Private Equity Insights

NOVEMBER 24, 2023

As part of the transaction, co-founder Marc-Oliver Stromberg and the extended GBTEC management team are reinvesting and investing respectively for significant stakes in the company. Main Capital Partners, which has supported GBTEC as a specialised software investor since 2019, has sold its stake in GBTEC as part of the transaction.

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Stakes Funds Initial Public Offering Bidding 130

Private Equity Insights

AUGUST 16, 2024

EQT AB agreed to acquire a majority stake in AMCS, a software provider focused on waste management and recycling. EQT Private Equity will invest from EQT X, its flagship private equity fund, and EQT Future, according to a Wednesday statement that confirmed an earlier Bloomberg News report.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Investment Firms 130

Private Equity Insights

AUGUST 31, 2023

BENGALURU (Reuters) – SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at 9.47bn rupees ($114.7m), exchange data showed. The venture capital fund, part of Japan’s SoftBank Group, sold 100m shares at 94.7 rupees apiece in bulk deals. The London arm of.

Stakes 130

Stakes Mutual Funds Private Equity Firms Private Equity Firms 130

Private Equity Insights

JUNE 17, 2024

stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. stake in Asda, while US retail giant and Walmart holds 10%. After agreeing to sell his stake, Zuber Issa has also announced a £228m deal to acquire EG Group’s remaining UK forecourts business. Mohsin Issa retains a 22.5%

Stakes 130

Stakes Capital Private Equity Firms Private Equity Firms 130

The Motley Fool

AUGUST 22, 2024

Among the many anticipated 13F filings from billionaire asset managers is that of Ken Griffin's hedge fund, Citadel Advisors. Since its inception, no hedge fund has been more profitable than Citadel, which often hedges its common stock positions with various put and call options. Image source: Getty Images. The more than 5.22

Stakes 237

Stakes Hedge Funds Asset Management Assets 237

Private Equity Insights

JULY 12, 2024

Private equity firm KKR plans to cut its stake in Kokusai Electric, two people familiar with the matter said, cashing in after a blistering run for shares in the Japanese chip equipment maker. KKR, which holds around 43% of Kokusai’s shares, plans to sell about half of its stake to investors, one of the people said.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Initial Public Offering 130

The Motley Fool

AUGUST 22, 2024

It's not surprising that billionaire Ken Griffin's Citadel Advisors hedge fund owns shares of Apple (NASDAQ: AAPL). On the other hand, Griffin nearly doubled his stake in Apple in Q2. Although the hedge fund manager has sold some shares of Apple in the past, he appears to be quite bullish about the stock now.

Stakes 189

Stakes Hedge Funds Funds Returns 189

Private Equity Insights

APRIL 12, 2024

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. Verdane invested in Corlytics via its newly raised €1.1bn Edda III Fund. The investment will support the Corlytics’s continued growth.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Banks 130

Private Equity Insights

AUGUST 16, 2024

State Bank of India (SBI), the country’s largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth 184.2 Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD (ENBD.DU) are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said. billion rupees ($2.2

Stakes 130

Stakes Banks Due Diligence Private Equity Firms 130

Private Equity Insights

APRIL 19, 2024

Ardian set to acquire over $1 billion of BCI’s private equity stakes amid market shifts and high interest rates. BCI is an investor in dozens of private equity funds, including products managed by Bain Capital, Brookfield Asset Management and CVC. billion ($20.6 billion ($20.6 Investment Management Corp.

Stakes 130

Stakes Asset Management Assets Financing 130

Private Equity Insights

DECEMBER 14, 2023

India’s Tata Capital is looking to purchase a roughly 13% stake in premium domestic fashion brand Rare Rabbit at a valuation of $300m, as it seeks to bet on the country’s affluent shoppers, three sources familiar with the matter said. The ongoing stake sale talks are Rare Rabbit’s first external fundraising exercise.

Stakes 244

Stakes Due Diligence Capital Conglomerates 244

Private Equity Insights

DECEMBER 15, 2023

sold a 20% equity stake in the failed Signature Bank’s commercial real estate loan pool to a joint venture led by Blackstone. In October, the FDIC completed the sale to Goldman Sachs and PNC Bank of $18.5bn in more than 200 funded loans paid out to borrowers from Signature Bank. The Federal Deposit Insurance Corp.

Stakes 225

Stakes Debt Bidding Law Firms 225

Private Equity Insights

MAY 3, 2024

L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand. Through this partnership with L Catterton, the brand hopes to accelerate its global expansion.

Stakes 130

Stakes Buyout Portfolios Capital 130

The Motley Fool

APRIL 27, 2024

It ended up grabbing a stake worth $190 million at its current price, representing just a small slice of the $100 billion company. Nvidia's second-largest holding represents a much more meaningful stake in an innovative AI company. stake in Recursion Pharmaceuticals (NASDAQ: RXRX). Image source: Nvidia. billion.

Stakes 246

Stakes Shareholders Portfolios Capital 246

Private Equity Insights

APRIL 26, 2024

TDR Capital is closing in on a deal to buy gas-station billionaire Zuber Issa’s stake in Asda as the private-equity firm tightens its grip on one of Britain’s biggest supermarket chains, according to people familiar with the discussions. The agreement for Issa’s 22.5% Since 2015, TDR has backed most of their significant acquisitions.

Stakes 130

Stakes Capital Private Equity Firms Private Equity Firms 130

PE Hub

OCTOBER 12, 2023

Northleaf has committed $200 million to fund EVPassport’s capital requirements and accelerate the build-out of EV charging systems. The post Northleaf to acquire control stake in EV charging company EVPassport appeared first on PE Hub.

Stakes 207

Stakes Companies Capital Funds 207

AltAssets

JANUARY 18, 2024

RidgeLake Partners, a partnership between New York Life Investments affiliate Apogem Capital and Ottawa Avenue Private Capital, reached the final closing of its first GP stakes fund with $1.1bn in commitments.

Stakes 95

Stakes Funds Capital Investing 95

Private Equity Insights

MARCH 1, 2024

is exploring options including selling its controlling stake in India’s JB Chemicals & Pharmaceuticals Ltd. stake in the Mumbai-based company, the people said, asking not to be identified as the matter is private. stake in the Mumbai-based company, the people said, asking not to be identified as the matter is private.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Buyout 130

The Motley Fool

AUGUST 20, 2024

His Pershing Square Capital Management hedge fund owns positions in only nine stocks. But Ackman slashed his stake in the artificial intelligence (AI) leader in the second quarter of 2024. Ackman's busy Q2 Ackman sold over 368,000 of Pershing Square's Alphabet Class A shares in Q2, reducing the hedge fund's stake by nearly 8.5%.

Stakes 130

Stakes Hedge Funds Shareholders Funds 130

Private Equity Insights

FEBRUARY 16, 2024

Shares of YES Bank Ltd will be in focus on Friday morning after bulk deals data showed a Carlyle Group entity sold equity stake worth Rs 1,056.90 per cent stake, at an average price of Rs 27.10 per cent stake, as of December 31. Together the two equity funds had bought 9.9 per cent stake in the bank.

Stakes 130

Stakes Banks Private Equity Firms Private Equity Firms 130

Private Equity Wire

AUGUST 29, 2024

Apax Partners LLP is to acquire a controlling stake in Veriforce, a global provider of supply chain risk management solutions (SCRM), from the software-focused private investment firm Thoma Bravo. Financial details of the transaction have not been disclosed.

Stakes 85

Stakes Funds Investment Firms Companies 85

AltAssets

FEBRUARY 13, 2024

Blue Owl Capital has picked up a $1bn commitment for its sixth flagship GP stakes investment fund, which is believed to be targeting up to $13bn. The post Blue Owl picks up hefty $1bn commitment for latest fund targeting GP stakes first appeared on AltAssets Private Equity News.

Stakes 88

Stakes Funds Capital Investing 88

Private Equity Insights

APRIL 12, 2024

Alternative investment giant Brookfield Asset Management is in advanced talks with Castlelake over the acquisition of a majority stake in the $22bn private credit manager, a specialist in aircraft leasing, according to a report by the Financial Times.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Asset Management 130

Private Equity Insights

APRIL 12, 2024

Orion Resource Partners, a global investment firm specialising in metals and materials, has sold an 8% minority interest in Sweetwater Royalties, a private industrial minerals royalty company, to a Canadian pension fund for $100m.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Pension Funds 130

Private Equity Wire

SEPTEMBER 2, 2024

Platinum Equity has acquired a controlling stake in Inventia Healthcare Limited’s core Oral Solid Dosage (OSD) business (Inventia) from India Life Sciences Fund III, NYLIM Jacob Ballas India Fund III, and affiliates of the company’s founding Shah family. Financial terms of the acquisition have not been disclosed.

Stakes 77

Stakes Legal Financing Finance 77

Private Equity Insights

APRIL 26, 2024

Private equity fund L Catterton, which is backed by luxury giant LVMH Moet Hennessy Louis Vuitton SE, agreed to buy a majority stake in Italian beauty brand Kiko. L Catterton has entered into a definitive deal with the Percassi family, which will retain a “significant stake” in the business, according to a statement on Friday.

Stakes 130

Stakes Debt Capital Funds 130

Private Equity Insights

FEBRUARY 2, 2024

Walter Global Asset Management (WGAM), the private equity unit of Canadian investment group Walter Financial, is acquiring a minority stake in Madryn Asset Management, a US manager that focuses on investments in healthcare innovation. Source: Private Equity Wire Can’t stop reading?

Stakes 130

Stakes Assets Investors Asset Management 130

Private Equity Insights

APRIL 26, 2024

Private equity firm PAI Partners has agreed to acquire a majority stake in Audiotonix, a UK designer and manufacturer of professional audio mixing consoles and equipment, from Ardian, who will retain a minority stake alongside management. announced Friday that it has entered into.

Stakes 130

Stakes Private Equity Firms Private Equity Firms Leveraging 130

Private Equity Wire

MARCH 6, 2024

US private equity firm Carlyle’s Global Infrastructure Opportunity Fund will acquire an 82.5% stake in London Southend Airport, a subsidiary of aviation group Esken, formerly Stobart Group, in an agreement to settle £193.75m in debt, with London-based private equity firm Cyrus Capital Partners providing liquidity to Esken.

Stakes 83

Stakes Private Equity Firms Private Equity Firms Funds 83

Private Equity Insights

MARCH 15, 2024

Private equity firm Style Capital has reportedly snapped up a majority stake in sneaker label Autry International as part of its ongoing efforts to transform various brands into iconic names. The deal was made with Pambianco’s The Made in Italy Fund and Autry founders, the Doro family, who will retain a 42 percent share in the company.

Stakes 130

Stakes Capital Private Equity Firms Private Equity Firms 130

PE Hub

OCTOBER 12, 2023

The Toronto firm has committed $200m to fund EVPassport’s capital requirements and accelerate the build-out of EV charging systems. The post Northleaf eyes Infrastructure-as-a-Service model with controlling stake in EVPassport appeared first on PE Hub.

Stakes 197

Stakes Capital Funds 197

AltAssets

JULY 5, 2024

The post Secondaries surge continues as buyers look to snap up small, mid-sized buyout fund stakes first appeared on AltAssets Private Equity News. Secondaries volumes could soar by 20% this year to a record of around $137bn, new data from Jasmin Capital suggests, underscoring the accelerating rise of the asset class in recent years.

Buyout 89

Buyout Stakes Funds Assets 89

Private Equity Wire

AUGUST 15, 2024

Innova Capital has acquired a majority stake in Tutore group, Poland’s largest private education platform operating under the eTutor, ProfiLingua and Tutore brands. The investments were made under the recently closed Innova/7 fund. Innova has been investing capital from its seventh fund since May 2023.

Stakes 92

Stakes Capital Education Funds 92

AltAssets

APRIL 24, 2024

The post StepStone leads $762m secondaries deal for MLC private equity fund, co-invest stakes first appeared on AltAssets Private Equity News. StepStone has led a $762m secondaries deal for private equity assets held by Australian investment manager MLC Asset Management.

Stakes 93

Stakes Funds Asset Management Investing 93

Private Equity Insights

DECEMBER 4, 2023

In February 2020, Advent acquired a 74 per cent stake in the Mumbai-based company, providing a complete exit to private equity investors OrbiMed Asia and Kotak PE and a partial exit to the promoter Daftary family. Several private equities and company owners are planning to sell their stake to take advantage of the high valuations.

Stakes 130

Stakes Earnings Before Interest Depreciation Taxes 130

Africa Capital Digest

JUNE 16, 2024

The post PAPE Funds increases stake in Entersekt first appeared on Africa Capital Digest. To read this article, you must be a paid subscription member. Current members login here) [.]

Stakes 52

Stakes Funds Capital Portfolios 52

Private Equity Insights

NOVEMBER 29, 2023

The owners of fund administrator Alter Domus are pursuing the sale of a stake in the Luxembourg-based group that could value it at more than $4.4bn, three people familiar with the matter told Reuters. They have now revived the sale process, inviting private equity funds to bid for the business, the people said.

Stakes 130

Stakes Buyout Private Equity Firms Private Equity Firms 130