The consumer discretionary sector has become the most favoured sector in private equity investing while IT has lost its grip among managers, new research shows. The post GPs believe consumer discretionary sector has highest potential
UK-based defined contribution workplace pension scheme Nest (National Employment Savings Trust) has mandated HarbourVest to make investments in private equity, marking the pension scheme’s second mandate to the asset class.
AfricInvest and Cathay Association have raised a €110m venture capital fund to target promising African early-to-growth-stage startups. Investors in the Cathay AfricInvest Innovation Fund include EIB, AfricaGrow, FMO, Bpifrance, Triodos Investment Management, Proparco, SIFEM, and
Central and Eastern Europe-focused investment house Accession Capital Partners has picked up €90m for the first close of its new credit fund. The post Accession Capital hits first close for €200m-targeting CEE credit fundraise first
Recapitalizations and management buyouts specialist Excellere Partners has promoted Matt Halverson (pictured) to principal and Ryan Revolinski to Senior Associate. The post Excellere Partners makes two promotions in medical products team first appeared on AltAssets Private
Ardian has sold its majority shareholding in Lyon-based Opteven, a roadside assistance and breakdown insurance provider, to Apax Partners.
Cinven seems happy to take the long way home if it means it can get LPs a 3x return on their money by leveraging its sector expertise.
Global buyout major EQT has agreed to buy Investcorp's stake in talent and entertainment business United Talent Agency. The post EQT makes what could be debut deal from €20bn-targeting Fund X with UTA buyout from
UK-based growth investor BGF has announced changes in its leadership, with CIO Andy Gregory promoted to CEO, while executive chair Stephen Welton step up to non-executive chair.
European mid-market tech investor Tenzing has scored an impressive 9.6x return selling CitNOW Group to UK private equity house Livingbridge. The post Tenzing seals impressive 9.6x return selling CitNOW Group to Livingbridge first appeared on AltAssets
Private equity major Warburg Pincus has bought Florida-based express car wash business El Car Wash from Wafra, Audrose Partners and Fireside Investments. The post Warburg Pincus splashes out on growing Florida car wash business El
University of Oxford-partnering investment firm Oxford Science Enterprises has raised £250m to drive the creation and growth of businesses built on ground-breaking science from the hallowed institution. The post Oxford University investment partner OSE raises
Charterhouse is expected to launch a sale of food ingredients producer Optima in the near future, five sources familiar with the situation said.
Investindustrial has agreed to sell its chocolate manufacturing business Natra to Capvest in a deal expected to generate a 2.5x money multiple, a source familiar with the situation said.
Astorg and Epiris will own different segments of Euromoney after the parties agreed on a GBP 1.6bn deal to take the UK-based market information publisher private.
Netherlands-headquartered Waterland Private Equity has announced that Cedric Van Cauwenberghe will succeed Frank Vlayen as its new group managing partner as of May 2023.
Australia and New Zealand Banking Group has dropped talks with KKR for the potential A$4.5bn ($3.04bn) buyout of software firm MYOB. The post KKR, ANZ talks for potential $3bn MYOB buyout are over first appeared
Investindustrial has agreed to sell its stake in cocoa supplier and chocolate maker Natra to fellow private equity house CapVest. The post Investindustrial to sell cocoa supplier, chocolate maker Natra to CapVest first appeared on
CVC has agreed to buy into Spectrum Medical at a valuation of up to £1bn. The post CVC agrees Spectrum Medical buyout at £1bn valuation first appeared on AltAssets Private Equity News.
Northleaf Capital Partners has picked up a 40% stake in Vodafone New Zealand's mobile tower infrastructure business Aotearoa Towers. The post Massive Deutsche Telekom towers buyout followed by Northleaf buying Vodafone New Zealand towers stake
