Monday, February 18, 2019

Deal news

Rockbridge launches new fund amid making $355m selling portfolio stakes

Rockbridge Growth Equity has raised $355m from selling its stakes in four portfolio companies to an investor consortium, as the firm establishes a new fund.

People news

US private equity veteran Michael Calvey detained in Russia amid fraud...

Baring Vostok Capital Partners founder Michael Calvey is being held in detention in Moscow in connection with a fraud investigation involving one of the firm's portfolio companies.

Features

Why PE houses are increasingly selling stakes in themselves to investor...

The rising trend for private equity firms selling off non-controlling stakes to investor funds is gaining increased traction in Europe following a strong start in the US. PwC head of PE tax Mark Wardle, PE director Oliver Williams and PE solicitor Tim Sydor investigate the reasoning behind the upsurge.

LP News

CalPERS sets aside $1.1bn for IVP, PAG and KKR private equity...

The California Public Employees' Retirement System has named funds managed by Insight Venture Partners, PAG and KKR among recipients of $1.1bn of commitments.

Knowledge Bank

Tech investments drive strong PE returns performance

A surge in the performance of tech investments was a key driver of US private equity returns across 2017 and 2018, new research from Cambridge Associates suggests.

Popular Articles

US private equity veteran Michael Calvey detained in Russia amid fraud investigation

Baring Vostok Capital Partners founder Michael Calvey is being held in detention in Moscow in connection with a fraud investigation involving one of the firm's portfolio companies.

Bamboo Capital picks up capital towards new €200m-targeting impact fund

Bamboo Capital Partners has received its first commitments towards a new $200m-targeting impact fund focused on agriculture businesses.

Rockbridge launches new fund amid making $355m selling portfolio stakes

Rockbridge Growth Equity has raised $355m from selling its stakes in four portfolio companies to an investor consortium, as the firm establishes a new fund.

Jurvetson’s Future Ventures pulls in $300m for first fundraise

Future Ventures, a new VC launched by DFJ co-founder Steve Jurvetson, has raised $200m for the final close of its maiden fundraise.

Mid Europa secures 4x return in €260m Bambi sale to Coca-Cola HBC

CEE investor Mid Europa Partners has agreed to sell its biscuit producing business Bambi to trade-buyer Coca-Cola HBC for €260m.

Apollo embarks on broadcasting drive with Cox TV carve-out

Apollo Global Management has agreed to buy a majority stake in 14 television stations owned by Cox Media Group.

Tech investments drive strong PE returns performance

A surge in the performance of tech investments was a key driver of US private equity returns across 2017 and 2018, new research from Cambridge Associates suggests.

Riverside backs 300-year-old rum business E&A Scheer

Global private equity house The Riverside Company has backed centuries-old rum blender and seller E&A Scheer.

Partners Group-backed impact investor hits target-busting $210m to close debut fund

An impact investment house backed by Partners Group has soared past the target for its debut fund to haul in $210m for a final close.

Healthcare PE specialist Beecken Petty O’Keefe adds Health E-Commerce to portfolio

Specialist Chicago private equity house Beecken Petty O’Keefe & Company has backed Health-E Commerce, the parent company of a family of e-commerce brands dedicated to pre-tax health and wellness products and services.

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