AUM
These 5 private equity billionaries just made it into Forbes’ 400 richest Americans list

These 5 private equity billionaries just made it into Forbes’ 400 richest Americans list

The global coronavirus pandemic has caused financial mayhem across the globe for businesses and families alike - but America's richest people have become even richer amid the crisis.

Public
Nord Holding acquires Bock

Nord Holding acquires Bock

Nord Holding has wholly acquired Bock – a company that produces piston compressors for cooling and refrigeration technology – from its listed parent company, GEA Group.

Software and Hi-Tech
HSBC joins rivals in freezing UK back-to-office plans as City braces for another lockdown

HSBC joins rivals in freezing UK back-to-office plans as City braces for another lockdown

The UK lender paused its plans to roll out 'phase one' of getting staff back to the office, with only 'critical' staff encouraged to come into both its branches and its office in Canary Wharf

General Partners
UK exits set to drag in Q3

UK exits set to drag in Q3

Following a dramatic drop in exit activity in Q2, early figures from the third quarter suggest that very few GPs will be in sell mode for the rest of year. Katharine Hidalgo reports

Angel / Venture
Inven, Contrarian lead €5m series A round for Eliq

Inven, Contrarian lead €5m series A round for Eliq

Swedish energy monitoring software company Eliq has raised €5m in a series-A funding round led by Inven Capital and Contrarian Ventures with participation from existing investors.

Software and Hi-Tech
Asda deal could be struck this month as Lone Star quits race

Asda deal could be struck this month as Lone Star quits race

One of the bidders, Apollo has already lined up a £3.75bn debt package to fund the purchase, a person told Private Equity News

A-Plan Group
Hg seals trade sale exit of A-Plan Group after more than doubling revenue at company

Hg seals trade sale exit of A-Plan Group after more than doubling revenue at company

European software and tech private equity specialist Hg has scored an exit of UK insurance intermediary A-Plan Group to international trade buyer Howden.

Angel / Venture
Howzat Partners to eye ailing travel sector with new €120m fundraise – report

Howzat Partners to eye ailing travel sector with new €120m fundraise – report

Howzat Partners is reportedly raising a new $120m fund as it looks to profit from startup opportunities in the ailing travel sector.

Software and Hi-Tech
Dust Off Desks and Boot Up Terminals: Wall St. Returns, Fitfully

Dust Off Desks and Boot Up Terminals: Wall St. Returns, Fitfully

New York’s finance industry is beginning to reoccupy offices in fits and starts, impeded by uncertainty around the virus.

AI
Flying Fish back eyeing $75m for sophomore machine learning, AI startup fundraise

Flying Fish back eyeing $75m for sophomore machine learning, AI startup fundraise

Seattle-based Flying Fish Ventures is back in the market for its second fundraise target AI and machine learning technologies.

Politics
The World Economic Forum will not be held in Davos in 2021

The World Economic Forum will not be held in Davos in 2021

The postponed meeting of global political and business leaders will also be moved from the location it has become synonymous with

Consumer Services
KKR to invest $755m in retail unit of India’s Reliance Industries

KKR to invest $755m in retail unit of India’s Reliance Industries

This is the firm's second investment in a Reliance unit, after digital services Jio Platforms

Angel / Venture
KKR to Invest ₹ 5,550 Crore in Reliance Retail Ventures

KKR to Invest ₹ 5,550 Crore in Reliance Retail Ventures

KKR’s Second Investment With Reliance Industries Fuels Growth of India’s Fastest Growing Retail Business and Its Transformational New Commerce Model MUMBAI, India--(BUSINESS WIRE)-- Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced

Large
AMB :- Blackstone holds $8bn final close for real estate debt fund

AMB :- Blackstone holds $8bn final close for real estate debt fund

Laxman Pai, Opalesque Asia: Blackstone has announced the final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies IV (BREDS IV). One of the world's largest owners of commercial proper...Article

All Transactions
Pamlico Buys ISAAC Instruments

Pamlico Buys ISAAC Instruments

Pamlico Capital has acquired ISAAC Instruments in partnership with the company’s founders. ISAAC Instruments designs and manufactures automated telemetry and video equipment that is used by truck fleets to monitor both drivers and trucks to

Software and Hi-Tech
KKR Announces Intra-Quarter Monetization Activity for the Third Quarter

KKR Announces Intra-Quarter Monetization Activity for the Third Quarter

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from July 1, 2020 through September 21, 2020. Based on information available to us as of today, with respect to the period

Add-on
HCI Builds on its Cabinet Platform

HCI Builds on its Cabinet Platform

Wellborn Forest, a portfolio company of HCI Equity Partners, has acquired De Pere Cabinet. Wellborn Forest was acquired by HCI in November 2018. Wellborn Forest is a designer and manufacturer of semi-custom wood kitchen and

All Transactions
Peak Rock Still Hungry

Peak Rock Still Hungry

Peak Rock Capital has acquired Halo Foods, a manufacturer of bars and snacks, in partnership with the company’s management team. Halo was acquired from Nimbus, a Dutch private equity firm. Halo’s products include cereal bars,

All News
Blue Sage Closes Fund III, Two Platforms Acquired

Blue Sage Closes Fund III, Two Platforms Acquired

Blue Sage Capital has held a final, oversubscribed, and above target closing of its third fund, Blue Sage Capital III LP, with capital of $300 million. Blue Sage’s earlier fund closed in December 2012 with

Large
Blackstone ready to lend after raising record property debt fund

Blackstone ready to lend after raising record property debt fund

The investment firm closed this month on the largest real estate debt fund ever, giving it plenty of cash to lend to property investors looking to go shopping during the pandemic

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