Washington DC-based private equity firm The Halifax Group has hired Charles Alutto from Stericycle as operating executive in the investment team. Alutto will evaluate the firm’s specific investment opportunities and assist in validating its investment
Bain Capital has made a $300m investment in Polaris-backed Cardurion Pharmaceuticals through Bain Capital Life Sciences and Bain Capital Private Equity. The post Bain Capital joins Polaris to back cardiovascular treatment developer Cardurion in $300m
Lower mid-market investor The Riverside Company has agreed to exit ACTINEO to data analytics provider Verisk at a “high IRR”, the firm said. The post Riverside to exit ACTINEO to Verisk at ‘high IRR’ first
Clearview Capital has exited portfolio company Controlled Products Acquisition to mid-market buyout firm Sentinel Capital Partners. The post Clearview exits turf maker Controlled Products after tripling EBITDA first appeared on AltAssets Private Equity News.
Finnish private equity firm Certior Capital has held a first close on €83m for Certior Credit Opportunities Fund III, which has a target of €300m. The post Certior Capital holds first close for €300m-targeting Credit
Pan European private equity firm IK Partners has acquired healthcare tube system supplier Plastiflex Group out of its €1.2bn Small Cap III Fund. The post IK Investment Partners taps €1.2bn Small Cap III Fund for
CORE Industrial Partners has formed a new additive manufacturing platform through the truple buyout of 3DXTECH, Triton 3D and Gearbox3D. The post CORE Industrial picks up trio of businesses to create new additive manufacturing platform first
Levine Leichtman Capital Partners has continued a strong run of exits with the sale of home healthcare services franchise business Caring Brands International to Wellspring Capital Management. The post Levine Leichtman sells home healthcare franchise
Platinum Equity has agreed a $480m sale of Orbit Irrigation to Husqvarna Group after less than three years in its portfolio. The post Platinum seals $480m Orbit Irrigation sale after doubling adjusted EBITDA in less
HIG Capital has sold its stake in IT consulting, systems integration and software development company CONET to fellow private equity house IK Partners. The post HIG exits IT consulting, services specialist CONET to IK Partners
Venture capital investment giant Andreessen Horowitz is reportedly back eyeing another $6.5bn of capital across two new funds, having already raised about $2.6bn so far this year. The post Andreessen Horowitz said to follow $2.6bn
Advent International is reportedly out eyeing one of the biggest private equity fundraises in history as big firms continue to swell their investment coffers following the Covid-19 outbreak. The post Advent eyes up to $25bn
New early-stage investment house Asymmetric Capital Partners has hit an oversubscribed $105m final close for its debut fundraise. The post New VC house Asymmetric Capital Partners seals target-beating $105m debut fund close first appeared on
Chinese insurance company Ping An Insurance Group has closed Ping An Global Equity Selection Fund II and Ping An GP Opportunities Fund with a total capital commitment of $750m. The post Ping An Insurance Group
European buyout house Equistone Partners has bought into UK-headquartered marketing services business adm Group to capture the opportunity in further consolidating the fragmented market. The post Equistone buys into marketing service provider adm Group to
Texas-based Next Coast Ventures has named former Ultimate Software COO and general manager Julie Dodd as a venture partner. The post Next Coast Ventures brings in experienced COO Dodd as venture partner first appeared on
Ares Management has bought into laser hair removal and skincare business LaserAway, which is backed by Siedler Equity Partners. The post Ares buys into private equity-backed laser hair removal, skincare specialist LaserAway first appeared on
Macquarie Asset Management has agreed to acquire New York-based Central Park Group, an investment advisory firm delivering private client access to institutional private equity, real estate, hedge funds and funds-of-funds. The post Macquarie AM buys
Providence Equity Partners has made a strategic investment in SaaS-based classroom technology platform Seesaw. The post Providence Equity Partners backs global virtual classroom major Seesaw first appeared on AltAssets Private Equity News.
Secondaries private equity specialist Banner Ridge Partners has almost doubled its AUM by collecting $1bn for its latest secondaries fund, just 18 months after closing its predecessor. The post Banner Ridge raises $1bn secondaries fund
