TPG Growth acquires majority stake in proxy firm Morrow Sodali

TPG Growth acquires majority stake in proxy firm Morrow Sodali

TPG Growth, the middle market-focused arm of U.S. private equity firm TPG (TPG.O), has bought a majority stake in proxy firm Morrow Sodali, the companies said, without detailing terms. New York-based Morrow Sodali, which provides shareholder engagement services...
Monroe Capital Closes on $4.8bn of Direct Lending Funds

Monroe Capital Closes on $4.8bn of Direct Lending Funds

Monroe Capital announced the final close of its 2022 Monroe Capital Private Credit Fund IV with $4.8 billion of investable capital, including targeted fund leverage and separately managed accounts investing alongside the Fund. The Fund has limited partner commitments...
KKR raises $19bn for flagship North America private equity fund

KKR raises $19bn for flagship North America private equity fund

KKR has made three announcements regarding an agreement to buy French renewable energy producer Albioma in a €1.6bn deal, a tender offer for Hitachi Transport System in Japan and the launch of a renewable energy storage project platform in Asia. KKR has agreed to pay...
Elliott Seeks Over $2bn War Chest for Private Equity Deals

Elliott Seeks Over $2bn War Chest for Private Equity Deals

Paul Singer’s Elliott Investment Management LP is in talks to raise more than $2bn to boost its leveraged-buyout efforts, according to people with knowledge of the matter. The firm is in talks with institutional backers regarding the vehicle, known as a co-investment...