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Category: Software and Hi-Tech

Over 450 companies join campaign to create 10,000 Black internships in the UK

A number of private equity firms, including Livingbridge, 3i, Carlyle and Neuberger Berman, among others are supporting the programme

Inflexion sells LCP to Charterhouse for £300m

Inflexion Private Equity has sold financial consultancy Lane Clark & Peacock (LCP) to Charterhouse.

Enterprise Investors to carve out Software Mind from Ailleron

Polish private equity firm Enterprise Investors (EI) is to acquire a majority stake in Warsaw-based company Software Mind for €25m from listed company Ailleron.

Wellington Hadley Harbor III closes on $1.8bn

Wellington Management has held a $1.8bn final close for its third late-stage growth vehicle, Wellington Hadley Harbor Fund III.

Lakestar leads €75m round for Isar Aerospace

Lakestar has led a €75m series-B funding round for Germany-based micro-satellite developer Isar Aerospace.

VCs in $36.7m series-C for Weaveworks

A number of venture firms and corporate venture investors have participated in a $36.7m series-C funding round for GitOps developer Weaveworks.

Black Sea buys dental clinic operator DigiRay

Romanian private equity fund Black Sea Fund I has acquired a majority stake in DigiRay. 

Committed Advisors closes fourth secondary fund on €1.6bn

Committed Advisors has announced that its fourth-generation secondary fund, Committed Advisors Secondary Fund IV (CASF IV), has reached its hard-cap of €1.6bn.

Monarch Alternative Capital targets ‘vast Covid-19 distressed opportunity’ with new $3bn fund close

Distressed and opportunistic investment specialist Monarch Alternative Capital has scored a roughly $3bn close for its oversubscribed fifth fundraise.

Rutland Partners promotes two to investment director after six years with firm

UK private equity house Rutland Partners has promoted two to investment director after six years with the business.

Paine Schwartz Partners picks up plant-based dough maker Urban Farmer as new platform investment

Sustainable food chain investor Paine Schwartz Partners has tapped its fifth flagship fund to buy into plant-based specialty dough maker Urban Farmer.

Merieux Equity et al. in series-A round for Cell-Easy

Merieux Equity Partners, Irdi Soridec Gestion and M Capital Partners have invested in a series-A financing round for Cell-Easy, a French specialist in novel cell therapies.

Cerberus Capital, Provender team up to create multibillion-dollar US cold storage real estate portfolio

Cerberus Capital Management has teamed up with refrigerated real estate specialist Provender Partners for a new joint venture to create a multibillion-dollar portfolio of cold food storage facilities in the US.

Global Infrastructure Partners pulls in $2.8bn across pair of new credit fundraises

Global Infrastructure Partners has raised $2.8bn across a pair of new credit fundraises targeting the investment sector.

General Atlantic promotes two

General Atlantic has promoted Melis Kahya Akar to the position of managing director and Caroline Woodworth to the position of principal.

Female founders, CEOs seeing disproportionate VC funding hit from Covid-19 pandemic

Female founders and CEOs have disproportionately suffered from the VC funding drop in the wake of the Covid-19 pandemic, new research shows.

UK activity on the up, but market braces for tax hit

In a volatile year, which has seen buy-and-build and technology deals increase, GPs have adjusted working habits to achieve some semblance of normality in their operations, drawing investment volumes back towards pre-Covid-19 levels. Katharine Hidalgo

Wellington Management raises $2.2bn across new private equity fund, co-investment capital

Investment house Wellington Management has hauled in $2.2bn across its latest private equity fundraise and co-investment commitments.

Carlyle sells logistics portfolio in northern Italy to Axa IM for €270m

The European logistics sector continues to benefit from structural shifts driven by the rapid growth of e-commerce

Inflexion seals 3x return selling Lane Clark & Peacock to Charterhouse Capital

UK private equity house Inflexion has sealed a better than 3x return selling its stake in financial consultancy Lane Clark & Peacock to Charterhouse Capital Partners, AltAssets understands.

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