Canadian pension fund Public Sector Pension Investment Board is said to be joining a consortium that was looking to buy Australian electricity infrastructure investor Spark Infrastructure Group. The post Public Sector Pension Investment Board said
Healthcare focused private equity house Avista Capital Partners has agreed to sell consumer healthcare provider Arcadia Consumer Healthcare to investment firm Bansk Group. The post Avista Capital Partners to sell Arcadia Consumer Healthcare to Bansk
Insurtech-focused venture capital firm Eos Venture Partners has hired Zach Powell as general partner to be based in South Carolina. He will be responsible for investment identification. The post Eos Venture Partners hires Zach Powell
HIG Capital has made an equity investment in The Bluebird Group amid retail market consolidation. The post HIG buys into The Bluebird Group to enhance investments in digital insights and analytics first appeared on AltAssets
Hinge Capital, formerly Ventures51, has secured $19.1m for its Ventures51 Classy Fund II raise, nearly four times the size of its predecessor Fund I, according to a filing to the SEC. The post eToro backer
The private equity industry is on track to post its best year with deal value, exit value and fund-raising all on pace to approach or cross $1tn by year end, according to the midyear report
New Spring Capital has hit the hard cap to close its fourth mezzanine fund on $364m, marking the largest mezzanine fund for the firm to date. The post New Spring Capital closes largest mezzanine fund
Clearlake Capital has agreed to back talent management software Cornerstone OnDemand for $57.50 per share in cash, representing an enterprise value of $5.2bn. Fellow private equity Vector Capital will make a minority investment in Cornerstone
The Investment Management Corporation of Ontario has agreed to buy 100% stake of UK Green Frog Power as it expects the UK to be a global leader in the adoption of intermittent renewable energy over
Healthcare-focused buyout house ArchiMed has closed its oversubscribed third fund on €650m despite receiving €1.3bn in the virtual raise. MED III has beat its target of €500m and doubled the size of its predecessor MED
Consumer-focused private equity house Meaningful Partners has hit a final close for its oversubscribed debut fund on $175m, over its hard cap of $150m. The post Consumer-focused Meaningful Partners beats hard cap to close debut
Global buyout giant Blackstone has hired Ramzi Ramsey and Mike Kirkman as managing directors to work across the firm’s Blackstone Growth and Tactical Opportunities businesses. The post Blackstone hires two new MD for Blackstone Growth
Retail and consumer-focused buyout house True has led a $2.7m seed round investment in Canadian home accessories seller Fable Home to capitalize on increase home furnishing demand boosted by the pandemic. The post Retail specialist
Real Estate private equity firm Pennybacker Capital Management has made three promotions in recognition of their contribution. The post Pennybacker makes three promotions, names Beier principal and COO first appeared on AltAssets Private Equity News.
Global buyout major Apollo has agreed to back part of the incumbent local exchange carrier business of Lumen Technologies for $7.5bn, including debt assumption of approximately $1.4bn. The deal valued the company at around 5.5x
The Massachusetts Pension Reserves Investment Management Board (MassPRIM) has broken its record for the highest fiscal year return. The post MassPRIM has record-breaking year for annual returns first appeared on AltAssets Private Equity News.
French private equity house PAI Partners has agreed to buy juice brands including Tropicana and Naked across North America from PepsiCo for $3.3bn. The deal also includes an irrevocable option to sell buy certain juice
Global buyout major TA Associates has hired five new vice presidents to be based in Boston and Menlo Park. The post TA Associates follows rapid $12.5bn fundraise with five senior hires first appeared on AltAssets
Fintech startup Titanbay has hired Alex Bozoglou as head of investments to bolster its fund offering capabilities. Bozoglou will lead on fund selection, portfolio construction and deepening the relationships with GPs. The post Titanbay hires
US specialist venture capital firm Tribe Capital has reportedly hauled in $300m of funds for new investment vehicle, doubling its initial target. The post Tribe Capital said to secure $300m of funding, boosting AUM to
