A team of former OrbiMed Advisors investment professionals have raised $410m for the final close of their debut Petrichor Healthcare Capital Management fund.
Private equity pair Pelican Ventures and JC Flowers have agreed to pick up reinsurance franchise Ariel Re from Argo Group. Ariel Re is a global underwriter of property and casualty reinsurance operating through Lloyd’s Syndicate 1910.
European private equity house LBO France has completed the sale of orthopaedic implant business FH Ortho to industrial group Olympus.
OpenGate Capital has acquired government digital services and tech consulting company Aurotech.
European private equity house Castik Capital has agreed to buy customs broker Customs Support from Mentha Capital and Park Ventures.
Clearlake Capital has agreed to pick up Warburg Pincus and Goldman Sachs PE-backed web hosting business Endurance International in a $3bn take-private deal.
HGGC has completed a sale of Selligent Marketing Cloud to Insight Partners-backed CM Group after a five-year hold.
Global buyout giant Carlyle has hired the former CEO of India's largest private sector bank as a senior advisor to the firm in Asia.
Private equity buy-and-build activity has suffered a heavy blow through the coronavirus pandemic, with activity dropping to a five-year low according to new data from Silverfleet Capital.
SmartCap, a venture capital fund manager owned by the Estonian state, is set to launch a new deeptech fund targeting companies with a longer development cycle.
Private equity house Inflexion has agreed to make a minority investment in testing, inspection, certification and compliance business Phenna Group.
Eurazeo Capital has agreed to invest in IK Investment Partners-backed intellectual property software and services business Questel.
Private equity giant TPG has agreed the $8.1bn sale of US regional cable TV and internet provider Astound to Stonepeak Infrastructure Partners.
Advent International has agreed a $2.7bn buyout of Nielsen's retail-focused data business Global Connect.
Sino-US private equity investor GGV Capital could collect up to $2.5bn across its trio of new fundraises, new SEC documents submitted by the firm show.
Former Lazard France co-head Erik Maris has been brought on board by global private equity major Advent International as an advisory partner.
Agilitas Private Equity has agreed to buy soldier and military vehicle protection specialist TenCate Advanced Armour.
Climate impact investing app developer Cooler Future has picked up €1.4m of funding from venture capital house Lifeline Ventures and a string of angel investors.
Lloyds Bank private equity firm LDC has backed European light vehicle accessories business Rhino Products in a deal valued at £36m.
Private equity-backed cybersecurity major McAfee has hit an $8.6bn valuation through its return to the public market through an IPO.
