Tag: Paragon Partners

Baidu, the Chinese search giant, is establishing a $145m (1 billion yuan) venture capital fund. The strategic move is aimed at supporting startups that focus on content generated by artificial intelligence (AI) applications.

NGP has held a final close of NGP Energy Transition IV at $700 million of total capital commitments. The fund was activated in April 2022 and has invested over $100 million in seven portfolio companies.

Two global private equity heavyweights, General Atlantic and Advent International, are nearing the finish line in their pursuit to acquire a significant stake in Restaurant Brands Asia (RBA).

Blackstone has completed its acquisition of a majority stake in Emerson’s Climate Technologies business in a transaction valuing the business at $14 billion.

St. Louis-based private equity firm Thompson Street Capital Partners has completed the sale of Made4net, a global provider of cloud-based Warehouse Management System & supply chain execution software, to Ingka Investments, the investment arm of Ingka Group (IKEA), owner and operator of 482 IKEA stores.

The $24.9bn-managing Montana Board of Investments has picked Axiom Asia and Accolade Partners among its latest tranche of alternatives fund commitments.

Africa has been touted as the "next great investment destination" in VC circles for at least a decade. But while many still believe Africa's star is soon to rise, plenty of investors have realised that its time to shine is actually already here. Despite a surge of unicorns in the region post-pandemic, however, access to capital for startups remains a perennial problem. AltAssets' Karin Wasteson investigates.

Pear VC has raised more than $430m for the final close of its fourth fund, one of the largest seed vehicle raised by a non-multistage fund in recent years.

Alternative credit investor Pemberton has brought in former Goldman Sachs exec Niamh Whooley as managing director and head of sustainable investing.

Tech-focused investment house Integrum has sealed a $1.1bn final close for its debut fund.