General Catalyst and JPMorganChase's Strategic Investment Group have led a $2.1bn financing for US advanced manufacturing business Re. The company develops and manufactures products...
The proportion of insurers planning to increase private markets allocations has fallen by 18 percentage points in a year, despite most still expecting to invest more in the asset class, according to new research from BlackRock.
Apollo Global Management has agreed to acquire a minority stake in Mubadala Capital, with Apollo and additional strategic investors expected to commit a combined $5bn across the Abu Dhabi-based manager's investment strategies.
Growth equity investor Disruptive has raised $10bn for its first conventional investment fund, ending 14 years of raising capital on a deal-by-deal basis.
Advent International has raised $30bn across its latest global private equity fund and a newly launched mid-market strategy, securing almost $27bn for its flagship GPE XI vehicle and more than $3bn for its first dedicated mid-market fund.
HealthSpan Partners, an affiliate of US nonprofit hospital group Bon Secours Mercy Health, has agreed to acquire Bain Capital-backed Surgery Partners in a $5.7bn take-private transaction.
Canada has launched a C$1.75bn venture and growth capital investment programme designed to attract pension funds and other institutional investors into domestic venture capital.
The Pennsylvania Public School Employees' Retirement System has authorised up to $650m of private markets investments and additional commitments, including $200m for Clayton, Dubilier & Rice's thirteenth flagship fund.
Egyptian private equity manager Tanmiya Capital has closed its second growth investment fund at $130m, exceeding its $120m target with support from a $37.5m commitment by the European Investment Bank.