The First Big IPO of 2022 is TPG

The private equity firm’s trading debut is seen as a gauge for the health of the market.

Portfolio Company News
KKR and Velero expand residential real estate portfolio with the acquisition of around 14,400 units from Adler Group

KKR and Velero expand residential real estate portfolio with the acquisition of around 14,400 units from Adler Group

Frankfurt, Berlin, 13 January 2022 – KKR, a leading global investment firm, today announced that KKR has signed definitive agreements to acquire a portfolio of c. 14,400 residential and commercial real estate units from Adler

TPG, a Private Equity Firm, Goes Public

The firm, which was valued at $9 billion in its I.P.O., must convince investors that it can compete with its publicly traded rivals.

GIC, Tiger Global take part in $1bn funding round for $40bn-Checkout.com

Global payments processor Checkout.com has raised $1bn in series D leading to a $40bn valuation, doubling the valuation in series C a year ago. The post GIC, Tiger Global take part in $1bn funding round

General Partners
Petershill IV closes on USD 5bn

Petershill IV closes on USD 5bn

Petershill Partners, the London Stock Exchange-listed GP operated by Goldman Sachs Asset Management, has held a final close on USD 5bn for its latest GP minority stakes fund, Petershill IV.

Blackstone holds new fund close leading to $8.75bn dry powder for private debt strategy

Blackstone has held a final close for Blackstone Capital Opportunities Fund IV, leading to $8.75bn available for the firm's private debt strategy. The post Blackstone holds new fund close leading to $8.75bn dry powder for

North Sky closes third sustainable infrastructure fund on $200m

Impact investor North Sky Capital has closed its third sustainable infrastructure fund on $200m. The post North Sky closes third sustainable infrastructure fund on $200m first appeared on AltAssets Private Equity News.

Software and Hi-Tech
Golding holds EUR 280m close for first secondaries fund

Golding holds EUR 280m close for first secondaries fund

Golding Capital Partners has held a final close for its first dedicated secondaries fund on EUR 280m, surpassing its EUR 200m target.

Golding closes debut secondaries fund on €280m, follow-on fund to launch in months

German buyout house Golding Capital Partners has held a final close of its first secondaries fund on €280m, significantly beating its original target of €200m. The post Golding closes debut secondaries fund on €280m, follow-on fund

Pemberton opens new Dubai office, hires Ghamgui from BlackRock as MD and head of Middle East and Africa

European private credit manager Pemberton has hired BlackRock senior exec Anis Ghamgui to lead the newly opened Dubai office. The post Pemberton opens new Dubai office, hires Ghamgui from BlackRock as MD and head of

IPO
TPG raises USD 835m in USD 9bn IPO

TPG raises USD 835m in USD 9bn IPO

Global private equity firm TPG has set its final share price at USD 29.50, mid-range in its USD 28-31 indicative pricing.

Software and Hi-Tech
Altimeter, Dragoneer et al. in USD 1bn round for Checkout.com

Altimeter, Dragoneer et al. in USD 1bn round for Checkout.com

Primary investors including US-based investment firms Altimeter Capital and Dragoneer Investment Group have participated in a USD 1bn Series D round for UK-based Checkout.com, a global payment processor, reaching a valuation of USD 40bn.

Advent, Viking lead $400m round in payment platform Global Processing Services

Global payment platform Global Processing Services has closed a $400m fundraising round led by Advent International and Viking Global Investors. The post Advent, Viking lead $400m round in payment platform Global Processing Services first appeared on

TPG raises $1bn in IPO at a valuation of $9.1bn

Global buyout major TPG has priced its IPO at $29.5 per share, valuing the firm at $9.1bn. The post TPG raises $1bn in IPO at a valuation of $9.1bn first appeared on AltAssets Private Equity

Event
ArchiMed launches second mid-cap fund

ArchiMed launches second mid-cap fund

Healthcare-focused private equity firm ArchiMed is launching its second mid-cap fund, Med Platform II, the GP has told Unquote.

Crown Resorts board likely to back Blackstone’s sweetened $6.5bn takeover offer

Global buyout giant Blackstone has come closer to a Crown Resorts acquisition with a revised offer of A$13.1 per share, valuing the company at A$ 8.87bn. The casino operator's board said it was likely to

Software and Hi-Tech
Highland, HPE Growth's WeTransfer announces intention to float

Highland, HPE Growth's WeTransfer announces intention to float

WeTransfer, a Netherlands-based online file transfer service backed by Highland Capital Partners and HPE Growth Capital, has announced its intention to float on Euronext Amsterdam.

Jet Edge International Receives Further Investment from KKR

LOS ANGELES--(BUSINESS WIRE)--Jet Edge International, the Ohio-based private aviation company, has raised an additional $75 million of funding from credit funds and accounts managed by KKR. The new funding expands KKR’s total credit and equity

Aiden Florida Bancshares, Inc. To Acquire Majority Ownership Of…

First National Bank of Pasco (“FNB”), has entered into a stock purchase agreement whereby Aiden Florida Bancshares, Inc., will seek to acquire 65% to 80% of the outstanding shares of Florida...(PRWeb January 13, 2022)Read the

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