Partners Group has entered exclusive discussions to acquire a majority stake in Aroma-Zone, a French natural beauty, wellness and selfcare brand, from Eurazeo.
Europe’s IPO market has reopened after the 2022 correction, but the backlog of potential listings is rapidly narrowing, creating a more selective exit environment for private equity sponsors, PitchBook data suggests.
HarbourVest Partners has brought in former DWS executive Guido Lombardi as private wealth lead for France, Belgium, Luxembourg and Southern Europe, as the private markets manager continues to expand its wealth platform across the EMEA.
KKR has raised $19.2bn for its biggest-ever infrastructure investment fund as investor demand for critical infra continues to accelerate - particularly around digital infrastructure, energy transition and electrification.
G Squared has closed its seventh flagship fund on $2.3bn, its largest vehicle to date, as the venture secondaries specialist looks to capitalise on the asset class moving from the sidelines to become a core feature of the industry.
L Catterton has agreed to sell science-backed wellness company Thorne to Procter & Gamble in a $3.8bn cash transaction, less than three years after investing in the business.
Blue Owl Capital has closed its inaugural European net lease strategy on more than €1.6bn, exceeding both its €1bn fundraising target and a subsequently increased €1.5bn hard cap.
The California State Teachers’ Retirement System delivered a 13.9% net return for the fiscal year ending June 30, almost double its 7% policy benchmark.
Adams Street Partners has raised more than $5bn for its latest secondaries investment programme, as the private markets investor looks to capitalize on a secondary market that surpassed $200bn of annual transaction volume for the first time last year.