TPG, a global alternative asset management firm, today announced the launch of the inaugural TPG NEXT fund, which will back the next generation of underrepresented alternative asset managers. CalPERS will anchor the fund with a $500m commitment, and TPG will continue...
Bain Capital is nearing a deal to acquire a minority stake in EcoCeres Inc., a biomass company majority owned by Hong Kong & China Gas Co., as the private equity firm seeks to boost its sustainable investing strategy, according to people familiar with the matter....
Anew Climate, a provider of carbon emission reduction products for businesses owned by TPG, has agreed to invest up to $640m in Terra Global Capital, the developer of carbon offsetting companies. The carbon offset market has grown as companies look for ways to reduce...
Blue Owl Capital announced the final closing of Dyal Capital Partners V with $12.9bn of committed capital. Fund V closed on December 30 and was almost $4bn larger than the team’s previous fund, Dyal Capital Partners IV. Aggregate commitments across Blue...
The London Private Equity and Real Estate teams advised TowerBrook Capital Partners and its affiliated funds in connection with the sale of a stake in real estate lending platform Precede Capital Partners to affiliates of QuadReal. TowerBrook, Precede’s founding...