Fintech and Finance
Banking is now ahead of other industries in promoting women

Banking is now ahead of other industries in promoting women

Citigroup’s appointment of Jane Fraser reflects efforts to elevate women across banking, though many say work still needs to be done to transform the industry

Europe
Sagard NewGen holds first close for €300m first fund

Sagard NewGen holds first close for €300m first fund

French private equity firm Sagard NewGen has held a first closing for its debut fund, which focuses on the European healthcare and technology industries.

Beringer Capital
Beringer Capital brings in Deloitte partner Cacioppo in wake of $350m Fund IV raise

Beringer Capital brings in Deloitte partner Cacioppo in wake of $350m Fund IV raise

Deloitte partner Luciano Cacioppo has moved to Beringer Capital as a managing partner in the wake of the firm closing its $350m fourth fund in May.

Software and Hi-Tech
Palatine-backed Gusto applies for CVA

Palatine-backed Gusto applies for CVA

Palatine Private Equity-backed Gusto Restaurants has applied for a company voluntary arrangement (CVA).

Politics
PE-backed Allegro announces intention to float

PE-backed Allegro announces intention to float

Allegro, a Poland-based e-commerce platform backed by Cinven, Permira and Mid Europa Partners, has announced its intention to list shares on the Warsaw Stock Exchange.

Software and Hi-Tech
Verdane adds three to investment team

Verdane adds three to investment team

Verdane has appointed Fanny Stenmarck, Gustav Friberg, and Sebastian Stierncreutz to its investment team.

asia
TPG backs S$2.7bn Aviva Singapore buyout, merger with Singapore Life

TPG backs S$2.7bn Aviva Singapore buyout, merger with Singapore Life

Private equity major TPG has taken part in a S$2.7bn ($2bn) buyout of insurance giant Aviva's Singapore business.

Politics
Axcel-backed Superoffice to acquire Infobridge – report

Axcel-backed Superoffice to acquire Infobridge – report

Axcel-backed Norwegian software company Superoffice is to acquire the Dutch software company Infobridge, according to Finansavisen.

Digital Transformation
Whitehelm in £80m funding round for Connexin

Whitehelm in £80m funding round for Connexin

Whitehelm Capital has invested in an £80m funding round for digital infrastructure provider Connexin.

Ambani
Carlyle, Softbank told to wait in line to make Reliance Retail investment amid continued huge demand – report

Carlyle, Softbank told to wait in line to make Reliance Retail investment amid continued huge demand – report

Investment giants Carlyle and Softbank have been told to wait in line after attempting to become the latest major investors in the retail business of India's Reliance Industries.

Angel / Venture
Inven Capial leads Zolar series-B expansion

Inven Capial leads Zolar series-B expansion

Household solar energy systems startup Zola has closed its series-B funding round, led by Inven Capital, the venture arm of energy conglomerate CEZ, securing an additional €15m and bringing its series-B total to €25m.

Australia
Citadel Group shares surge after A$448.6m Pacific Equity Partners offer

Citadel Group shares surge after A$448.6m Pacific Equity Partners offer

Australian software company Citadel Group could be the latest beneficiary of the coronavirus-led working from home surge after receiving a A$448.6m buyout offer from Pacific Equity Partners.

Manufacturing and Industrial
Astorg’s Aries Group to offload two subsidiaries – reports

Astorg’s Aries Group to offload two subsidiaries – reports

Beleaguered aerospace sub-contractor Aries Group, owned by French private equity firm Astorg, is looking to sell subsidiaries ACB and Dufieux, according to local reports.

Portfolio Company News
Corsair-backed Zedra buys Fitzgerald & Law

Corsair-backed Zedra buys Fitzgerald & Law

Switzerland-headquartered corporate fund services provider Zedra, a portfolio company of Corsair Capital, has acquired UK-based Fitzgerald & Law (F&L).

Buyout
Novacap strikes debut deal from first financial services fund with Optiom buyout

Novacap strikes debut deal from first financial services fund with Optiom buyout

Canadian private equity house Novacap has picked up a majority stake in Optiom, a specialty insurance managing general underwriter and provider of vehicle replacement coverage.

Buyout
CD&R hauls in about $12bn for its biggest buyout fund yet

CD&R hauls in about $12bn for its biggest buyout fund yet

Private equity major Clayton Dubilier & Rice is within touching distance of its $13bn goal for its biggest-ever buyout fundraise.

Buyout
Sagard launches new European small-cap fund targeting healthcare, tech deals

Sagard launches new European small-cap fund targeting healthcare, tech deals

Alternative asset manager Sagard Holdings has launched a new European small-cap fund focused on the healthcare and technology sectors.

IPO
PE-backed e-commerce platform Allegro prepares IPO

PE-backed e-commerce platform Allegro prepares IPO

The Polish company is owned by private equity groups Permira, Cinven and Mid Europa Partners

Buyout
Pandemic-resilient Chinese healthcare companies in Investcorp’s sights with launch of new platform

Pandemic-resilient Chinese healthcare companies in Investcorp’s sights with launch of new platform

Alternative investment major Investcorp has launched a new platform dedicated to backing Chinese healthcare companies.

Singapore
Nvidia to buy SoftBank chip unit

Nvidia to buy SoftBank chip unit

The Japanese technology conglomerate is nearing another big asset sale — of Arm Holdings to Nvidia — that would create a chip-industry powerhouse

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.