Accel-KKR on track to raise around $1.25bn for growth fund

Accel-KKR on track to raise around $1.25bn for growth fund

Technology investor Accel-KKR is raising more than $1bn for a new growth capital fund and its final closing is expected next month, according to a person at the fundraiser. Menlo Park, Calif.-based firm Accel-KKR is on track to raise about $1.25 billion for Growth...
Carlyle Prepares to Raise Its Biggest-Ever European Buyout Fund

Carlyle Prepares to Raise Its Biggest-Ever European Buyout Fund

Carlyle Group is preparing to raise its biggest-ever European buyout fund, taking advantage of a rush of capital into private equity firms, people with knowledge of the matter said. The U.S. investment firm could aim to raise around 7.5 billion euros ($8.5 billion)...
Norway’s Summa raises $2.6bn in latest ‘impact’ fund

Norway’s Summa raises $2.6bn in latest ‘impact’ fund

Summa Equity said it has raised €2.3bn for Europe’s biggest-ever ‘impact’ fund, which is focused on helping meet the U.N.’s 17 Sustainable Development Goals. The Oslo-based Nordic private equity firm said the fund aims to improve health and working conditions and...
Blackstone in talks to buy Baring’s Interplex for at least $1bn

Blackstone in talks to buy Baring’s Interplex for at least $1bn

Blackstone have acquired Interplex, a global leader in innovative and customized connector solutions for the auto, medical and information communications technology (ICT) markets, from Baring Private Equity Asia’s affiliated private equity funds. The company has...