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Category: Technology

NEA brings AUM to over $25bn with hefty new double fund close

Venture capital giant New Enterprise Associates has hauled in $6.2bn across a pair of new funds, splitting its flagship fundraise across two different vehicles for the first time. The post NEA brings AUM to over $25bn

Blackstone agrees $14bn buyout of Emerson’s climate tech business

Blackstone has agreed a $14bn buyout of the climate technologies business of engineering and software major Emerson. The post Blackstone agrees $14bn buyout of Emerson’s climate tech business first appeared on AltAssets Private Equity News.

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.

SE Asia-focused Insignia Ventures collects $516m of capital commitments

Southeast Asia-focused early-stage technology venture capital firm Insignia Ventures has collected $516m across two funds as the firm hits its fifth anniversary. The post SE Asia-focused Insignia Ventures collects $516m of capital commitments first appeared

Unstoppable Domains becomes unicorn with Pantera-led funding round

Blockchain and crypto technology-focused investor Pantera Capital has led a latest $65m funding round in Web3 digital identity platform Unstoppable Domains, boosting its valuation to $1bn. The post Unstoppable Domains becomes unicorn with Pantera-led funding

KKR eyes up to $1.5bn for first Asia-focused technology growth fund – report

Buyout major KKR has launched its first Asia-focused technology growth fund, targeting $1bn to $1.5bn, AVCJ reported quoting two sources familiar with the matter. The post KKR eyes up to $1.5bn for first Asia-focused technology

KKR in talks with ANZ for MYOB divestment, deal said to be over A$4.5bn

KKR is in talks with the Australia and New Zealand Banking Group to divest software firm MYOB. Local media said the deal can be priced at over A$4.5bn ($3.04bn). The post KKR in talks with

Francisco Partners cements place among private equity giants with $17bn double fundraise

Tech-focused investor Francisco Partners has raised a mammoth $17bn across its new flagship private equity fund and a new growth vehicle. The post Francisco Partners cements place among private equity giants with $17bn double fundraise

Israel Secondary Fund triples predecessor to close new fund on $312m

Israel Secondary Fund has raised its third fund totalling $312m, tripling its predecessor that was closed on $100m in 2017. The post Israel Secondary Fund triples predecessor to close new fund on $312m first appeared

Cathay Capital launches €500m health fund for tech-enabled healthcare, life science investments

Cathay Capital has launched a new €500m health fund to invest in healthcare, life sciences and technology. The post Cathay Capital launches €500m health fund for tech-enabled healthcare, life science investments first appeared on AltAssets

Thoma Bravo said to be instrumental for Musk’s Twitter acquisition

Software-focused PE house Thoma Bravo is reported in talks with Tesla chief executive Elon Musk to partner for a possible takeover bid for Twitter, New York Post reported quoting two sources. The post Thoma Bravo

Framework Ventures boosts AUM to $1.4bn with new fundraise, expecting ‘explosion of growth’ for blockchain

DeFi-focused venture capital firm Framework Ventures has boosted its assets under management to $1.4bn with its latest fund close. The firm has closed its oversubscribed third fund on $400m. The post Framework Ventures boosts AUM to

Serena Williams’ investment firm backs sports marketing tech start-up OpenSponsorship

Serena Ventures, the investment firm of tennis star Serena Williams, has made a seven-figure investment in sports marketing tech start-up OpenSponsorship. The post Serena Williams’ investment firm backs sports marketing tech start-up OpenSponsorship first appeared

Savano Capital sees $300m in AUM thanks to new fund close

Technology-focused Savano Capital Partners has boosted its AUM to over $300m thanks to its new fund close. The post Savano Capital sees $300m in AUM thanks to new fund close first appeared on AltAssets Private

Hiro launches €300m second fund at ‘pivotal moment in Metaverse, VR, AR, Web3’

Venture Capital firm Hiro Capital has launched a €300m second videogames and Metaverse technologies venture fund, almost tripling the size of its predecessor. The post Hiro launches €300m second fund at ‘pivotal moment in Metaverse,

Thoma Bravo invests into UserZoom at $800m valuation

Thoma Bravo has invested into digital user experience company UserZoom at a valuation of $800m. The post Thoma Bravo invests into UserZoom at $800m valuation first appeared on AltAssets Private Equity News.

Insight Partners closes biggest high-growth tech fundraise ever with $20bn of commitments

Software investor Insight Partners has closed the largest high-growth tech fundraise ever with over $20bn of commitments for Fund XII, along with a dedicated co-invest fund.  The post Insight Partners closes biggest high-growth tech fundraise

OceanSound Partners races past debut fund target to hit $780m final close

Tech investor OceanSound Partners has breezed past its target for its inaugural fund to reach an impressive $780m final close. The post OceanSound Partners races past debut fund target to hit $780m final close first

Nokia’s venture arm NGP Capital closed $400m Fund V for 5G-era investments

NGP Capital, a venture capital firm with Nokia as its sole investor, has closed Fund V with $400m funding from the technology company. The post Nokia’s venture arm NGP Capital closed $400m Fund V for

One Equity Partners to acquire Trustmarque from Capita for £111m

One Equity Partners has agreed to acquire Trustmarque from Capita for £111m. The post One Equity Partners to acquire Trustmarque from Capita for £111m first appeared on AltAssets Private Equity News.

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