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Trive Beats Fund V Target

Private Equity Professional

Trive Capital held a final and above-target close of its fifth flagship fund, Trive Capital Fund V LP , with total capital commitments of $2.7 The new funds original target was $2.5 billion and follows the close of its fourth fund in April 2022 with $2.0 billion in capital. billion of capital commitments.

Funds 130
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Apollo eyes record $25bn for flagship private equity fund

Private Equity Wire

Apollo Global Management is preparing to launch what will be its largest-ever private equity fund with a target of $25bn. The fund, the firm’s 11th dedicated to private equity, is expected to kick off early next year, according to a report by Bloomberg.

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CVC secures €25bn for industry’s biggest-ever buyout fund

Private Equity Insights

CVC Capital Partners, the third-biggest Europe-based private equity firm according to the PEI 300, is on track to raise what would be the largest-ever private equity fund, defying the market’s choppy waters. It is unclear when the fund will hold its final close. billion, according to PEI data.

Buyout 246
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Nvidia Invested in CoreWeave, but I Won't Be Buying the IPO

The Motley Fool

AI accelerator market-leader Nvidia (NASDAQ: NVDA) invested in CoreWeave back in 2023, and now, the AI cloud platform is planning to go public and will likely target a valuation of at least $35 billion. The company is expected to raise over $3 billion from its initial public offering (IPO), which will help fuel further expansion.

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General Atlantic and Mubadala-Backed Shein Files for IPO in U.S., Targets $90bn Valuation

Private Equity Insights

Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one of the most valuable China-founded companies to list in New York. The fast-fashion giant’s move to go public in the U.S. Shein and the banks declined to comment.

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PE-backed HBX Group eyes $1bn Madrid IPO

Private Equity Wire

HBX Group, the Spanish travel technology company known for its Hotelbeds brand and backed by private equity firms Cinven, EQT, and Canadian pension fund CPP Investments, is gearing up for a 1bn ($1.04bn) initial public offering (IPO) in the coming weeks, according to a report by Reuters.

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Euronext eyes IPO surge in 2025 amid PE exits

Private Equity Wire

Pan-European stock exchange operator Euronext NV is optimistic about the outlook for initial public offerings (IPOs) in 2025, driven by private equity funds turning to equity markets to exit their investments, according to a report by Bloomberg.