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French private equity firm Ardian raises $30bn for secondary investments platform

Private Equity Insights

Ardian, a leading global private equity firm, raised $30bn for its latest secondary investments platform. This fundraising milestone is one of the largest in the private equity secondary market. It highlights the growing demand for liquidity solutions among institutional investors.

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Private equity firm L Catterton, which is backed by LVMH, has sold leading Italian bicycle brand Pinarello valued around $273m

Private Equity Insights

Elite Italian bicycle maker Pinarello changes hands Fausto Pinarello, the son of the founder of the bicycle group, would maintain a stake in the company and his role as chairman, L Catterton said in a statement. The company traces its roots back to a cycle shop set up by former professional cyclist Giovanni Pinarello in 1952.

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Gucci owner sells €837m stakes in Paris properties to private equity firm Ardian

Private Equity Insights

Kering, the luxury group behind Gucci and Saint Laurent, has sold 60% of its stakes in three prime Paris properties to French private equity firm Ardian for 837m. read more Private equity deal value surges to $639bn in 2024, amid rising valuations Global private equity and venture capital deal activity saw a 24.7%

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GFL to cut $5.59bn deal with private equity firms Apollo and BC Partners

Private Equity Insights

The business will be sold to private equity firms Apollo and BC Partners. GFL will retain a $1.18bn equity stake in the business, which contributed approximately 23% of its total revenue in the third quarter. Equally, Apollo and BC Partners will each hold a 28% share. Source: Reuters Can’t stop reading?

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Focus Group founders dial up £800m sale to private equity firm Hg

Private Equity Insights

The founders of a business telecoms and IT services provider are on the brink of toasting a nine-figure windfall after entering advanced talks to sell it to one of Britain’s leading private equity firms. It was unclear on Wednesday whether Bowmark would roll over its stake as part of the deal.

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Fashion brand True Religion acquired by Acon Investments

Private Equity Insights

True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. Specifically, the 40-year-old Japanese menswear label Kapital was acquired by LVMH-backed private equity firm L Catterton. Source: Business of Fashion Can’t stop reading?

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OpenAI appoints Adebayo Ogunlesi to board, highlighting AI infrastructure focus

Private Equity Insights

GIP, a private equity firm managing over $100bn in assets, owns stakes in Gatwick Airport and offshore wind projects. Read more IFM Investors acquires 49% stake in Splend to drive rideshare growth IFM Investors has acquired a 49% stake in Splend, a $200m startup providing vehicle financing.