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Category: Software and Hi-Tech

Ex-Cinven exec Robinson boosts Aberdeen Standard Investments’ European private equity team

Global investment giant Aberdeen Standard Investments has boosted its private equity capabilities by bringing in former Cinven exec Chris Robinson for its European operation.

Why the massive explosion in Beirut will deepen Lebanon’s financial nightmare

At least 100 people died in the blast, and 4,000 others were injured after thousands of tons of ammonium nitrate stored by the government in a warehouse ignited

WM Partners to tap collagen supplement investment experience with Great Lakes Gelatin buyout

Health and wellness-focused private equity house WM Partners has tapped its sophomore fund for the second time to buy into Great Lakes Gelatin Company.

ICG begins marketing its second recovery fund

Intermediate Capital Group joins other firms raising cash to invest in opportunities in pandemic-related disruptions

Ares Management raises $5bn for private equity funds

The Los Angeles-based asset manager is on track to collect at least $30bn this year despite disruptions from the coronavirus pandemic

AMB :- 70 institutional investors with $16tn assets develop framework for net-zero investing

Laxman Pai, Opalesque Asia: Some 70 investors with $16 trillion in assets have developed recommendations for investing sustainably in major asset classes that seek to limit the rise in global temperatures to less than 1....Article

Blackstone acquires family history company Ancestry in $4.7bn deal

Private equity giant Blackstone has acquired family history and genomics company Ancestry in a deal worth $4.7bn.

Black Bay Energy enters the fundraising market for sophomore vehicle

Black Bay Energy Capital, which targets the North America oilfield industry, is looking to raise its sophomore fund.

Transom Hits Grand Slam

After a mere 14-month hold, Transom Capital has sold its portfolio company Pelco to Motorola Solutions. Pelco is a designer, developer and manufacturer of video security products including video security cameras, video management and recording

EnPro Sells Springs Business to Turnspire

Turnspire Capital Partners has agreed to acquire the Goodyear Air Springs business from publicly traded EnPro Industries. Goodyear air springs are used by original equipment manufacturers and fleet operators for trucks, trailers, buses, and specialty

Gen Cap Closes Eleventh Fund IV Platform

Gen Cap America has acquired TFM Services, a provider of facilities maintenance services, from Thrash, Inc. The buy of TFM is the eleventh platform for Gen Cap’s fourth fund. TFM provides janitorial and floor maintenance

MKH Continues Car Wash Build

Clean Streak Ventures, a platform company of MKH Capital Partners, has added Bay Breeze Car Wash and Lube to its portfolio of express car wash locations. Bay Breeze Car Wash operates seven sites located in

Contracts with (Social) Benefits: The Implementation of Impact Investing

Posted by Anne M. Tucker (Georgia State University), on Wednesday, August 5, 2020 Editor's Note: Anne Tucker is Professor of Law at Georgia State University College of Law. This post is based on a recent

Avedon Capital Partners raises €500m for its third fund in five months

Despite Covid-19, the Dutch lower-mid market firm is on track to reach the fund's €575m hard cap in the 'coming months'

Blackstone brings in ex-Pfizer CEO, chairman Kindler as newest senior advisor

Global private equity giant Blackstone has brought in former Pfizer CEO and chairman Jeffrey Kindler as its latest senior advisor.

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