Louisiana State Employees allocates $125m to GTCR buyout fund

Louisiana State Employees allocates $125m to GTCR buyout fund

The Louisiana State Employees’ Retirement System (LASERS) has committed up to $125m to GTCR Fund XIV, a buyout fund managed by GTCR, a Chicago-based private equity firm focused on the business & consumer services, financial services & technology,...
MBK to acquire Medit Corp for $2bn

MBK to acquire Medit Corp for $2bn

MBK Partners, a private equity firm focused on investments in Asia, is to acquire South Korea’s Medit Corp, one of the world’s largest 3D dental scanner makers, for $2bn, according to a report by the Korea Economic Daily. The report cites investment...
Private Equity pros remain bullish on tech

Private Equity pros remain bullish on tech

Technology investors say market challenges unlikely to deter corporate spending on software The rout in public technology stocks in 2022 has put pressure on private technology company valuations, which had soared during the previous two years and drove the value of...