Tag: bankrolling lawsuits

Nordic Capital has soared to a €6.1bn hard cap final close for its biggest ever fund, despite raising the whole vehicle remotely due to the coronavirus crisis.

Elysian Capital has sealed an impressive fundraise by hitting the £325m hard cap for its third investment vehicle less than six months after launch.

Private equity and venture capital fund managers are actively preparing for the impact of a second wave of the coronavirus pandemic despite upbeat hopes in the industry for an improvement in the economy next year.

Private equity-backed liquefied natural gas business Hygo Energy Transition has reportedly postponed its $485m IPO after its CEO stepped down to defend himself in a corruption investigation.

Private equity major TPG has promoted Joseph Konzelmann to global head of its newly-formed client and capital formation group, overseeing its fundraising efforts.

Silversmith Capital Partners has hit its $880m hard cap for a rapid fundraise launched amid the teeth of the coronavirus pandemic.

Abu Dhabi sovereign investor Mubadala has bought a stake in private equity major Silver Lake from investment specialist Dyal Capital Partners.

Industrial and business services private equity specialist GenNx360 Capital Partners has made a pair of promotions.

General Atlantic is the latest buyout giant to buy into the retail arm of India's Reliance Industries as firms queue up to pick up a slice of the burgeoning business.

Blackstone has sold its 36% stake in UK insurance business Rothesay Life to existing company backers GIC and the Massachusetts Mutual Life Insurance Company, in a deal valuing the company at £5.75bn.