Trending Now
Fund news
Sports franchise PE specialist Arctos raises over $3bn for debut fund,...
Arctos Sports Partners has raised more than $3bn for its debut fund and co-investments targeting stakes in sports franchises.
Deal news
HIG settles mental health billing fraud case with almost $20m payment
Private equity major HIG Capital has paid almost $20m to settle a lawsuit claiming its mental health company portfolio business South Bay fraudulently billed Medicaid for services provided by unlicensed, unqualified, and improperly supervised staff.
People news
DFJ Growth closes $1bn growth fund, hires Justin Kao as partner
Tech investor DFJ Growth has closed DFJ Growth IV with close to $1bn of investments.
Features
How LA buyout house Diversis turned the crisis of Covid into...
Traditional wisdom might tell you there are opportunities in every risk – but in times of uncertainty, it is just sometimes not so easily compensable. The Covid-19 pandemic has been one of the most uncertain times globally in recent human history, but inevitably some have managed to turn it into an opportunity. Los Angeles private equity house Diversis closed its second software-focused fund on $675m in September within three months of its formal launch, surging past its initial $500m target. AltAssets report Emily Lai found out from Diversis’ co-founders and managing partners Kevin Ma and Ron Nayot how they managed to use the pandemic as a backbone for the fundraise.
LP News
Clearlake gets another big LP commitment towards $10bn-targeting new fund
US pension giant LACERA is the latest big instutional investor to commit to Clearlake Capital's hefty new fundraise, which is reportedly targeting $10bn.
Knowledge Bank
LPs eye uptick in fund closing before year end, plan to...
Institutional investors remain constructive on private capital markets amid a backdrop of rising inflation, potentially higher interest rates and increased scrutiny on ESG issues, new research from Eaton Partners shows.
Popular Articles
Sports franchise PE specialist Arctos raises over $3bn for debut fund, co-investment capital
Arctos Sports Partners has raised more than $3bn for its debut fund and co-investments targeting stakes in sports franchises.
Inovia raises $334m inaugural continuation fund from BlackRock, HarbourVest to expand beyond VC investments
Tech-focused venture capital firm Inovia Capital has collected $334m for its first continuity fund from fellow buyout houses BlackRock, HarbourVest Partners, Northleaf Capital Partners, Hollyport Capital and Kensington Capital Partners.
HIG settles mental health billing fraud case with almost $20m payment
Private equity major HIG Capital has paid almost $20m to settle a lawsuit claiming its mental health company portfolio business South Bay fraudulently billed Medicaid for services provided by unlicensed, unqualified, and improperly supervised staff.
DFJ Growth closes $1bn growth fund, hires Justin Kao as partner
Tech investor DFJ Growth has closed DFJ Growth IV with close to $1bn of investments.
Clearlake gets another big LP commitment towards $10bn-targeting new fund
US pension giant LACERA is the latest big instutional investor to commit to Clearlake Capital's hefty new fundraise, which is reportedly targeting $10bn.
Another hard cap close for Tenex sees firm seal $1.2bn of new capital
Tenex Capital has sealed an impressive $1.2bn fund close for its third flagship vehicle, about 50% more than it collected for its sophomore raise in 2016.
Thomson Reuters eyes ‘future of professionals’ with $100m venture capital fund
Thomson Reuters has created a $100m corporate venture capital fund to support and accelerate innovation for the "future of professionals".
Actis soars to $6bn of capital for close of mammoth new emerging markets energy...
Emerging markets investor Actis has sealed a stunning fundraise for its latest energy-focused vehicle by hitting $6bn of investable capital.
Francisco Partners follows $2.2bn credit fund close with Paradigm legal software deal
Francisco Partners has followed yesterday's $2.2bn credit fund close with a growth investment in Paradigm, a provider of practice management software and integrated payments to the legal industry.
Rothschild closes €1.4bn European direct lending fund amid surge in new fundraising capital
Rothschild & Co. has held a €1.4bn final closing for its third European direct lending fund. The raise means the firm has hauled in more than €2bn of new capital in four months, including closing two private equity funds in June.
