Sunday, November 17, 2019

Fund news

Software-focused Alpine Investors bags $1bn to close Fund VII

Mid-market buyout house Alpine Investors has raised $1bn of capital commitments for the final close of Fund VII, boosting its assets under management to $2.7bn.

Deal news

Partners Group scores stunning 30x return as Hellman & Friedman buys...

Partners Group has sealed a return of more than 30x by selling its long-held stake in European discount retailer Action to Hellman & Friedman, giving the company an enterprise value of €10.25bn.

People news

Bain Capital’s Deval Patrick resigns, pulls trigger on US presidential bid

The co-managing partner of Bain Capital’s Double Impact fund, Deval Patrick has resigned to announce his candidacy for the Democratic Party's US presidential nomination.

Features

Southeast Asia’s secret sauce is convincing LPs to commit more

Southeast Asia’s tech investment success stories are challenging misconceptions about the ‘emerging market’ as shifting demographics boost the countries’ opportunities - and foreign investors are already catching on.

LP News

CDPQ chief exec Michael Sabia to quit after more than a...

Caisse de dépôt et placement du Québec president and chief executive officer Michael Sabia has announced he is stepping down from his role next year after a 11-year tenure at the pension fund.

Knowledge Bank

Global PE dealmaking struggling to recover after falling off a cliff...

A slew of megadeals helped the global private equity dealmaking market continue its creeping recovery after falling off a cliff in the traditional August lull, new research shows.

Popular Articles

Bain Capital’s Deval Patrick resigns, pulls trigger on US presidential bid

The co-managing partner of Bain Capital’s Double Impact fund, Deval Patrick has resigned to announce his candidacy for the Democratic Party's US presidential nomination.

Software-focused Alpine Investors bags $1bn to close Fund VII

Mid-market buyout house Alpine Investors has raised $1bn of capital commitments for the final close of Fund VII, boosting its assets under management to $2.7bn.

HarbourVest smashes target for $3bn co-investment fund V close

Global asset manager HarbourVest Partners has smashed the target of its latest direct co-investment fund to close on a $3bn hard cap.

Partners Group scores stunning 30x return as Hellman & Friedman buys into Action at...

Partners Group has sealed a return of more than 30x by selling its long-held stake in European discount retailer Action to Hellman & Friedman, giving the company an enterprise value of €10.25bn.

Apax said to consider $4.4bn Unilabs sale

Private equity major Apax Partners is said to be mulling over the sale of its Swiss diagnostic services company Unilabs.

Advent eyes international expansion of fitness software startup Mariana Tek following buyout

Buyout major Advent International has agreed a deal for US fitness studio software developer Mariana Tek.

Eniac Ventures eyes up to $125m for latest fund targeting pioneering software startups

Seed stage software investment specialist Eniac Ventures could collect up to $125m for its fifth flagship fundraise targeting the consumer, enterprise and deep tech sectors.

VC fund of funds house formed by ex-San Francisco 49ers stars hits $120m for...

Venture capital fund of funds specialist Northgate Capital has sealed a $120m final close of its 17th investment vehicle.

Thriving esports sector draws in another investment house as Artist Capital closes $100m fund

The blossoming competitive professional video games market has tempted another investment house, with Artist Capital Management raising $100m for its debut growth fund targeting the sector.

Norwest rakes in $2bn to close biggest-ever fund after two strong years of exit...

Norwest Venture Partners has closed its biggest fund to date on $2bn following a record two years of exit success.

Get the latest PE News & Research delivered to your inbox every morning