abrdn Private Equity extends loan facility to £300m

abrdn Private Equity extends loan facility to £300m

abrdn Private Equity Opportunities Trust – Edinburgh-based investor in private equity funds focused on Europe – Expands its syndicated multi-credit facility agreement to GBP300 million from £200m. Says that Royal Bank of Scotland International Ltd will...
Insight Partners to acquire stake in software firm Aptean

Insight Partners to acquire stake in software firm Aptean

New York-based private equity and investment firm Insight Partners will acquire a minority stake in Aptean. Financial details on the deal were not disclosed but the minority stake would value the company at about $3.55 billion, according to a source familiar with the...
Fund manager Hy24 closes €2bn clean hydrogen infrastructure fund

Fund manager Hy24 closes €2bn clean hydrogen infrastructure fund

Fund manager Hy24 Partners has closed what it says is the world’s first infrastructure fund exclusively investing in the whole clean hydrogen value chain to new investments at $1.94bn. The fund, launched a year ago, is focused on scaling up hydrogen technologies. Hy24...
India’s Adani in talks with investors to raise $10bn

India’s Adani in talks with investors to raise $10bn

Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10bn to fund its expansion into clean energy, ports and cement businesses. Adani Group will invest more...
Providence wins $1.3bn auction for French software firm A2Mac

Providence wins $1.3bn auction for French software firm A2Mac

Providence Equity Partners has entered exclusive talks to buy French automotive data firm A2Mac1 for about $1.3bn, clinching one of Europe’s rare private equity buyouts in a tough financing market, two sources told Reuters. Providence signed an exclusive...