Apollo Global Management
Apollo CEO Leon Black says he regrets Jeffrey Epstein ties amid reports he wired up to $75m to the sex offender

Apollo CEO Leon Black says he regrets Jeffrey Epstein ties amid reports he wired up to $75m to the sex offender

Apollo Global Management's CEO Leon Black has written to the firm's investors to express his regret over his ties to Jeffrey Epstein following reports he wired up to $75m to the convicted sex offender.

Software and Hi-Tech
Lafayette Mittelstand Capital buys Geba Cables

Lafayette Mittelstand Capital buys Geba Cables

Lafayette Mittelstand Capital has acquired Austria-headquartered Geba Cables in a carve-out from Gebauer & Griller Group (GG Group).

Fundraising
Sovereign V targets £450-500m fundraise in 2021

Sovereign V targets £450-500m fundraise in 2021

Sovereign Capital V is set to continue fundraising into 2021 towards a £450-500m target, according to a source close to the situation.

Appointments
The Riverside Company boosts B2B software, tech growth arm with new partner, associate

The Riverside Company boosts B2B software, tech growth arm with new partner, associate

Lower mid-market private equity specialist The Riverside Company has bolstered its B2B software and tech growth investment arm with the hire of a new partner and an associate.

Software and Hi-Tech
Amundi PEF targets two more 2020 deals following Megatendances II close

Amundi PEF targets two more 2020 deals following Megatendances II close

French player Amundi Private Equity Funds (Amundi PEF) held a first close for its Megatendances II platform at the end of Q2 and is feeling bullish on investment prospects in the coming months, according to

Actis
Actis powers up digital infrastructure investing with ZAR2.3bn Octotel buyout

Actis powers up digital infrastructure investing with ZAR2.3bn Octotel buyout

Global emerging markets private equity major Actis has agreed a ZAR2.3bn ($140m) buyout of South African fibre network operator Octotel.

AMP Capital
AMP Capital agrees sale of Spanish broadcast, telecoms business Axion to Asterion Industrial Partners

AMP Capital agrees sale of Spanish broadcast, telecoms business Axion to Asterion Industrial Partners

Infrastructure investment specialist AMP Capital has agreed the sale of Spanish broadcasting and telecoms business Axión to Asterion Industrial Partners.

Buyout
FPE Capital makes MaxContact latest investment from sophomore fund

FPE Capital makes MaxContact latest investment from sophomore fund

Software and services-focused private equity house FPE Capital has picked contact centre business MaxContact as the latest deal from its second fund.

Bain Capital Credit
Bain Capital Credit teams with Open Road Capital for vehicle dealership long-term investment strategy

Bain Capital Credit teams with Open Road Capital for vehicle dealership long-term investment strategy

Bain Capital Credit has teamed with Open Road Capital in a strategic partnership to make long-term equity investments in automobile, heavy truck, recreational vehicle and heavy equipment dealerships and other transportation companies.

Angel / Venture
Venture capital backers help pioneering Indian crypto exchange to $5m Series A round

Venture capital backers help pioneering Indian crypto exchange to $5m Series A round

Unocoin, which claims to be India’s first cryptocurrency exchange, has closed its Series A round on $55m.

Software and Hi-Tech
Pictet unveils debut tech-themed private equity fund

Pictet unveils debut tech-themed private equity fund

New strategy aims to invest $300m over four years

Buyout
Z Capital seals pair of new hires to boost credit team investment power

Z Capital seals pair of new hires to boost credit team investment power

Private equity and credit investment specialist Z Capital Group has brought in Egidio Carlino as a director alongside hiring a new senior associate.

Buyout
Pennsylvania Public School Employees’ Retirement System reveals trio of new private equity commitments

Pennsylvania Public School Employees’ Retirement System reveals trio of new private equity commitments

The $55.8bn-managing Pennsylvania Public School Employees' Retirement System has picked a trio of private equity funds in its latest round of commitments.

IPO
Blackstone-backed Finance of America is set for IPO

Blackstone-backed Finance of America is set for IPO

Lender to go public with a $1.9bn valuation by merging with blank-check firm Replay Acquisition

High Net Worth
Level 20 will map ethnic diversity in private equity for the first time

Level 20 will map ethnic diversity in private equity for the first time

Currently, there is no reliable data on the industry’s racial diversity as firms’ efforts have mostly concentrated on improving gender balance

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