Charlesbank Capital Partners has held a $700 million, oversubscribed, and hard cap closing of Charlesbank Credit Opportunities Fund II LP. The new fund’s original target was $500 million. Fund II has more than 30 institutional
The private equity giant would boost assets under management and give itself a stronger hold in the insurance sector
Global private equity major KKR has agreed a strategic buyout of retirement and life insurance company Global Atlantic.
S7V and Presight Capital have backed a €4m extension to business banking startup Penta's series-B funding round, bringing its series-B total to €22.5m.
A consortium-led by Henderson Land Development is in talks with banks for a new loan to support its development of a residential project in Hong Kong.
PAIR Finance, a debt collection and receivables management platform, has scored €2m in funding as it continues its growth efforts.
Searchlight Capital portfolio company Global Risk Partners (GRP) has acquired domestic healthcare broker Premier Choice Healthcare.
The real estate arm of global investment management and insurance group Principal has brought in veteran investor John Kropke as managing director of its US and European business.
Publicly traded Genuine Parts Company has completed the sale of its S.P. Richards (SPR) operations through two separate transactions. GPC’s first transaction was the sale of SPR’s Cleveland-based Supply Source Enterprises (SSE), comprised of The
Brockhaus Capital Management (BCM) is aiming to list on the Frankfurt Stock Exchange in Q3 2020.
In response to the disruption and forced show closures as a result of the COVID-19 pandemic, Cirque du Soleil Entertainment Group has filed for protection from creditors in Canada – under the Companies’ Creditors Arrangement
According to Datasite, over the next five years new technologies, including artificial intelligence, will transform the mergers and acquisitions process by decreasing the time it takes to perform due diligence to less than a month
HV Holtzbrinck Ventures has led a €60m round for Germany-based banking startup SolarisBank.
Asset managers have been given a massive vote of confidence from insurers, with the vast majority confident their investment managers can navigate the current financial crisis caused by COVID-19, new research reveals.
Lincoln International has announced new appointments in its DACH-based healthcare investment banking team, hiring Dirk Loeffler, Julian Knirim and Jens Gerlach from Raymond International.
Insurance chatbot Hi Marley has closed an $8m Series A1 led by True Ventures and Underscore VC.
Royalton-backed Romanian insurer Certasig has entered bankruptcy, following a request by the country’s Financial Supervisory Authority (ASF).
New alternative business banking platform Zeller has reportedly raised AUD $6.3m ($4.3m) in a funding round as it aims for a 2021 launch.
Opalesque Industry Update - U.S. insurance companies increased their private equity holdings by nearly 10% in 2019 to $81.3 billion, marking the fourth straight year of increases. Private equity remains attractive to insurers looking to
