Private markets fundraising has remained strong in the first half of 2022 – but terror over rising inflation and increased market volatility is seeing LPs shake up their allocations to combat the two-headed dragon. Krishna
KKR has made its largest return in recent history agreeing to exit CHI Overhead Doors to Nucor Corporation at 10x returns in a $3bn valuation deal. The post KKR marks historic 10x returns with $3bn
Underserved market focused private equity house Troob Capital has closed its second tactical opportunities fund at $209m, three years after its inaugural fund. The post Troob Capital closes Tac Opps Fund II for specialty financing,
Global buyout giant Carlyle has agreed to buy NSM Insurance Group from White Mountains Insurance at a valuation of $1.775bn. The post Carlyle to buy into NSM Insurance at $1.775bn valuation first appeared on AltAssets
Oak Hill Capital Partners has hired healthcare veteran David Pryor as a senior advisor. The post Oak Hill Capital adds healthcare veteran David Pryor as senior advisor first appeared on AltAssets Private Equity News.
Asset management groups Fidelity, Brookfield and Sequoia Capital are among the new backers to provide financing for Elon Musk's $4bn buyout of Twitter, the Financial Times reported. The post Sequoia backs Musk’s Twitter deal while PE
Fintech-focused investor Aquiline Capital Partners has held a final close of Aquiline Technology Growth Fund II on $365m of commitment, nearly doubling the close of the first fund. The post Aquiline almost doubles predecessor to close Technology
Mid-market private equity house The Jordan Company has bought into Flywheel Software. The post The Jordan Company adds Flywheel Software as latest portfolio company first appeared on AltAssets Private Equity News.
Apollo Global Management is said to be in talks with Elon Musk to provide further preferred equity financing to reduce the $21bn cash contribution he has committed in the Twitter acquisition deal. The post Apollo
UK buyout firm Cinven has hired Julia Kahr from Blackstone to be partner and head of North America. The post Cinven hires Blackstone exec Julia Kahr to head North America businesses first appeared on AltAssets
Abry Partners has made a $100m investment in new media company launched by standup comedian and Hollywood actor Kevin Hart. The post Kevin Hart’s new media venture gets $100m investment from Abry Partners first appeared
Tiger Infrastructure Partners has closed its third flagship fund on its $1.25bn hard cap, smashing its $750m target. The post Tiger Infrastructure smashes $750m target to close Fund III on $1.25bn first appeared on AltAssets
Media and entertainment-focused investor Coral Tree has closed its inaugural fund on $470m, exceeding its target of $350m. The post Media, entertainment investor Coral Tree closes inaugural fund above hard cap on $470m first appeared
Private equity firms Cerberus Capital Management is said to be after retail chain Bed Bath & Beyond's Buybuy Baby business, Wall Street Journal reported citing sources. The post Cerberus Capital said to be after Bed
Software-focused PE house Thoma Bravo is reported in talks with Tesla chief executive Elon Musk to partner for a possible takeover bid for Twitter, New York Post reported quoting two sources. The post Thoma Bravo
Software investor Mainsail Partners has closed its biggest fund on $915m, boosting its total capital raised to $2.2bn. The post Mainsail reaches $2.2bn of capital commitments thanks to biggest fundraise yet first appeared on AltAssets
Serena Ventures, the investment firm of tennis star Serena Williams, has made a seven-figure investment in sports marketing tech start-up OpenSponsorship. The post Serena Williams’ investment firm backs sports marketing tech start-up OpenSponsorship first appeared
Private equity firms have expressed interest in participating in a deal for Twitter, Reuters reported quoting people familiar with the matter. The post Private equity firms show interests in a Twitter deal – report first
Healthcare-focused buyout house ArchiMed has agreed to take medical device maker Natus Medical private for $1.2bn. The post ArchiMed to take medical device maker Natus Medical private for $1.2bn first appeared on AltAssets Private Equity News.
Global buyout major TPG has led a new funding round in digital experience management platform Salsify at $2bn valuation. The post TPG led new funding round valuing Salsify at $2bn first appeared on AltAssets Private
