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Category: Software and Hi-Tech

AMB :- China's Ping An raises $750m for overseas private equity investing

Laxman Pai, Opalesque Asia: China Ping An Insurance Overseas Holdings, the main offshore investment and asset management platform of Ping An Insurance Company, announced that it has raised $750 million in total for two f...Article

AMB :- South Korea: PEVC AUM doubles in two years, reaching record $113bn

Laxman Pai, Opalesque Asia: The South Korea-focused private equity (PE) and venture capital (VC) industry has experienced accelerated growth, as its assets under management (AUM) reached a record $113bn as of December 20...Article Link

Clearway Energy, Inc. Announces Sale of its Thermal Business to KKR

PRINCETON, N.J., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A), through its subsidiary Clearway Energy Operating LLC, (the “Company”), today announced it has entered into a binding agreement to sell its

Ping An Insurance Group collects $750m for overseas private equity investing

Chinese insurance company Ping An Insurance Group has closed Ping An Global Equity Selection Fund II and Ping An GP Opportunities Fund with a total capital commitment of $750m. The post Ping An Insurance Group

Rival bidders EQT, Hellman & Friedman team up to raise Zooplus bid to €3.7bn

Global buyout giants Hellman & Friedman and EQT have teamed up to launch an improved cash offer for German online pet supplies retailer Zooplus at a value of €3.7bn. The post Rival bidders EQT, Hellman

Softbank, Mubadala in USD 200m round for Tier

Existing investors Softbank and Mubadala Capital have led a USD 200m Series D funding round for Germany-headquartered Tier, a micro-mobility startup that specialises in e-scooter hire schemes.

Cube IM taps €555m Connecting Europe Broadband Fund to invest in FTTH project in Spain

Cube IM has tapped its €555m Connecting Europe Broadband Fund to invest in a wholesale fibre-to-the-home project operated by ASTEO Red Neutra in Spain. The post Cube IM taps €555m Connecting Europe Broadband Fund to

Equistone backs ADM Group

Equistone Partners Europe has acquired a majority stake in UK-headquartered marketing agency ADM Group.

H&F, EQT team up for final Zooplus offer

Hellman & Friedman (H&F) and EQT Private Equity have made a joint final offer for Germany-listed pet products retailer Zooplus of EUR 480 per share, amounting to a EUR 3.7bn valuation.

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