Artlist
Royalty-free music, images subscription business Artlist gets KKR investment

Royalty-free music, images subscription business Artlist gets KKR investment

Global private equity major heavyweight KKR has invested in royalty-free licensed music provider Artlist.

19
Andera Partners beats €500m hard cap for fourth mezzanine fundraise despite coronavirus crisis

Andera Partners beats €500m hard cap for fourth mezzanine fundraise despite coronavirus crisis

French investment house Andera Partners has beaten its €500m hard cap for the final close of its fourth mezzanine fundraise.

Software and Hi-Tech
Harper to lead HIG’s London small-cap buyout team

Harper to lead HIG’s London small-cap buyout team

HIG Capital has appointed John Harper as managing director and head of the London small-cap buyout team.

Appointments
Veteran Missouri pension investor Kelly joins PennSERS as new CIO

Veteran Missouri pension investor Kelly joins PennSERS as new CIO

Veteran Missouri state pension investment specialist Seth Kelly has joined the $31.1bn-managing Pennsylvania State Employees’ Retirement System as its new CIO.

17Capital
Ex-CVC Credit Partners investor relations director Munte joins 17Capital

Ex-CVC Credit Partners investor relations director Munte joins 17Capital

Former CVC Credit partners investor relations director Martin Munte has joined private equity house 17Capital in London to bolster the firm's own IR operations.

Appointments
PA SERS appoints Seth Kelly as new CIO

PA SERS appoints Seth Kelly as new CIO

The board of the Pennsylvania State Employees' Retirement System (PA SERS) has named industry veteran Seth Kelly as its new chief investment officer.

Politics
UK government under pressure to create a race charter for finance sector

UK government under pressure to create a race charter for finance sector

High-profile figures from finance and politics have called on the Treasury to set up a programme for financial services, akin to the government’s Women in Finance charter

Digital Transformation
KKR invests in Israel’s Artlist

KKR invests in Israel’s Artlist

Artlist builds and maintains a catalogue of digital content from stock music to sound effects

Alphabet
VC-backed health insurance platform Oscar scores $225m investment round

VC-backed health insurance platform Oscar scores $225m investment round

Online health insurance platform Oscar has closed a new funding round on $225m as it looks to continue its growth.

Software and Hi-Tech
Private equity’s trillion-dollar piggy bank holds little for struggling companies

Private equity’s trillion-dollar piggy bank holds little for struggling companies

Barriers stand between buyout firms’ cash pile and the businesses in need that they own

Angel / Venture
European VC house ETF Partners leads Series A for crowdsourced cybersecurity platform Intigriti

European VC house ETF Partners leads Series A for crowdsourced cybersecurity platform Intigriti

Crowdsourced cybersecurity platform Intigriti has closed its Series A round on €4.14m.

Software and Hi-Tech
Game on: Buyout firms aim to score big in sports

Game on: Buyout firms aim to score big in sports

As sporting franchises return to action, private equity groups are looking for bargains among the teams and leagues battling with the impact of lockdowns

Software and Hi-Tech
KKR Acquires Stake in First Gen through Voluntary Tender Offer

KKR Acquires Stake in First Gen through Voluntary Tender Offer

Investment in leading independent power producer deepens KKR’s commitment to the Philippines MANILA, Philippines--(BUSINESS WIRE)-- Global investment firm KKR today announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings

brand
Consumer brands-focused VMG Partners reveals trio of promotions

Consumer brands-focused VMG Partners reveals trio of promotions

Consumer brands-focused private equity house VMG Partners has made a trio of promotions, a year after raising $250m for its first early-stage fund.

Software and Hi-Tech
Opalesque Roundup: Hedge fund industry AUM sits near $3.05tn in May: hedge fund news, week 26

Opalesque Roundup: Hedge fund industry AUM sits near $3.05tn in May: hedge fund news, week 26

In the week ending June 26th 2020, a report by eVestment said that investor flows were near flat in May, with net inflows of an estimated $1.71 billion into hedge funds. Total estimated industry assets

Europe
AMB :- European leveraged finance issuance leads to a 15.3% fall in accumulated proceeds

AMB :- European leveraged finance issuance leads to a 15.3% fall in accumulated proceeds

Laxman Pai, Opalesque Asia: European leveraged finance issuance dropped in the first quarter as the coronavirus pandemic hit markets, leading to a 15.3% fall in accumulated proceeds, said a study. According to Associatio...Article Link

Business Services
KKR Becomes a Shareholder in Mirastar to Grow European Logistics Platform

KKR Becomes a Shareholder in Mirastar to Grow European Logistics Platform

LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Mirastar, a specialist developer, investor and manager of industrial and logistics (I&L) assets in Europe, announced that KKR has acquired a strategic stake in Mirastar from

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