Private equity house RedBird Capital Partners is reportedly nearing a €1.3bn buyout of storied European football giant AC Milan, already the target of fellow alternatives dealmaker Investcorp. The post Redbird Capital almost over the line
Allianz Global Investors has hit a €550m first close for its second diversified infrastructure equity fundraise. The post Allianz GI reaches €550m first close for new infra fundraise first appeared on AltAssets Private Equity News.
Palamon Capital Partners and IDH Group have agreed to sell UK dental distributor and service provider DD Group to Sun European Partners. The post Palamon Capital sells IDH Group unit DD Group to Sun European
The $17.9bn-managing University of Michigan has made a string of new fund commitments across infrastructure, private credit, venture capital and private equity. The post University of Michigan reveals $280m of new alternative fund commitments first
Private equity house Sycamore Partners has dropped out of the running to buy UK clothing retailer Ted Baker after having a string of bids rejected by the business. The post Sycamore scraps Ted Baker pursuit after
Intermediate Capital Group has hit a $1.1bn final close for its latest Asia Pacific fundraise, eight years after raising its predecessor fund in the strategy. ICG set out to raise $1bn for Asia Pacific Fund
Thomas H Lee Partners has made a majority investment in Verdane-backed product information management SaaS specialist inriver. The post Thomas H Lee buys into Verdane-backed inriver, company grew 10x under latter firm’s ownership first appeared
Stellus Capital Management has picked up $1.8bn of new credit investment firepower through the final close of its newest fund. The post Stellus Capital reveals $1.8bn of new credit firepower with latest fund close first
Threshold Ventures, the Silicon Valley investment veteran which rebranded from DFJ three years ago, has raised $450m across a pair of new funds. The post Threshold Ventures, rebranded from DFJ in 2019, raises $450m across
Chicago private equity house Benford Capital Partners has reached a $200m hard cap close for its sophomore fundraise, just two years after raising its debut vehicle. The post Benford Capital hits $200m Fund II hard
Houston Firefighters' Relief and Retirement Fund is the latest LP to commit to Nordic Capital's hefty new flagship fundraise. The post Another US pension fund commits to Nordic Capital’s hefty new flagship fundraise first appeared
Levine Leichtman Capital Partners has brought in veteran IR specialist Lindsay Grider as global head of fundraising and investor relations. Grider will lead the firm’s global efforts to provide solutions for LLCP’s existing investors, develop
Tusk Venture Partners has hit a $140m final close for its third flagship fundraise, double the total it collected for its 2019 sophomore vehicle. The post Tusk Venture Partners hits $140m Fund III close, double
Southeast Asia’s Jungle Ventures has confirmed its position as a heavyweight in the region's venture capital industry by passing $1bn in assets under management through the final close of its fourth fund. The post SE Asian
Sector specialist investor HealthQuest Capital has hit a $675m hard cap final close for its fourth flagship fundraise. The post HealthQuest outstrips Funds II and III combined with $675m hard cap Fund IV close first
Venture capital behemoth Andreessen Horowitz has made a major push into the video games industry with the launch of a $600m specialist fund. The post Andreessen Horowitz doubles down on gaming with $600m for first
KKR has made a significant investment in customer experience software provider Alchemer. The post KKR makes first deal through new Americas strategy with Alchemer investment first appeared on AltAssets Private Equity News.
Clearlake Capital has soared to a $14.1bn hard cap final close for its latest flagship private equity fund, surging past its initial $10bn target. The post Clearlake destroys $10bn Fund VII target by hitting $14.1bn
European software and services investor Hg has agreed a sale of IT services provider itm8 to fellow private equity player Axcel after four years in its portfolio. The post Hg agrees to sell IT services
Private credit major Monroe Capital has followed its recent $2.3bn flagship fund close by hiring MUFG CIO Gila Cohen as managing director, head of global institutional partnerships. Cohen will be responsible for new initiatives to
