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Category: Software and Hi-Tech

AMB :- SVPGlobal amasses $5bn for the latest distressed debt fund

Laxman Pai, Opalesque Asia: Strategic Value Partners (SVPGlobal), a US-headquartered investment group focused on the debt of distressed companies, has closed its latest fund Strategic Value Special Situations Fund V (SVS...Article Link

Reese Witherspoon to Sell Hello Sunshine to Wall Street-Backed Venture

With the planned sale of Hello Sunshine, the studio she started in 2016, the Oscar winner joins the ranks of Hollywood’s power brokers.

Michaela Wood to Join KKR in London

Appointment further strengthens KKR’s investment team in the UK and in the Services sector LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announces the appointment of Michaela Wood as a Director, effective immediately. Based

KKR & Co. Inc. Reports Second Quarter 2021 Results

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its second quarter 2021 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. This press release features multimedia.

Where does Greece go after Pepp?

The ECB, as of this week, holds over a third of Greece’s government debt with its purchases showing no signs of slowing. But the end of the Pandemic Emergency Purchase Programme, scheduled for March next

L Catterton exits Sweaty Betty after expansion in Europe, US and Asia

Consumer-focused buyout house L Catterton has sold its stake in woman sportswear brand Sweaty Betty to Wolverine World Wide. The post L Catterton exits Sweaty Betty after expansion in Europe, US and Asia first appeared

TA Associates follows rapid $12.5bn fundraise with five senior hires

Global buyout major TA Associates has hired five new vice presidents to be based in Boston and Menlo Park. The post TA Associates follows rapid $12.5bn fundraise with five senior hires first appeared on AltAssets

Broadtree Partners acquires Sayres and Associates to support acquisition efforts

Broadtree Partners, which stylises itself as an operator-centric private equity firm, has acquired Sayres and Associates, a provider of support services to the Department of Defense. The post Broadtree Partners acquires Sayres and Associates to

KKR hires new director in London

KKR has appointed Michaela Wood as a director in its London team, effective immediately.

Vitalbridge hits first close on $200m for Fund II – report

China-based venture capital Vitalbridge Capital is said to have hit a first close of $200m for its second US dollar-denominated fund just one year after the final close of Fund I. The post Vitalbridge hits

Reese Witherspoon’s media company receives Blackstone investment

Reese Witherspoon-founded Hello Sunshine has received funding from buyout giant Blackstone and an unnamed, newly formed media company run by entertainment executives. The post Reese Witherspoon’s media company receives Blackstone investment first appeared on AltAssets

Baronsmead VCTs exits Vietnamese restaurant chain Pho to TriSpan after fivefold network expansion

Gresham House Ventures has agreed to sell its stake in Vietnamese street food restaurant chain Pho on behalf of the Baronsmead venture capital trusts. The post Baronsmead VCTs exits Vietnamese restaurant chain Pho to TriSpan

TriSpan buys Pho, Gresham House Ventures exits

Pho, a Gresham House Ventures-backed UK-based chain of Vietnamese restaurants, has been acquired by PE firm TriSpan's dedicated restaurant fund Rising Stars.

PAI acquires Scrigno from Clessidra

PAI Partners has agreed to acquire Italy-based door frames manufacturer Scrigno from Clessidra.

Bridges seals 2.5x return with Wholebake parent exit after tripling revenues

Sustainable and impact Bridges Fund Management has sealed a 2.5x return by exiting part of its stake in Healthfull Holdings, parent company of UK gluten-free snacks maker Wholebake to fellow private equity house Elysian Capital.

Private investment can help bring wellbeing to the fore

It makes business sense to invest in staff’s mental wellbeing

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