Robert Smith, founder of private equity firm Vista Equity Partners, is seemingly under investigation by the US Justice Department, according to a Bloomberg report. The publication has spoken with four sources familiar with the matter
Private equity firm Blackstone Group is reportedly about to acquire genealogy provider Ancestry.com in a $4.7bn deal. The deal will include debt and would mark the first acquisition made from Blackstone’s Blackstone Capital Partners VIII
Alternative investment manager Ares Management bagged $4.4bn in commitments despite dealing with the coronavirus fallout. The results from the second quarter of 2020 also saw it raise approximately $1.7bn in commitments across 24 transactions. “Despite
Torstar Corporation has announced that the Ontario Superior Court of Justice has approved its plan to acquire private equity firm NordStar Capital LP. Through the deal, Torstar will become the owner of all NordStar’s issued
Social impact private equity firm TPP Capital Management Group is launching a $1bn initiative to support health in black communities and is looking for LPs to support it. The Philadelphia-based firm has said it is
Carlyle is reportedly eyeing up to $2bn for a new fund dedicated to mid-market North American private equity deals amid a tweak in its growth investing strategy.
Private equity firms with stakes in the US healthcare industry could have managed to tap into federal bailout money designed to give small businesses a lifeline through the pandemic. A new data dump of data
Middle-market private equity firm Charlesbank Capital Partners has closed its Charlesbank Credit Opportunities Fund II after crushing its $500m target by receiving LP commitments in excess of its $700m hard cap. The new round is
Private equity firm Abry Partners has acquired a majority stake in HealthEZ, an independent third-party administrator (TPA) of self-funded medical plans, adding the company to its growing portfolio of healthcare services investments. Abry’s investment is
Summit Partners, a global private equity firm, has closed a pair of funds which have a combined capital pool of $2.2bn.
New research suggests that private equity firms and hedge fund managers have poured over $21m into Joe Biden’s campaign to become the next president of the US, but has only injected $3.6m into Donald Trump’s
Private equity firm HQ Capital has just announced the raise of its largest fund ever in its three decade-long history. The global alternative investment firm of the Germany based HQ Group has announced the final
The former boss of beleaguered mobile payments and commerce company Mozido has joined private equity firm One Equity Partners as its new operating partner. R. Todd Bradley will take up the role after having served
New research suggests that the coronavirus could have impacted private equity firms desire to close buyout fundraising deals. Having looked at data from its own platform covering the first three months of 2020, CEPRES revealed
Enstar Group has announced that it has agreed to a recapitalisation of StarStone U.S. led by SkyKnight Capital, Dragoneer Investment Group and Aquiline Capital Partners. Together, the investors have committed $610m in new equity capital
Enstar Group has announced that it has agreed to a recapitalisation of StarStone U.S. led by SkyKnight Capital, Dragoneer Investment Group and Aquiline Capital Partners. Together, the investors have committed $610m in new equity capital
Digital yard solutions provider PINC has secured a significant growth equity investment from Accel-KKR, the Menlo Park-headquartered technology-focused private equity firm. Founded in 2004, PINC provides real-time visibility and workflow orchestration to yard operations across
Operationally focused middle market private equity firm the Sterling Group has closed its oversubscribed Sterling Group Partners V, LP fund at its $2bn hard cap. Most of the the money injected into Fund V was
Despite the market expected to see declines in revenue following the impact of the coronavirus, investors are still seeking new deal opportunities, a report from Mazars claims.
