Raven Capital Management, an alternative investment management firm, announced the successful completion of the fundraising of Raven Asset-Based Credit Fund II LP and related vehicles, raising total investible capital of $834m. In addition to the closed-end vehicle,...
U.S. private equity firm Carlyle Group Inc aims to enlarge its footprint in the Japanese automotive sector as the global shift to electric vehicles (EVs) shakes the industry’s supply chain, its executives said. With the world quickly moving to EVs, Japanese auto...
Software company Zendesk completed its sale to a group of private equity firms led by Hellman & Friedman and Permira in a deal valued at $10.2bn after prolonged pressure from activist investor Jana Partners. As part of the deal, Zendesk shareholders received...
EnCap Investments is raising its first private equity fund in five years dedicated to oil and gas production, people familiar with the matter said, making it an exception among U.S. buyout firms that have fled the oil patch amid a scarcity of lucrative acreage and...
Private equity firm Clayton Dubilier & Rice is in discussions to invest about $1bn in enterprise software provider Pegasystems, according to people familiar with the matter. The investment is strategic for CD&R and not a prelude to a takeover of Pegasystems,... 