Sunday, December 9, 2018

Deal news

KKR leads $100m funding round for FinTech-focused Cross River Bank

KKR has led a $100m funding round in FinTech-focused Cross River Bank, as it commits $75m of its own cash from its Private Credit Opportunities Partners II vehicle.

People news

Permira Advisor, ex-KPMG veteran van Breukelen to join Gilde Equity Management

Mid-market Benelux buyout house Gilde Equity Management has agreed to hire Permira senior advisor and former KPMG Netherlands CEO Jurgen van Breukelen as managing partner.

Features

LPs anticipate bargain bucket sale on UK assets post-Brexit

Almost half of LPs see opportunities in buying UK-based assets cheaply post-Brexit as investors reel from the turbulent political events across the globe, new figures suggest.

LP News

Texas Teachers unveils RE focus among $935m of commitments

The Texas Teacher Retirement System has set its sights on the real estate market by committing $935m to a number of alternative asset funds in November.

Knowledge Bank

Biotech backing from PE, VC falls to lowest monthly value since...

Private equity and venture capital investment in the burgeoning biotech sector fell to a 19-month low in October despite a relatively positive deal volume performance, new research shows.

Popular Articles

Costanoa Ventures follows Fund III with $75m opportunity fund raise

Costanoa Ventures has raised $75m for the final close of an opportunity fund, bringing its capital under management to $600m.

Crestline Investors closes second specialty lending fund on $800m

Crestline Investors has raised $800m for the final close of its Specialty Lending Fund II managed by its direct lending unit.

KKR leads $100m funding round for FinTech-focused Cross River Bank

KKR has led a $100m funding round in FinTech-focused Cross River Bank, as it commits $75m of its own cash from its Private Credit Opportunities Partners II vehicle.

Texas Teachers unveils RE focus among $935m of commitments

The Texas Teacher Retirement System has set its sights on the real estate market by committing $935m to a number of alternative asset funds in November.

Baring Private Equity Asia invests $904m in struggling Pioneer Corp

Baring Private Equity Asia has agreed to invest JPY102bn ($904m) in Japanese audio specialist Pioneer Corp, after the company faced financial issues earlier in the year.

Permira Advisor, ex-KPMG veteran van Breukelen to join Gilde Equity Management

Mid-market Benelux buyout house Gilde Equity Management has agreed to hire Permira senior advisor and former KPMG Netherlands CEO Jurgen van Breukelen as managing partner.

Premji Invest leads $103m Series E round for big data, analytics streamliner Looker

Looker, a big data analytics provider being used by FinTech companies including Avant and Venmo, has picked up a $103m financing round led by Premji Invest.

China’s Gaorong Capital closes on $500m of new capital for fourth US-dollar fund series

Gaorong Capital, the Chinese early stage investment house which rebranded its UK name from Banyan Capital six months ago, has pulled in a total of $500m to close its fourth US dollar-denominated fund.

Aperture Venture Partners opens up fifth flagship fund to investors

Healthcare-focused New York investment firm Aperture Venture Partners is back in the market with its fifth flagship fundraise, AltAssets can reveal.

ACON exits Betterware de Mexico after three-year hold

Latin America-focused private equity player ACON Investments has exited home organisation and houseware product business Betterware de Mexico after three years in its portfolio.

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