Secondaries specialist Keyhaven scores 1.7x return on PIC investment
Secondaries private equity specialist Keyhaven Capital has sealed a 1.7x return selling its minority stake in UK-based Pensions Insurance Corporation.
Secondaries private equity specialist Keyhaven Capital has sealed a 1.7x return selling its minority stake in UK-based Pensions Insurance Corporation.
UK roadside recovery business The AA has agreed to be bought by private equity houses Warburg Pincus and Towerbrook Capital Partners at a £219m valuation.
Bain Capital Partners and Pacific Lake Partners have teamed up to back P&C insurance core software provider OneShield Software.
Having officially launched earlier this year, new neobank HMBradley has now secured $18.25m in a Series A funding round.
Payments giant Stripe is reportedly looking to raise a funding round which could see its valuation reach somewhere between $70bn and $100bn.
The Jordan Company has agreed to sell speciality hardware and home accessories business Dimora Brands to fellow private equity house Clearlake Capital.
Stanhope Capital and FWM have merged to create one of the world's largest independent wealth management and advisory firms, with more than $24bn under management.
Secondaries private equity specialist Committed Advisors has surged past the target for its fourth fund to hit a €1.6bn hard cap final close.
Charlesbank Capital Partners is already back in the fundraising market eyeing its biggest ever vehicle, just a couple of years after beginning to invest its $3bn ninth flagship fund.
Round Hill Ventures has hit a €200m final close for a European proptech fund targeting late seed to Series B investments.
BlackRock has agreed to pay $1.05bn to buy research-based investment management business Aperio Group from Golden Gate Capital after just two years in the latter's portfolio.
L Catterton has sealed a rapid return on its investment in hot sauce maker Cholula after agreeing an $800m sale to trade buyer McCormick & Company.
Sun Capital Partners has brought on board Jump Capital growth equity group founding partner Elizabeth de Saint-Aignan as a managing director on its transactions team.
A pair of former WL Ross and Invesco Private Capital senior execs have spun out a new private equity firm targeting opportunistic buyouts and special situations deals in the global industrials, materials and chemicals sectors.
Latour Capital has continued its blistering rise with a €1bn final close for its third fund.
Multi-strategy-focused Ibex Investors has scored a $100m final close for its second Israel fund eyeing markets and opportunities it believes are being dismissed as too difficult or too different by other asset managers.
HIG Capital has hit a €1.1bn final close for its third fund targeting lower mid-market European investments.
Venture capital major Andreessen Horowitz has boosted its capital under management to almost $16.5bn by closing $4.5bn across two new fundraises.
Bain Capital has more than tripled its capital under management dedicated to impact investing through an $800m fund close, the Wall Street Journal has reported.
New York-based Work-Bench is eyeing a big fund size increase by targeting up to $100m for its third flagship investment vehicle.
