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
The Paris-based firm had planned to begin fundraising for Ardian Buyout Fund VIII in early 2025 but will now approach investors later in the year. Ardians Buyout Fund VIII will follow the success of its 7.5bn Fund VII, which closed in 2021 and has now deployed approximately 80% of its capital. Can`t stop reading?
Read more: [link] Ardian, the French privateequity firm, has closed its latest mid-cap growth fund, Ardian Expansion Fund VI, at 3.2bn, surpassing its target by 10%. The fund represents a 60% increase from its predecessor. Ardian has already committed a third of the fund to eight transactions.
It offers a robust regulatory framework, flexible fund structures, and strong access to global capital. Liquidity needs have driven demand, making Luxembourg a prime hub for secondary fund activity. Learn more about fundraising efforts in Luxembourg by joining the Benelux PrivateEquity Conference in Amsterdam.
Buyout firms have long relied on controversial loans backed by equitystakes to enhance fund returns, but growing investor criticism has triggered a slowdown, according to a report by Bloomberg UK. The ILPA warns that any distributions received from a NAV-based facility might later be recalled to help repay the loan.
The $1.3bn strategic capital arm of $50bn global alternative manager Investcorp has taken a minority stake in $7.3bn privateequitymanager Banner Ridge Partners and is now a passive, non-voting partner in the business. Terms of the deal have not been disclosed.
The Seoul-based online fashion platform Musinsa has raised $130 million in a series C funding round headed by the global investment firm KKR. The capital infusion also includes support from Wellington Management. Last October, KKR took a minority stake in the skin care and body care company SkinSpirit.
Data shows that the number of privateequity (PE) firms holding stakes in Indian IT services companies has doubled between 2019 and 2022, indicating a growing interest in the sector. Notably, investments in PhonePe and Lenskart accounted for 30% of total VC funding from January to June.
Layan Odeh of Bloomberg reports CPPIB plows at least $5 billion into privateequity in three months: Canada Pension Plan Investment Board poured at least $5 billion into privateequity in the last three months of 2024 as the asset class regained appeal. gain in the quarter, driven by returns in privateequity and credit.
Gresham House in July agreed with Seed Bidco Ltd, a newly incorporated entity formed by funds advised by Searchlight at 1,105 pence per share bid. Read more Paceline Equity Partners Backs $175m Merger of GCOM Software and OnCore Consulting An affiliate of Paceline Equity Partners, LLC , a Dallas-based privateequitymanager, today.
Read more MBK Partners Launches Tender Offer for Stake in Hankook &Co., Valued at $1.45bn South Korean privateequity firm MBK Partners said on Tuesday it had launched a tender offer to. read more The post CVC and Keensight Team Up to Accelerate Sogelink’s Growth appeared first on PrivateEquity Insights.
Glow Capital Partners buys stake in uniform maker Cargo Crew Submitted 21/07/2023 - 10:37am Glow Capital Partners has taken a 51% stake in Australian hospitality uniform brand Cargo Crew, in the first deal for the Sydney-based privateequity firm’s Glow Growth Fund I. Like this article?
He was the long-time chair of the Toronto Port Authority and, earlier in his career, advised a committee of Canada’s Senate on issues that included the creation of major public-sector pension funds such as the Public Sector Pension Investment Board. Cravath, Swaine & Moore LLP acted as legal counsel for OMERS PrivateEquity.
High stakes with new and emerging managers Submitted 09/08/2023 - 1:52pm PARTNER CONTENT Let’s face it, when it comes to new and emerging managers, the stakes are high. Rolling with the punches is a large part of what it means to raise a fund in today’s environment. Or so the legal disclaimers tell us.
Eliyahu Kamisher and Paula Sambo of Bloomberg report Ontario Teachers’ Pension Plan prepares to sell stake in oil producer Aspenleaf: Ontario Teachers’ Pension Plan is in talks to sell its stake in Canadian oil and gas producer Aspenleaf Energy Ltd., a Calgary-based privateequitymanager that focuses on energy.
This committed them to allocating 5 per cent of the assets in their default funds to unlisted equities by 2030. Nest, the UK government-backed workplace pension fund, said it preferred proven business models to early-stage venture capital. Because the high fees eat away at the returns.
Here are the key takeaways from their conversation: Background and BCI Overview: Jim Pittman has over 30 years of experience in finance and privateequity, with a background in accounting and industry experience as a CFO and COO. What Makes a Compelling Manager: Performance is key, with a focus on net returns (e.g.,
Under the leadership of global head of privateequity Jim Pittman, the C$233 billion ($172.8 billion) public pension fund has spent much of the past decade using the secondaries market to cultivate a comparatively liquid portfolio of illiquid assets. So we’re selling some layers of the funds in order to reutilise it in directs.”
Digital privateequitymanager Moonfare has expanded its operations to Australia, providing eligible investors in the country with access to carefully curated funds from top-tier privateequitymanagers such as KKR, EQT, and the Carlyle Group.
Neuberger Berman has unveiled the NB PrivateEquity Open Access Fund, designed to provide retail and professional investors in the EU with diversified access to privateequity co-investments. The funds minimum investment of 10,000 for most share classes aims to democratise access to privateequity.
The vehicle will offer investors diversified access to leading North American buyout funds through a combination of fund interests and co-investments. The fund was seeded with a portfolio assembled in collaboration with Ardian, including exposures to over 15 top-tier privateequitymanagers.
The AlpInvest Strategic Portfolio Finance Fund II secured $3.2bn in capital commitments, alongside senior lending mandates and co-investment capital. The fund offers net asset value (NAV)-based and asset-backed financing solutions tailored for privateequityfunds, general partners, and limited partners.
Privateequity firms are increasingly tying future fund commitments to secondary market sales in a bid to shore up new fundraising efforts, frustrating limited partners seeking quick liquidity amid heightened market uncertainty, according to a report by Bloomberg.
stake in 1315 Capital for $70.5m strategic stake in 1315 Capital for approximately $70.5m, expanding its presence in the healthcare-focused privateequity sector. Navigator CEO Stephen Darke described the investment as a pivotal move in the firms strategy to partner with leading alternative asset managers.
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