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PE hopes of cheap deal for ailing Cirque du Soleil challenged by rival bid from creditors

Private equity hopes of taking control of the world-famous Cirque du Soleil on the cheap after coronavirus pushed it into bankruptcy protection appear over, with creditors nearing an agreement for their own bid.

Blackstone seals heavily-reduced NIBC buyout after dropping bid from €1.36bn in wake of Covid-19

Blackstone has seen its heavily-reduced buyout offer for Dutch Bank NIBC accepted by the lender, giving the business a valuation of just over €1bn.

YFM seals debut deal from £80m Fund II with GHG buyout

YFM Equity Partners has made the debut deal from its £80m Buyout Fund II by backing into loss adjusting and claims management specialist GHG.

Blue Sage Capital nears twice its Fund II total with latest capital raise, passes $288m

Texas buyout house Blue Sage Capital has passed $288m for its third flagship fundraise, almost twice the amount it collected for its last raise in 2012.

Growth Capital Partners seals ‘strong return’ through Chaucer Consultancy exit

UK private equity house Growth Capital Partners has exited its six-year investment in challenger consultancy Chaucer through a trade sale to Italy's Business Integration Partners.

Cyber attack simulation specialist XM Cyber brings investment to $49m with new VC-led round

XM Cyber, a breach and attack simulation platform, has closed its Series B round on $17m, as it looks to grow its global sales and marketing efforts.

US, Asia-based DCM raises $880m fund pair thanks to stellar past performance

US and Asia-based early stage investor DCM Ventures has closed its biggest family of funds to date by hauling in $880m across a pair of new vehicles. The committed capital includes $780m for DCM IX, its

Blackstone hits $4.6bn hard cap for biggest-ever PE fund dedicated to life science deals

Blackstone has raised $4.6bn for the biggest-ever private equity fund dedicated to life sciences investments, hitting its hard cap for the vehicle.

Satori Capital buys into hedge fund manager Mountain Cove Capital Management

Satori Capital, a Texas-based private equity house it says is founded on the principles of "conscious capitalism", has agreed to back investment firm Mountain Cove Capital Management.

Beauty industry veteran Pamela Baxter named as MidOcean operating partner

Private equity and credit investment house MidOcean Partners has brought in veteran beauty industry executive Pamela Baxter as an operating partner and executive board member.

Growers Edge harvests $40m Series B round from group of VC firms

Growers Edge Financial has raked in $40m for its Series B round to help it to grow into new markets in the US.

Fintech AI client retention platform Senso gets $3m VC-led investment round

Senso, an AI platform helping financial institutions improve client retention, has reportedly bagged $3m in its pre-Series A round.

Sagewind Capital buys US Army, NASA engineering services provider QuantiTech

Private equity player Sagewind Capital has made US Army, Air Force and NASA tech engineering services provider QuantiTech its latest investment.

Concirrus bags new VC investment just months after closing Series B round

Concirrus, an insurance software developer, has raised another $6m in funding, hot on the heels of its recent $20m Series B round.

Silver Lake buys up French cloud payroll, HR software business Silae from founders

Tech-focused private equity major Silver Lake has agreed to buy French cloud-based payroll and HR software business Silae from the company's founding shareholders.

Fledgling private equity house bd-capital picks probiotics pioneer Symprove for debut deal

Newly-launched private equity house bd-capital has sealed its first investment by backing Symprove, a startup attempting to disrupt the £35bn probiotics market.

LGT Capital gets double fund commitment from British Business Bank unit through £500m investment programme

The British Business Bank has made its largest commitment to date from its £500m managed funds programme, by committing to a pair of LGT Capital Partners fundraises.

Pictet seals $1.16bn fund of funds close, 50% larger than predecessor vehicle

Pictet Alternative Advisors has raised more than $1.16bn for the final close of Monte Rosa V, its latest in a series of diversified, multi-manager private equity fund of funds.

Here’s what the stats say about LP and GP activity during the coronavirus

The impact of the coronavirus crisis is likely to be felt around the world for years to come, with the economic aftermath potentially outstripping the 2008 financial crash. And that uncertainty over how the future

Saudi Arabia-based Lean said to raise $4.5m seed round

Saudi Arabia-based Lean has reportedly raised $4.5m in a seed funding round led by RAED Venture.

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