Buyout
Paceline Equity picks up railroad maintenance equipment leasing business RELAM

Paceline Equity picks up railroad maintenance equipment leasing business RELAM

Paceline Equity Partners has picked up railroad maintenance equipment leasing specialist RELAM and its affiliated business.

India
KKR to buy controlling stake in JB Chemicals & Pharmaceuticals

KKR to buy controlling stake in JB Chemicals & Pharmaceuticals

Private equity firm will offer to acquire another 26% stake in the Indian company

Banking Profiles
Former Barclays CEO grilled in case against private equity financier Amanda Staveley

Former Barclays CEO grilled in case against private equity financier Amanda Staveley

On the first day of Varley's testimony, Staveley’s attorney pressed him on the blue chip bank’s negotiations with Qatar

advice
PE specialist McKeeve, financial restructuring expert Conner latest senior hires at Avonhurst

PE specialist McKeeve, financial restructuring expert Conner latest senior hires at Avonhurst

Private equity specialist Raymond McKeeve is among a pair of new senior hires at Avonhurst, a political strategy and legal advisory firm dedicated to representing sophisticated capital.

Buyout
Warren Equity picks up tree, vegetation management services Gunnison, New Urban Forestry

Warren Equity picks up tree, vegetation management services Gunnison, New Urban Forestry

Warren Equity Partners has bought tree and vegetation management businesses Gunnison Tree Services and New Urban Forestry.

Angel / Venture
Mosaic, Y Combinator help regtech player Veriff closes $15.5m funding round ahead of larger Series B

Mosaic, Y Combinator help regtech player Veriff closes $15.5m funding round ahead of larger Series B

Mosaic Ventures and Y Combinator have helped regtech platform Veriff close its latest funding round on $15.5m.

Politics
Hedge Fund’s Run at Tribune Publishing Ends, for Now, With a New Board Seat

Hedge Fund’s Run at Tribune Publishing Ends, for Now, With a New Board Seat

Journalists have been wary of Alden Global Capital, which is known for gutting newsrooms to eke out profits from struggling publications.

Distressed
AMB :- Coronavirus crisis: PE industry mulls more realism and longer holding periods

AMB :- Coronavirus crisis: PE industry mulls more realism and longer holding periods

Laxman Pai, Opalesque Asia: More realism, longer holding periods and an advantage for investors with a long-term focus - these are the main changes that investment managers in the German private equity market expect as

Angel / Venture
AMB :- Angelo Gordon surges to $1.5bn hard cap for third Europe property fund

AMB :- Angelo Gordon surges to $1.5bn hard cap for third Europe property fund

Laxman Pai, Opalesque Asia: US-based alternative investment firm Angelo, Gordon & Co. has hauled in more than $1.5 billion in commitments for its latest European real estate fund, exceeding the target and hitting the...Article Link

All Transactions
H.I.G. Carves Out Piece of Genuine Parts

H.I.G. Carves Out Piece of Genuine Parts

Publicly traded Genuine Parts Company has completed the sale of its S.P. Richards (SPR) operations through two separate transactions. GPC’s first transaction was the sale of SPR’s Cleveland-based Supply Source Enterprises (SSE), comprised of The

India
KKR to Acquire a Controlling Stake in J.B. Chemicals & Pharmaceuticals

KKR to Acquire a Controlling Stake in J.B. Chemicals & Pharmaceuticals

Investment to Further Strengthen and Expand J. B. Chemicals & Pharmaceuticals’ Presence in High-Growth Branded Formulations Markets MUMBAI, India--(BUSINESS WIRE)-- Global investment firm KKR today announced that it has entered into a definitive agreement to

Add-on
Centerbridge Sells KIK Piece to Voyant

Centerbridge Sells KIK Piece to Voyant

KIK Custom Products, a portfolio company of Centerbridge Partners, has agreed to sell its KIK Personal Care (KPC) business to Voyant Beauty, a portfolio company of Wind Point Partners. Centerbridge acquired KIK in August 2015

All News
Evolution Managers Backs Another New Manager

Evolution Managers Backs Another New Manager

Evolution Managers Capital (EMC), an investor in emerging private equity firms, has made its second fund investment to date by backing Greens Farms Capital. EMC was formed in October 2019 by Chicago-based HC Private Investments

Buyout
Dominus Capital raises up to $350m for Fund 3 but the target size for the fund looks to have dropped down to $525m

Dominus Capital raises up to $350m for Fund 3 but the target size for the fund looks to have dropped down to $525m

Dominus Capital is looking to raise $525m for its third investment fund, despite earlier reports claiming it was looking to raise $750m.

Software and Hi-Tech
PE firms bid to take over KKR-backed Casual Dining Group’s restaurants – report

PE firms bid to take over KKR-backed Casual Dining Group’s restaurants – report

Aurelius Equity Opportunities and Endless are reported to have made bids to acquire the Café Rouge, Bella Italia, and Las Iguanas brands

Limited Partners
SoftBank looks to end its partnership with Wirecard

SoftBank looks to end its partnership with Wirecard

SoftBank is looking to distance itself from Wirecard, after the Japanese tech conglomerate helped arrange an investment months before the German payments company went bust

19
Priveq closes SEK2.5bn Fund VI launched amid worst of coronavirus

Priveq closes SEK2.5bn Fund VI launched amid worst of coronavirus

European private equity investor Priveq has hit a SEK2.5bn ($270m) final close for its sixth flagship fund, raised entirely during the worst of the coronavirus crisis.

Angel / Venture
VCs exit Inventorum to Shore

VCs exit Inventorum to Shore

Venture capital backers have sold their stakes in Inventorum, the developer of an inventory and cash management software platform for small businesses, to Germany-based digital appointment and customer management platform Shore, formerly known as Termine24.

19
Angelo Gordon surges to $1.5bn hard cap for third Europe RE fund, almost double size of Fund II

Angelo Gordon surges to $1.5bn hard cap for third Europe RE fund, almost double size of Fund II

Angelo Gordon & Co has hauled in more than $1.5bn for the hard cap close of its latest European real estate fund.

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