As Apollo CEO Leon Black is distancing himself from the links made between him and convicted paedophile Jeffrey Epstein, investors are now starting to imagine a future without Black at the helm after an email
Private equity newcomer Teleo Capital has acquired Rand McNelly. The fleet management and asset tracking solution provider now plans to accelerate the development of its technology. The details about the deal were not disclosed, DC
The Blackstone Group has raised $8.2bn for its long-hold private equity fund, making Blackstone Core Equity Partners II fund roughly 70% bigger than its predecessor. The New York-based investor closed its fund at a hard
While the search for the next chief investment officer for California Public Employees’ Retirement System (CalPERS) is still ongoing, it’s clear that the US’ largest public pension fund wants more investment into private equity. In
From: FinTech Global Alternative investment FinTech iCapital Network is celebrating reaching a series of milestones in its expansion into the European and Asian markets. The WealthTech platform is created to drive access and efficiency in
From: RegTech Analyst Private-equity firm Thoma Bravo has raised $22.8bn to three tech-focused funds, making it one of the largest fundraising hauls ever, according to the Wall Street Journal. The Chicago-based firm has previously bought
From: FinTech Global An investor who’ve previously backed FinTech companies is facing a revolt due to his ties with convicted sex offender Jeffrey Epstein. Leon Black is the chairman, CEO and founder of Apollo Global
From: FinTech Global Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant. Wirecard imploded this summer after a suspected
Santander is spinning out its venture arm into the new entity Mouro Capital, a new autonomous investment firm using its $400m in allocated funds to back innovate FinTech startups without the fear of the big
Eurazeo's growth buyout investment division has snapped up former Searchlight Capital partner Eric Sondag as managing director in its New York office.
Los Angeles Fire & Police Pensions has upped its private equity allocation by 2 percentage points to 14%, according to Ray Ciranna, general manager of the pension plan. He revealed the change in an email
New York State Common Retirement Fund (NYSCRF) to invest $150m in aircraft-leasing fund managed by private equity firm Castlelake. When asked by IPE Real Assets about the timing, given how the coronavirus pandemic has affected
Even though M&A activity is far below those seen before the coronavirus outbreak, it seems as if private equity firms are renewing their interest in deals, according to research from Bain & Company. The management
The US Securities and Exchange Commission (SEC) has voted to amend its definition of accredited investors, meaning more people will soon be eligible to enter the private capital market. The changes will do away with
Private equity investor the Blackstone Group has made a $275m investment into logistics company Cryoport. The Blackstone Group investment will reportedly see the company buy $250m worth of Cryoport convertible preferred stock and $25m of
Private equity firm TPG could be about to rake in $700m across the initial public offering of two blank-check companies, according to sources familiar with the matter speaking with Bloomberg. They told the publication that
Private equity firms could end up coming out on top of the coronavirus pandemic as they gear up to take advantage of market uncertainty caused by the crisis, new research from alternative investment manager Hamilton
Global investment firm the Carlyle Group has acquired a portfolio of solar development projects in Maine from global solar independent power producer BNRG. The deal was made through the investment group’s new affiliate Acadia Renewable
Private equity giant KKR has just promoted Suzanne Donohoe to the take on the new role of global head of strategic growth. In her new role, Donohoe will focus on building new businesses for the
Kain Capital has completed its investment in healthtech platform MDLand, which creates solutions for managed care service providers to work more efficiently and to give better care to patients. “At Kain, we are always looking
