Private equity firm Carlyle Group Inc said on Sunday Chief Executive Kewsong Lee, 56, has stepped down with immediate effect months before the scheduled end of his five-year contract. Carlyle said in a statement it and Lee mutually agreed his contract which was due to...
BlackRock, the world’s biggest asset manager, has formed a partnership with publicly traded crypto exchange Coinbase to make crypto directly available to institutional investors. Mutual customers of Coinbase and BlackRock’s investment management platform,...
Top Tier Capital Partners has boosted its assets under management to $8.1bn thanks to a new fund close. The fund of funds specialist has closed Velocity Fund 4 on $925m to focus on late-stage climate tech co-investments. The main VVF4 has collected $503.5m to invest...
Siguler Guff, a multi-strategy private markets investment firm with approximately $16bn of assets under management, announced today that it has completed fundraising for Small Buyout Opportunities Fund V LP. Fund V was oversubscribed after five months of fundraising,...
ACON Investments, a private equity investment firm based in Washington D.C., announced today the closing of ACON Strategic Partners II, a new single-asset continuation fund of approximately $700m in connection with the partial sale of its ACON Equity Partners IV... 