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Category: Software and Hi-Tech

PathFactory Receives Significant Investment from Vertu Capital

The new investment comes as PathFactory accelerates the growth of its proprietary intelligent content platform(PRWeb November 08, 2021)Read the full story at https://www.prweb.com/releases/pathfactory_receives_significant_investment_from_vertu_capital/prweb18316966.htm

KKR Invests in SK E&S Redeemable Convertible Preferred Shares

Investment underscores KKR’s commitment to supporting Korean businesses’ growth strategies SEOUL, South Korea--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired from South Korean energy company SK E&S (the “Company”)

Blackstone snaps up ex-Target senior exec Lundquist as new advisor

Blackstone has named former Target executive vice-president Stephanie Lundquist as a senior advisor. The post Blackstone snaps up ex-Target senior exec Lundquist as new advisor first appeared on AltAssets Private Equity News.

Blackstone buys into booming kids digital entertainment provider Moonbug

Moonbug Entertainment, a digital-first global children’s entertainment company, has been backed by private equity giant Blackstone. The post Blackstone buys into booming kids digital entertainment provider Moonbug first appeared on AltAssets Private Equity News.

Gimv to exit Wolf Lingerie in Vulcain-led auction

Gimv is conducting a sale process to exit French lingerie maker Wolf Lingerie, according to three sources familiar with the situation.

Mission BioCapital more than doubles last fund total with $275m Fund V close

Specialist venture capital house Mission BioCapital has raised $275m for its fifth flagship fundraise, more than double the amount it collected for its predecessor vehicle. The post Mission BioCapital more than doubles last fund total

CD&R names COO Jillian Griffiths to succeed Theresa Gore as CFO

Global buyout major Clayton Dubilier & Rice has appointed COO Jillian Griffiths as CFO to succeed Theresa Gore, who has chosen to shift from her present role to one that allows her greater flexibility, the

Ex-Google Ventures CEO Maris sees Section 32 strike $740m Fund IV close

Former Google Ventures CEO Bill Maris has seen his venture capital firm Section 32 strike a $740m final close for its fourth fund. The post Ex-Google Ventures CEO Maris sees Section 32 strike $740m Fund

KKR buys $2bn new shares in South Korean energy company SK E&S to capture transformation to clean energy

Global buyout giant KKR has bought KRW 2.4tn ($2bn) of shares in South Korean energy company SK E&S. The post KKR buys $2bn new shares in South Korean energy company SK E&S to capture transformation

Metro Bank confirms possible offer from Carlyle

Metro Bank, a UK-based lender, has confirmed that it has received an approach from funds managed by The Carlyle Group regarding a possible offer.

Private equity, venture capital returns boom amid strong Covid-19 recovery

Private equity funds soared to a record quarterly return at the start of this year amid a strong recovery of the global economy from the coronavirus pandemic, new data shows. The post Private equity, venture

ESG concerns limit bidders in LMB Aerospace sale

First-round bids for France-based LMB Aerospace were collected last week, but the company's focus on defence means a significant number of financial sponsors and lenders need to give the deal a pass, according to several

Victus to come back to market in early 2022

Dutch private equity firm Victus Participations is looking to start raising its second fund by the end of Q1 2022, managing partner Guus Overdijkink told Unquote.

M&A insurance demand reaches new heights amid bottleneck concerns

Demand for M&A insurance has soared in recent months amid a historic acquisition spree, causing underwriting capacity to narrow, according to several London-based deal-makers and insurance brokers.

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