This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Cybersecurity assets are being snapped up this year as high-profile hacks push the industry into the spotlight. Permira also announced a deal in May for Israeli fraud protection firm BioCatch. CyberArk Software Ltd.
Pan-European private equity house Apheon has raised a €435m continuation fund to reinvest in a pair of high-performing companies from its fourth mid-cap buyout vehicle. The post HarbourVest leads €430m continuation fund for pair of Apheon ‘star assets’ appeared first on AltAssets Private Equity News.
The buyout giant collected €22 billion for the vehicle’s predecessor, CVC Capital Partners VIII, in 2020 after around six months in the market. read more British Columbia Pension Mulls $2bn PE Asset Sale British Columbia Investment Management Corp. It is unclear when the fund will hold its final close. read more H.I.G.
Global private equity dealmaking saw a 7% increase in buyout capital in 2024, reaching $511.6bn compared to $478.3bn in 2023, although the fundraising environment remained difficult, according to the Private Equity Q4 2024: Preqin Quarterly Update report.
A 13F provides investors an under-the-hood look at which stocks money managers with at least $100 million in assets under management (AUM) have been buying and selling. Though the reinsurance operations were the crown jewel of this buyout, General Re also owned a specialty investment fund known as New England Asset Management (NEAM).
are in talks to provide as much as $8 billion in financing for a buyout of DocuSign Inc. and Deutsche Bank AG are also among the lenders considering a role in funding what would be the largest leveraged buyout of the year so far, according to the people, who asked not to be identified discussing the transaction. KKR & Co.
Private equity firms have driven buyout activity to $133bn in 2024, a 78% increase compared to the previous year. US-based PE firms have been particularly active, leveraging the strong dollar to acquire undervalued assets. This growth outpaced the global rate of 29%, highlighting Europes appeal for opportunistic investments.
Lower interest rates are expected to further fuel leveraged buyouts, setting the stage for an active 2025, Deloitte reported. Restructuring will be a key driver of South Koreas M&A landscape as companies divest non-core assets and cash-generating units to strengthen financial stability. increase from the previous year.
The deal marks a significant exit for the British buyout firm following heightened regulatory scrutiny of private equity ownership in the insurance sector. Since then, the insurer has expanded through acquisitions, including Skandia and Entis, growing its assets under management from 5bn to 67bn and its policyholder base from 600,000 to 3.4
Private equity funds returned 3.09%, slightly edging out private credits 3.06%, driven by increased buyout activity, lower interest rates, and narrowing private debt spreads. State Streets Nan Zhang believes private equity could continue to gain momentum if inflation remains stable and buyout performance strengthens.
Shares in Peloton soared by as much as 18% on Tuesday after CNBC reported that several private equity firms are cons idering a buyout of the connected fitness company, which is looking to refinance its debt and return to growth after 13 consecutive quarters of losses.
In the buyout category, $197.2m As of December 31, 2024, private equity accounts for 16.71% of the pensions total assets, while private credit represents 0.38%. The pension committed $155m to growth-focused private equity funds, including $50m to Bansk Fund II, $30m to GTCR Strategic Growth Fund II, and $75m to TPG Growth VI.
There's an asset there that certainly could be exploited. Whether you're transferring $1,000 or $2,000,000 don't miss out on Robinhood's offer of an unlimited 1% bonus on your assets. And they also have Boston Omaha asset management, which is a collection of other assets the company owns. But Macy's is a retailer.
European private equity major EQT has closed the largest buyout fund in the firm’s 30-year history with €22bn in total capital commitments, taking firm-wide assets to €232bn, according to a report by the Financial Times. read more The post EQT closes largest ever buyout fund at €22bn appeared first on Private Equity Insights.
Ultra-rich individuals and families worth more than $150bn are helping drive a resurgence in private equity buyouts, providing capital for some of the year’s biggest acquisitions to overcome a tough dealmaking environment. Goldman Sachs Asset Management closed its purchase of Norwegian e-learning platform Kahoot!
MorganFranklin Cyber completed a private equity-backed management buyout, becoming an independent cybersecurity firm with majority ownership held by Boston-based MC Partners. read more The post MorganFranklin Cyber goes independent with private equity backing appeared first on Private Equity Insights.
Rumors emerged earlier this month that private equity firms are considering a buyout. While some sort of buyout looks like the most likely path for Peloton, either by private equity or a larger company looking to scoop up the brand, any deal is unlikely to save longtime shareholders from enormous losses.
Warburg Pincus, a leading private equity firm managing approximately $86bn in assets, has no immediate plans to pursue an initial public offering (IPO), according to a report by Reuters quoting CEO Jeffrey Perlman at the Reuters NEXT conference in New York on Tuesday. The industry bought a lot in 2021. It was a tough vintage, Perlman said.
read more MorganFranklin Cyber goes independent with private equity backing MorganFranklin Cyber completed a private equity-backed management buyout, becoming an independent. read more The post Bridgepoint finalises Eckoh acquisition to drive expansion and innovation appeared first on Private Equity Insights.
Buyout firm Energy Capital Partners (ECP) and its co-investors are edging closer to agreeing a deal for the $30bn sale of Calpine to Constellation Energy, according to a report by Reuters citing unnamed sources familiar with the matter.
is leading a €950m ($1bn) loan package to back Permira’s buyout of Gossler, Gobert & Wolters, people with knowledge of the matter said. Other lenders supporting the transaction include Goldman Sachs Asset Management and Hayfin Capital Management. is leading a €950m ($1bn) loan package to back Permira’s buyout of Gossler, Gobert.
Major transactions included a $6.9bn consortium deal for investment platform Hargreaves Lansdown, a $5.5bn buyout of cyber security company Darktrace by Thoma Bravo, and Brookfield’s $3.8bn investment in French renewable energy developer Neoen. Smaller deals saw faster growth globally than in Europe.
The New York-based private equity firm, which focuses on middle-market buyouts and growth investments, first backed Simple Mills in October 2019, becoming its largest shareholder. The deal marks the end of Vestars five-year investment in the company, during which it played a pivotal role in scaling the brands growth.
Buyout firms have long relied on controversial loans backed by equity stakes to enhance fund returns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. Many firms borrowed against their portfolio companies to sustain the private market boom while dealmaking dwindled.
Moonfares portfolio investments provide diversified exposure across buyout, growth equity, venture, and infrastructure. With over 3.3bn ($3.4bn) in assets under management and nearly 5,000 investors, Moonfare has built a global network of 71,000 family offices, industrial families, and private investors.
The report found there are four trends reshaping healthcare PE: Mid-market funds innovate Mid-market healthcare funds, which have outperformed the broader market, continue to innovate and maintain buyout activity and exits since 2020. These funds raised around $59bn since 2022, a 40% increase from the previous three years.
The Goldman unit is in advanced discussions with Trackunits current owner, buyout firm Hg, about a transaction that could value the company at over $1bn, the sources said, requesting anonymity due to the confidential nature of the talks. Bloomberg News reported that Hg began seeking interest from potential buyers last year.
Deutsche Numis surveyed 200 senior private equity executives, who expressed growing interest in public-to-private transactions, with 26% of respondents identifying public assets as their primary pipeline focus – a notable increase from just 14% in 2023.
This potential higher bid adds a layer of competition to HKBNs lengthy buyout process. I Squared Capital, which manages over $40bn in assets, had also engaged in discussions for a potential HKBN buyout in 2023, but those talks did not result in a deal. HKBN shares closed at HKD5.25
They've made it more expensive for the company to borrow money to finance new investments and refinance existing funding, including the scheduled buyouts of convertible equity portfolio financing (CEPFs). It intends to use the proceeds to complete all the planned buyouts of CEPFs through 2025.
British private equity firm Apax has beaten off competition from rival buyout firm Bridgepoint to acquire the accounting arm of Evelyn Partners, in a deal valued at around £700m, according to a report by CityWire. The sale paves the way for Evelyn Partners to focus solely on its wealth management business.
Alperovich has extensive experience advising private equity sponsors and their portfolio companies on a broad range of transactions, including mergers and acquisitions, leveraged buyouts, minority and growth investments, joint ventures, carve-outs and divestitures, restructurings, SPACs and de-SPACs, and investments in general partners.
The firm, which raised a record $25bn for its flagship buyout fund in 2022, sees untapped potential in transactions involving companies valued below $1.5bn. “Our deal teams might see 10 high-quality opportunities of this size that currently don’t fit within our existing fund structure,” Maldonado said.
One of the stocks that's suffered the most is NextEra Energy Partners (NYSE: NEP) , owner of one of the largest fleets of wind and solar assets in the world. NextEra's assets generally come with long-term contracts to sell electricity to utilities, which lock in cash flow for years and sometimes decades. billion to $2.1
The other aspect of the company's strategic plan is selling its natural gas pipeline assets to repay funding as it matures and finance future renewable energy acquisitions. Meanwhile, the company expects to sell its remaining gas pipeline assets (Meade) in 2025 to address maturing funding associated with that business.
Its expertise includes recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. ” Fortress Investment Group , a global investment firm with over $48 billion in assets under management, serves more than 2,000 institutional clients and private investors worldwide.
billion in Amazon stock accounts for roughly 24% of Berkshire's $289 billion of invested assets. However, General Re also owned a specialty investment firm known as New England Asset Management (NEAM). When the buyout of General Re was completed in December 1998, Buffett's company became NEAM's new owner. Collectively, the $67.1
The GXO buyout equation The news of a potential sale comes as a surprise as GXO has been growing through acquisitions, and seemed set to continue that strategy after bringing Clipper Logistics, PFSweb, and Wincanton into the fold over the last three years. On Thursday, investors were greeted by news that GXO could sell itself.
Private equity major Warburg Pincus has raised more than $2.2bn for its first multi-asset continuation fund. The post Warburg Pincus picks up HarbourVest, Ardian, CPPIB backing for $2.2bn multi-asset continuation fund appeared first on AltAssets Private Equity News.
Vitruvian Partners, a PE firm focused on investments in middle market companies, has closed its latest buyout fund, Vitruvian Investment Partnership V (VIP V), at €7.3bn ($8.1bn) in total capital commitments, surpassing its initial target of €6.5bn.
Deals of this magnitude remain uncommon in the buyout world. Such high-profile transactions are gaining prominence as private equity firms face challenges selling assets acquired during the low-interest-rate boom of the late 2010s.
Devon Energy said on Monday it had entered into a deal to acquire certain assets of Bakken-focused energy producer Grayson Mill Energy, which is owned by private equity firm EnCap, in a cash-and-stock deal worth $5 billion. In June, the private equity firm sold some shale assets of XCL Resources for about $2 billion.
According to a recent release, the fund raised in just four months and attracting a diverse range of investors from across Europe, the Americas, Asia, and the Middle East includes public and private pension funds, asset managers, sovereign wealth funds, family offices, and financial institutions, among its investor base.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content