Eastern European and Russian-speaking entrepreneurs are over-looked and under-valued - so goes the thesis of early-stage investor Leta Capital, which has launched its third and largest fund to date. The post East Europe, Russian entrepreneurs
Platinum Equity has agreed to acquire a majority stake in SVP-Singer Holdings (“SVP Worldwide”), the world’s largest consumer sewing machine company. Singer was formed in 1851 by Isaac Singer and Edward Clark. The company began
Palladium Equity has added Meahgan O’Grady to its team as Director of Business Development, a newly-created position. Through her past work experience, Ms. O’Grady brings to Palladium numerous relationships across multiple channels, including development teams
South Korea’s busy IPO market is continuing to pump out deals, with the latest listings coming from Kakao Pay and Covid-19 test maker SD Biosensor. But issuers still have to be realistic, as Krafton found
In the week ending April 16th 2021, new data from Citco revealed that 2020 was a surprisingly good year for fund of hedge funds. Fund of hedge funds delivered an average return for the year
Scholl’s Wellness Company, a portfolio company of Yellow Wood Partners, has agreed to acquire the Scholl footcare brand (Scholl), which operates globally outside of the Americas, from consumer-goods company Reckitt Benckiser. The buy of Scholl
Grafine Partners has hired Julie Fisher as a new managing director. In her new position with Grafine, Ms. Fisher will focus primarily on business development and investor relations. Grafine sources, screens, structures and invests in
The firm said that one of its largest investments, TGI Fridays, performed well across the fluctuating conditions of 2020
American Refrigeration Company, a portfolio company of Southfield Capital, has acquired Capitol Engineering, a provider of HVAC services. Capitol Engineering’s services include system design, installation, monitoring, maintenance and repair. The company serves commercial and industrial
Wind Point Partners has held a hard-cap close of the firm’s ninth fund, Wind Point Partners IX LP, with approximately $1.5 billion in capital commitments. This is the largest fund ever raised by Wind Point.
Alternative credit manager Chorus Capital has soared past its Fund IV target to haul in $1.4bn for one of the largest private credit funds raised in Europe since the start of the Covid-19 crisis.
As experts predict the region will become the world’s largest legal cannabis market over the next five years, some growth equity firms are rushing to get in there first
Publicly traded Superior Plus has agreed to sell its specialty chemicals business to Birch Hill Equity Partners for a total consideration of C$725 million. Superior Plus (TSX: SPB) is a distributor and retailer of propane
Bunker Hill Capital has sold Taos Mountain, an IT managed services provider, to IBM. San Jose-based Taos provides multi-cloud cloud consulting and managed services to North America-based companies that are active in the technology, financial
Novacap has closed Novacap TMT VI LP (Nova VI) with just over $1.8 billion of capital. The new fund is the largest ever raised by Novacap. Nova VI was significantly oversubscribed and beat its target
Alger today announced the expansion of its Collective Investment Trust (CIT) offerings with Alger Focus Equity CIT, a focused portfolio of approximately 50 high-conviction, large capitalization...(PRWeb February 18, 2021)Read the full story at https://www.prweb.com/releases/alger_expands_retirement_plan_offerings_with_high_conviction_focused_large_cap_collective_investment_trust/prweb17711014.htm
Laxman Pai, Opalesque Asia: Canadian private equity manager Novacap has closed buyout fund Novacap TMT VI at $1.9 billion, making it the largest fund raised by the firm to date. The closing well exceeded the
World’s largest bottled-water maker seeks to sharpen its focus on more lucrative, premium brands in North America
Canadian private equity house Novacap has raised its largest-ever fund by bringing in more than $1.86bn to close its TMT VI vehicle.
