InsurMark President Steve Kerns Launches Golf Marathon to Benefit…

Kerns’ new initiative involves a year-long series of golf marathons(PRWeb January 25, 2021)Read the full story at https://www.prweb.com/releases/insurmark_president_steve_kerns_launches_golf_marathon_to_benefit_folds_of_honor_in_2021/prweb17674966.htm

Partners Group becomes majority owner of TA, HGGC-backed Idera

Global private markets investment major Partners Group has upped its investment in IT professional software provider Idera to become the majority owner.

Mytheresa IPO is less fashion-forward than it looks

Former Neiman Marcus owners have sold a stake in the German online retailer at a high valuation, but its business model may need a makeover

EMH sells stake in Native Instruments

EMH Partners has sold its stake in Germany-based DJ software and audio equipment producer Native Instruments to technology-focused sponsor Francisco Partners.

InfraVia's Celeste acquires PE-backed VTX Telecom

B2B telecommunications operator Celeste, a portfolio company of InfraVia Partners, has acquired Switzerland-based VTX Telecom, in which Spiarex and Iris Capital owned minority stakes.

Mountain of small loans looms over Europe’s pandemic-hit banks

Banks have outsize exposure to small businesses, the backbone of the continent’s economy. If these businesses fail, pain awaits Europe’s already-stretched lenders.

Ridgemont Equity picks schools software business Softdocs as latest investment

Ridgemont Equity Partners has made a growth investment in Softdocs, an enterprise content management software provider for the higher education and K-12 markets.

Dissolved Brexit committee warns of ‘gap in scrutiny’

The Parliament’s former influential Brexit committee said in a report the UK should keep tabs on EU ties

Neuberger Berman closes $208m private equity fund backed by individual ‘Main Street’ investors

Neuberger Berman has launched a $208m private equity fund to increase exposure to the asset class for individual investors.

Ex-Mainsail execs seal $130m final close for second Growth Street Partners fundraise

San Francisco-based investor Growth Street Partners has hit a $130m final close for its second fundraise targeting B2B software-as-a-service and tech-enabled services companies.

Hellman & Friedman transfers TeamSystem from fund VII to fund IX

Hellman & Friedman Capital Partners IX (HFCP IX) has acquired business management software company TeamSystem from an entity controlled by Hellman & Friedman Capital Partners VII (HFCP VII).  

TA Associates sells ITRS Group to Montagu PE, four years after buying business from Carlyle

TA Associates has agreed a sale of real-time monitoring and analytics software ITRS Group to UK private equity house Montagu.

M&A deals in food and drink sector fell 40% in 2020, report finds

With private equity exit lagging buyout last year, in 2021 the number of exits would depend upon the strength of PE portfolios, says Mark Lynch, partner at Oghma Partners

Blackstone's Schwarzman Stays Loyal to Trump

The Blackstone chief executive stuck with President Trump despite the occasional slight, and stopped short of criticizing him even after the Capitol attack.

Brexit sparks war among bankers over clients

'It’s infuriating,' says one senior banker. 'I discovered the client. I put in all the work and now I’m expected to just hand them over to someone else?'

French secondaries specialist Bex to land in NY

The firm, launched in 2010, is dedicated to buying secondhand stakes in private equity fund of funds

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