1. Home
  2. Software and Hi-Tech

Category: Software and Hi-Tech

Breaking news: Friends keep secrets too

Sometimes, it seems, the best way to get to know a friend is not through drinks, but from the news.

Kester Capital hits hard cap close for sophomore private equity fundraise

Kester Capital has hit the £90m hard cap for the final close of its oversubscribed sophomore fund.

CapMan has goal in sight for sophomore growth fund thanks to €74m first close

Nordic private equity investor CapMan is in sight of its €85m goal for its latest growth fundraise.

PE-backed Vertafore targeted by rival Roper, other buyout firms, deal could reach $5.5bn – report

Private equity-backed insurance software company Vertafore is in the sights of other buyout houses and rival Roper Technologies in what could end up as a $5.5bn buyout.

Tembo Capital looks to equal total raised by all PE mining funds last year through a single fundraise

Mining-focused private equity house Tembo Capital is targeting up to $300m for a new fund to follow its stand-out sophomore raise in the sector last year.

ICG could raise €1bn for recovery fund targeting coronavirus opportunities – report

Intermediate Capital Group is reportedly in talks with LPs over raising a €1bn 'recovery fund' to invest in business opportunities thrown up by the Covid-19 pandemic.

People news in brief: October 8, 2020

Goldman picks Drayton as Asia IB co-head — Credit Suisse names new Japan IB chief — Li to retire early from HKEX — ANZ appoints Philippines head

Pandemic slowed private equity fund closings in first half

Globally, 552 private equity funds reached their final close in the first half of the year, 31% fewer than in the same period last year

Blackstone said to near biggest Indian RE portfolio buyout to date with $1.7bn Prestige Group deal

Global private equity giant Blackstone is reportedly near a $1.7bn buyout of Indian property developer Prestige Group's rental income assets in what is said to be the largest real estate portfolio buyout in the country

Under 10% of senior City dealmakers are women: ‘It’s still very testosterone-fuelled’

One top female dealmaker said: ‘Once you have women at the top, the rest will follow very naturally, I’m confident of that’

Rival offer sees Thoma Bravo up deal for insurtech business Majesco to $729m

Private equity house Thoma Bravo has upped its previously agreed deal for cloud insurance software provider Majesco to $729m amid rival interest from a new suitor.

Cebu Air seeks $500m to tackle Covid impact

Philippine carrier Cebu Air is looking to tap the equity markets for $500m, in an attempt to position itself for a recovery from the impact of the Covid-19 pandemic.

Opalesque Roundup: Some big name hedge funds shine with substantial gains for the year: hedge fund news, week 32

In the week ending August 7th 2020, Bill Ackman's Pershing Square Holdings reported that its portfolio made money in July, boosting his monthly performance to 4.6 percent. Pershing Square Holdings is now up 34.8 percent

Italy takes €84bn book with new 20 year syndication

All eyes were on Italy in the primary euro public sector bond market on Tuesday as it pipped Spain for the biggest ever order book for a eurozone sovereign syndicated bond in the 20 year

Italy takes €84bn book with new 20 year

All eyes were on Italy in the primary euro public sector bond market on Tuesday as it pipped Spain for the biggest ever order book for a eurozone sovereign syndicated bond in the 20 year

UK raises £8bn with first 15 year syndication

The UK Debt Management Office raised £8bn with its first 15 year syndication on Tuesday morning – the first of two Gilt syndications it will hold during September.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.