Mike Didymus

Ballast Rock Asset Management has appointed Michael Welch as head of investor relations and capital formation, creating a new senior role as the alternative investment manager looks to expand fundraising across its real estate, private credit, venture capital and private equity strategies.

Andera Partners has held the final close of its fourth expansion capital fund on €430m, exceeding its original €350m hard cap after increasing the limit twice to accommodate strong investor demand.

TPG and Blackstone are exploring the sale of the surgical division of recently acquired medtech company Hologic in a deal expected to fetch more than $4bn, according to the Financial Times.

Serent Capital has sped to a $1.3bn final close for its latest flagship fund, via to an oversubscribed raise which was completed in less than 90 days.

SkyKnight Capital has held a final close for its fifth flagship buyout fund at its $2bn hard cap, completing the oversubscribed fundraising in less than six months.

UK workplace pension scheme Nest has unveiled an initial £200m of investment targeting high-growth private companies through the creation of a dedicated venture capital sleeve managed by Schroders Capital.

The global continuation fund market is on course to more than triple in size over the next decade - reaching more than $330bn in...

Mérieux Equity Partners has hit a €335m first close for its fifth healthcare buyout fund, reaching more than half of its €600m target just four months after launching the vehicle.

Lockheed Martin has agreed to acquire Ultra Maritime from Advent International-owned Cobham Ultra in a deal valued at $3.45bn.

TIFF Investment Management has strengthened its private markets capabilities with the appointment of Andrew Murray and Stephen Grau to lead a new dedicated private equity secondaries practice.