Private equity has remained a driving force for deals in the financial services sector so far this year even as concerns over rising financing costs and a brewing recession cloud the outlook for M&A in
Global climate tech investor Systemiq Capital has hit a $70m first close for its sophomore fund, with eyes on a $200m target. The post Climate tech investor Systemiq hits first close for $200m-targeting Fund II
Global sustainable infrastructure investment major Actis has agreed to sell Africa's largest pure play renewable energy independent power producer Lekela. The post Actis seals exit of Africa’s largest pure-play renewable energy independent power producer first
Epiris has acquired Sepura, a UK-based provider of digital walkie-talkies for public safety users, from Hytera Communications, a Chinese manufacturer of wireless telecommunication equipment.
FPE Capital, a software and services focused lower mid-market growth investor, has invested in Dynamic Planner, a software provider to the UK wealth management sector, according to a statement.
Private equity major Permira has reportedly raised more than €16bn for its new flagship buyout fund, beating its target at first close. The post Permira said to hit €16bn for massive new fundraise, still collecting
Credit Suisse Asset Management has struck a $1.67bn final close for its first direct lending-focused fund. The post Credit Suisse AM strikes $1.67bn final close for first direct lending fund first appeared on AltAssets Private
Mobility startups-focused venture capital house Vektor Partners has launched a €125m fund aimed at building "a more connected, autonomous, shared, electric, and sustainable future". The post Vektor Partners launches €125m fund targeting mobility startups first
Battery Ventures has raised $3.8bn across its new flagship venture capital fund and a new select vehicle. The post Battery Ventures brings in $3.8bn across flagship Fund XIV, Select Fund II first appeared on AltAssets
Bridgepoint has appointed Macquarie to oversee its exit of Cambridge Education Group's (CEG) private equity backer, a UK-based pathway programme provider, five sources familiar with the situation said.
Nova Infrastructure has hit a $565m final close for its debut fundraise, with eyes on value-add mid-market infra deals in North America. The post Nova Infrastructure seals $565m debut fundraise, eyes North American mid-market infra
More than half (54%) of European mid-market private equity firms expect the number of new acquisitions they will make in the next year to increase, according to research carried out by investment research firm Third
The $204bn-managing Texas Teachers' Retirement System has backed a string of new private equity and real estate funds managed by firms including Blackstone and EQT. The post Blackstone, EQT megafunds among latest Texas Teachers’ commitments
US buyout house DigitalBridge and Canada's Brookfield Asset Management have scored a surprise €17.5bn buyout of Deutsche Telekom's towers business after coming in with a big late bid in the auction. The post Surprise €17.5bn
UK private equity investor Pelican Capital is celebrating a roughly 6.5x return through the exit of parking technology provider YourParkingSpace. The post Pelican Capital scores 6.5x return through savvy YourParkingSpace investment first appeared on AltAssets
Crypto startup investor Multicoin Capital has scored a hefty fund size increase through the $430m final close of its third flagship VC fund. Venture Fund III is a marked step-up from the $100m sophomore vehicle Multicoin
Global private equity giant KKR has hit a $2.1bn final close for its first fund dedicated to asset-based finance investments. The post KKR raises $2.1bn for debut asset-based finance fund amid rising demand in sector
Five Arrows has sold Hygie31, a France-based pharmacy chain that includes low-cost brand Laf Sante, to Latour Capital in an auction preempted by the French sponsor.
Amidst a crowded fundraising market and a tough macroeconomic environment, final closes of private equity funds in Europe to date in 2022 have struggled to keep up with the same period in 2021. However, a
Bain Capital has mandated Robert W. Baird and Barclays Capital to sell Dutch pram developer Bugaboo International, according to two sources familiar with the situation.
