KKR Completes Acquisition of OverDrive

CLEVELAND , June 9, 2020 /PRNewswire/ -- OverDrive , the leading digital reading platform for libraries and schools, today announced the completion of its acquisition by KKR , a leading global investment firm. In December

Balbec Capital raises $1.2bn for latest global credit fund

Opalesque Industry Update - Balbec Capital, LP, a global alternative asset manager with expertise sourcing and investing in bankrupt and insolvent credit, has completed the final close of InSolve Global Credit Fund IV, L.P. (the

Cortec Notches 25x ROC on YETI Exit

Cortec Group has sold its remaining equity interest in YETI, a designer and marketer of ice chests and coolers. Cortec acquired YETI in partnership with the company’s founders, Roy and Ryan Seiders, in June 2012.

Z Capital Get New MD

Z Capital has added Timothy Chiodo to its investment team as a new managing director. Mr. Chiodo will be active sourcing and executing new transactions and portfolio company oversight. Prior to joining ZCG, Mr. Chiodo

Private equity fundraising set for coronavirus shakeout as LPs hunt for volatility winners

Private equity firms face an uphill battle to convert new LP relationships into committed capital this year, as the coronavirus crisis skews limited partner attention towards re-ups and existing relationships, new research suggests.

Vitruvian Partners acquires majority stake in Scrive

London-based Vitruvian Partners has acquired a majority stake in Scrive, a Swedish provider of digital signature and identity solutions.

Whitehorse already said to eye new $3bn fundraise, just months after closing $2bn vehicle

Secondaries private equity specialist Whitehorse Liquidity Partners is reportedly already eyeing $3bn for a new fundraise - just a few months after closing its $2bn third fund.

Indian VC Unitary Helion rebrands to Arkam Ventures amid reveal of INR3.25bn debut fund first close

Indian venture capital house Unitary Helion has rebranded to Arkam Ventures amid sealing the first close of its INR7bn ($93m) targeting debut fundraise.

Rotunda Capital passes $123m for first fundraise, well on the way to $175m goal

Rotunda Capital has pulled in more than $123m towards what is believed to be its debut fundraise, putting it well on the way to its goal.

InstarAGF scores hefty fund size increase with $1.2bn Fund II final close

Infrastructure investment specialist InstarAGF has hauled in $1.2bn for the final close of its second fund, beating its initial target.

QuadTalent hits almost $200m valuation thanks to Gaorong Capital investment

QuadTalent, a digital transformation solutions provider, has hit a valuation of almost $200m thanks to a Series A round led by Gaorong Capital.

Bankers fear sustained M&A slump

Since the beginning of April, deals worth $191.7bn have been announced globally, a 68% drop on the same period last year, and the slowest start to the year since 2013

AMB :- The Corona Fighters Report 42: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020. Machin...Article Link

The Corona Fighters Report 42: Asset managers who delivered in the downturn

Bailey McCann, Opalesque New York: This is our regular report on hedge funds and alternative asset managers who are successfully protecting assets and outperforming the markets during the first months of 2020. Machine Learning pays

Alibaba Health seals HK’s largest follow-on in five years

Alibaba Health Information Technology navigated concerns around its lofty valuations to pull off Hong Kong’s largest primary follow-on in five years, raising HK$10bn ($1.29bn) after boosting the size of the deal. The transaction closed with

QIPs in focus as HDFC, Axis wrap up deals

Investors threw their weight behind Housing Development Finance Corp's Rp140bn ($1.87bn) fundraising this week.

True Ventures powers on with hectic fundraising pace, eyes over $750m across two new funds

True Ventures is already back in the market eyeing more than $750m across a pair of new funds, less than two years after closing its predecessor vehicles in the strategies.

Vitruvian Partners buys into growing European digital signature, ID business Scrive

Vitruvian Partners has bought European digital signature and identity solutions business Scrive.

Investec spin-out launches recovery fund to save South African economy “in induced coma”

A new coronavirus economic recovery fund targeting South Africa has been launched by Ninety One, which has just demerged from Investec Bank, and Ethos Private Equity.

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.