KREST Grows Multifamily Portfolio with Acquisitions in Brooklyn and Philadelphia

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (“KREST” or the “Fund”) has completed the purchases of two Class A multifamily properties with a combined

JP Morgan AM launches life sciences private equity team

JP Morgan Asset Management has launched a new life sciences private equity team targeting early and growth stage healthcare companies. The post JP Morgan AM launches life sciences private equity team first appeared on AltAssets

Olympus Partners seals Liquibox trade sale after seven years of ownership

Olympus Partners has agreed to sell liquid packaging specialist Liquibox to Sealed Air Corporation after seven years in its portfolio. The post Olympus Partners seals Liquibox trade sale after seven years of ownership first appeared

Cinven seals $720m TaxAct buyout to combine with portfolio business Drake Software

Private equity major Cinven has agreed a $720m buyout of TaxAct, which will be merged with the firm's existing portfolio business Drake Software. The post Cinven seals $720m TaxAct buyout to combine with portfolio business

Elon Musk and Twitter Executives May Still Fight in Court

Disputes over compensation and firings, and potentially over layoffs, could push both sides into fresh legal battles.

L Catterton launches impact investing fund amid ‘revolution in consumer demand’

Consumer-focused private equity major L Catterton has launched an impact investing fund platform targeting companies "making the economy cleaner, healthier, and more equitable". The post L Catterton launches impact investing fund amid ‘revolution in consumer

Align races to $620m ‘one and done’ Fund III close just weeks after launching fundraise

Align Capital Partners has taken just a few weeks to seal a $620m 'one-and-done' final close for its third flagship fund, soaring past its initial target in the process. The post Align races to $620m

17Capital gears up for Fund 6

NAV-based preferred equity and credit provider 17Capital has made several legal filings in Luxembourg relating to its next flagship fund, 17Capital Fund 6.

Blackstone agrees $14bn buyout of Emerson’s climate tech business

Blackstone has agreed a $14bn buyout of the climate technologies business of engineering and software major Emerson. The post Blackstone agrees $14bn buyout of Emerson’s climate tech business first appeared on AltAssets Private Equity News.

GP Profile: Equistone banks on experience to ride through the next cycle

European mid-market sponsor Equistone is banking on the multi-cycle experience of its team to carry the firm and its portfolio through the next storm as it looks towards future fundraising and portfolio development, UK-based partner

K1 Investment Management to buy ELMO Software in $319m deal – report

K1 Investment Management, a Los Angeles-based investment firm, has reportedly bought Australia’s ELMO Software in a deal worth AUD 500m ($319m). The post K1 Investment Management to buy ELMO Software in $319m deal – report

Bridgepoint’s Qualitest tipped as 2023 sale candidate amid sponsor interest

Qualitest, a UK-headquartered software testing company, is an expected sale candidate for next year by owner Bridgepoint, according to four sources familiar with the situation.

Mayfair Equity sells VFX company PXO to Sony Pictures Entertainment

Mayfair Equity Partners, a technology-focused investor, has sold its position in Pixomondo, (PXO) an Oscar and Emmy award winning virtual production, visualisation and VFX company, to Sony Pictures Entertainment. The post Mayfair Equity sells VFX

Long Ridge Equity Partners buys stake in Acqueon from Everstone Capital

Long Ridge Equity Partners has made a majority growth investment into omnichannel customer engagement software Acqueon. The post Long Ridge Equity Partners buys stake in Acqueon from Everstone Capital first appeared on AltAssets Private Equity

Warburg Pincus invests $350m to launch InsurTech Oona

Global private equity investor Warburg Pincus has committed $350m to set up Southeast Asian digital insurance platform Oona. The post Warburg Pincus invests $350m to launch InsurTech Oona first appeared on AltAssets Private Equity News.

Madrona shakes up portfolio management team with 3 hires

Venture capital investor Madrona has named three new team members who will work with portfolio companies on strategy and execution. The post Madrona shakes up portfolio management team with 3 hires first appeared on AltAssets

Gauge Capital names Garrett Fair as principal in charge of investment strategy

Mid-market Texas buyout house has appointed Garrett Fair as a principal and will lead the firm’s enterprise software investment strategy. The post Gauge Capital names Garrett Fair as principal in charge of investment strategy first

AlpInvest registers Co-investment Fund IX

Private equity manager Alpinvest has made a legal filing for Alpinvest Co-investment Fund IX (ACF IX), a year and a half after the final close of the predecessor vehicle in the strategy.

Trilantic-backed Oberberg's auction delayed on market malaise

Bidders and financiers keen on getting a closer look at Oberberg may have to wait a little longer for Trilantic to launch an auction for the German psychiatry clinic, four sources familiar with the situation

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.