Former Lanistar staff allege sexism, bullying and a ‘loser’s table’ for missing targets

The fintech firm faces criticism over what former employees call a ‘toxic’ culture amid funding issues

UK Spac investors in line for greater protections

The watchdog is pressing ahead with plans to control Spacs

NatWest Pension Trustee teams with Legal & General to build home for elderly

Legal & General and NatWest Pension Trustee Limited (NWPTL) to establish a 15-year joint venture partnership.   The post NatWest Pension Trustee teams with Legal & General to build home for elderly first appeared on

Pennybacker makes three promotions, names Beier principal and COO

Real Estate private equity firm Pennybacker Capital Management has made three promotions in recognition of their contribution. The post Pennybacker makes three promotions, names Beier principal and COO first appeared on AltAssets Private Equity News.

Gresham House seals £3.3m deal in backing business integration software Patchworks

Software focused Gresham House Ventures has made a £3.3m investment in e-commerce business automation software Patchworks to capitalise on the “continued growth of e-commerce”. The post Gresham House seals £3.3m deal in backing business integration

Apollo to buy Lumen’s ILEC business for $7.5bn, 5.5x adjusted EBITDA

Global buyout major Apollo has agreed to back part of the incumbent local exchange carrier business of Lumen Technologies for $7.5bn, including debt assumption of approximately $1.4bn. The deal valued the company at around 5.5x

MassPRIM has record-breaking year for annual returns  

The Massachusetts Pension Reserves Investment Management Board (MassPRIM) has broken its record for the highest fiscal year return.  The post MassPRIM has record-breaking year for annual returns   first appeared on AltAssets Private Equity News.

SVP boosts AUM to $17.5bn with $5bn fund V close, doubling the size of Fund IV

Strategic Value Partners has hit a final close on $5bn for Strategic Value Special Situations Fund V, well above its initial target of $4bn. The investment vehicle almost doubled the size of its predecessor Fund

Limited Partners
Atalaya exits investment in SAILS and Patterns

Atalaya exits investment in SAILS and Patterns

Opalesque Industry Update - Atalaya Capital Management LP, an alternative asset manager focused on private credit and special opportunities investments, has exited its investment in The SAILS Group, Inc., a provider of residential care homes

Lakemore Partners adds to US team

Opalesque Industry Update - Lakemore Partners Ltd. and its group entities, a leading private credit investment firm primarily investing in control CLO equity, today announced it has named Dan Norman Managing Director and Head of

Pharma and Healthcare
Bridges reaps 2.5x return on sale of Wholebake to Elysian

Bridges reaps 2.5x return on sale of Wholebake to Elysian

Elysian Capital has acquired UK-based healthy snacks producer Wholebake from Bridges Fund Management.

Thoma Bravo, JMI Equity back workspace booking software Condeco to capitalise on post-pandemic flexible working culture

Global buyout giant Thoma Bravo has partnered with JMI Equity to buy into workspace booking software Condeco. The post Thoma Bravo, JMI Equity back workspace booking software Condeco to capitalise on post-pandemic flexible working culture

Hard tech focused Root Ventures looks to raise $150m for third fund

San Francisco-based venture capital firm Root Ventures is looking to raise $150m for its third fund, AltAssets has learned. If reaching the target, the fund will double the size of its predecessor Fund II. The

PAI Partners enters into $3.3bn deal to buy into Tropicana, Naked juice

French private equity house PAI Partners has agreed to buy juice brands including Tropicana and Naked across North America from PepsiCo for $3.3bn.  The deal also includes an irrevocable option to sell buy certain juice

Angel / Venture
CVC to secure 10% La Liga stake for EUR 2.7bn

CVC to secure 10% La Liga stake for EUR 2.7bn

La Liga, the major football league in Spain, has agreed a 10% stake sale to private equity house CVC Capital Partners.

Angel / Venture
Podcast: In conversation with… Kerry Baldwin, IQ Capital & BVCA

Podcast: In conversation with… Kerry Baldwin, IQ Capital & BVCA

Deep-tech investing expert, IQ Capital co-founder and current BVCA chair Kerry Baldwin sits down with Unquote editor Greg Gille for a wide-ranging discussion in this week's episode of the Unquote Private Equity Podcast.

Software and Hi-Tech
SVPGlobal closes SVSS V at USD 5bn hard-cap

SVPGlobal closes SVSS V at USD 5bn hard-cap

Strategic Value Partners (SVPGlobal) has held a final closing for Strategic Value Special Situations Fund V (SVSS V), a global debt fund, on its hard-cap of USD 5bn.

Four Mile Capital Closes Their 14th Acquisition, Their First in the…

Four Mile Capital, a privately-held real estate investment firm based in Louisville, CO, has acquired the Scenic Woods Apartments, a 144-unit multifamily community in Manhattan, KS.(PRWeb August 04, 2021)Read the full story at https://www.prweb.com/releases/four_mile_capital_closes_their_14th_acquisition_their_first_in_the_state_of_kansas/prweb18094949.htm

Catalyst Cannabis Co. Establishes First Private Sector Social Equity…

Catalyst Cannabis Co. Establishes First Private Sector Social Equity Incubator Pusherman Delivery Marking the First Social Equity Applicant Run Cannabis Delivery Business in Long Beach, CA.(PRWeb August 04, 2021)Read the full story at https://www.prweb.com/releases/catalyst_cannabis_co_establishes_first_private_sector_social_equity_incubator_pusherman_delivery/prweb18026908.htm

Prudent Growth Partners Completes its Purchase of 4160 Piedmont Office…

Prudent Growth has completed its acquisition of a 28,000 sq. ft. office building located in Greensboro’s Piedmont Triad Airport Submarket.(PRWeb August 04, 2021)Read the full story at https://www.prweb.com/releases/prudent_growth_partners_completes_its_purchase_of_4160_piedmont_office_building/prweb18114134.htm

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