Mid-market UK private equity house ECI Partners has hit an impressive 3x return and 36% IRR for its ninth fund after sealing its final realisation. The post ECI Fund IX scores 3x money, 36% IRR
Tech and telecoms-focused private equity house Siris has brought in veteran cybersecurity and internet infrastructure expert John McCormack as an executive partner. The post Cybersecurity, internet infrastructure veteran joins Siris as latest executive partner first
Professional services giant EY has named Chris Smyth as its Americas Private Equity lead to replace the recently promoted Bill Stoffel. The post EY names new Americas private equity head to replace Stoffel first appeared on AltAssets
Chicago-based Vistria Group has sold hospice and palliative care provider Agape Care Group to Ridgemont Equity Partners. Agape offers full end-of-life care in patient homes and healthcare facilities throughout South Carolina, and recently expanded into Georgia
Tech-focused private equity giant Silver Lake has struck a deal to buy Intercontinental Exchange's stake in Euroclear to value the business at almost €7.2bn. The post Silver Lake strikes Euroclear deal to value business at
Caisse de dépôt et placement du Québec has bought a "significant" minority stake in Grupo Diagnóstico Aries, one of the fastest growing medical diagnostic services groups in Mexico. The post Pension investment major CDPQ buys
Private equity-backed enterprise software business Informatica is eyeing a return to the stock market which could see it valued at up to $9bn. The post PE-backed Informatica eyes $9bn valuation in stock market return first
Gryphon Investors has agreed to buy nutritional supplement company Metagenics from Alticor Inc. The post Gryphon ends years-long search for nutrition investment with Metagenics buyout first appeared on AltAssets Private Equity News.
Alternative investment major Ares Management has hit a $5.1bn final close for its new private credit fundraise, surging past its initial $4bn goal. The post Ares passes $5bn to close new private credit fund well
ACON Investments has created a new major player in the sustainable scallop and lobster industry through the buyout and merger of Northern Wind, Suncoast Seafood and Raymond O'Neill & Son Fisheries. The post ACON creates sustainable
London-based mid-market-private equity house A&M Capital Europe has agreed to buy a majority stake in tech and engineering services provider Ayesa. The post A&M Capital Europe agrees Ayesa buyout, company plans to double turnover over
European private equity dealmaking has hit a new annual record with three whole months of the year to go, with a surge in deal volume behind the outstanding figures, new research shows. The post Record
Arctos Sports Partners has raised more than $3bn for its debut fund and co-investments targeting stakes in sports franchises. The post Sports franchise PE specialist Arctos raises over $3bn for debut fund, co-investment capital first
Private equity major HIG Capital has paid almost $20m to settle a lawsuit claiming its mental health company portfolio business South Bay fraudulently billed Medicaid for services provided by unlicensed, unqualified, and improperly supervised staff.
US pension giant LACERA is the latest big instutional investor to commit to Clearlake Capital's hefty new fundraise, which is reportedly targeting $10bn. The post Clearlake gets another big LP commitment towards $10bn-targeting new fund
Tenex Capital has sealed an impressive $1.2bn fund close for its third flagship vehicle, about 50% more than it collected for its sophomore raise in 2016. The post Another hard cap close for Tenex sees
Thomson Reuters has created a $100m corporate venture capital fund to support and accelerate innovation for the "future of professionals". The post Thomson Reuters eyes ‘future of professionals’ with $100m venture capital fund first appeared
Emerging markets investor Actis has sealed a stunning fundraise for its latest energy-focused vehicle by hitting $6bn of investable capital. The post Actis soars to $6bn of capital for close of mammoth new emerging markets
Francisco Partners has followed yesterday's $2.2bn credit fund close with a growth investment in Paradigm, a provider of practice management software and integrated payments to the legal industry. The post Francisco Partners follows $2.2bn credit
Metals and mining-focused investor Tembo Capital Management has hit a $380m final close for its third flagship fund, well above its target. The post Tembo Capital soars past goal for latest metals, mining fundraise with
