutions.

Financial wellness specialist PayActiv pulls in $100m for Series C round

Financial wellness platform PayActiv has bagged $100m in its Series C funding round to increase its customer base.

Ex-Facebook pair seal $110m final close for second Electric Capital fundraise

Fintech and cryptocurrency-focused venture investor Electric Capital has struck a $110m final close for its sophomore fundraise.

Crestview Partners commits to water-focused finance company Upwell

Crestview Partners has invested in San Francisco-based water-focused specialty finance company Upwell Water.

Ex-Mastercard CEO, president Lockhart brings expertise to Blackstone as senior advisor

Former Mastercard president and CEO Gene Lockhart has been hired by Blackstone as a senior advisor, with a focus on the firm's growth equity and opportunistic investment units.

Private equity returns surge as coronavirus causes ‘sugar rush’ of demand in some sectors – PwC

US private equity return multiples have surged this year after the global coronavirus pandemic caused a 'sugar rush' of sudden demand in certain sectors, new research shows.

Carlyle, Microsoft, Google among big-name backers for Cambrian Asset Management round

Global private equity house Carlyle and tech heavyweights Google, Microsoft and Instagram were among backers of Cambrian Asset Management in its latest investment round.

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