Lower midmarket growth firm Aldrich Capital Partners has secured $450m for its second investment vehicle, hitting its hard cap amid strong demand from institutional investors. The vehicle, Aldrich Capital Partners Fund II, exceeded both the firm’s $350m target and the...
STG Partners LLC is pitching its first fund focused on investments in lower midmarket technology deals in a red-hot market for such funds, according to people familiar with the fundraising. The Palo Alto, Calif.-based midmarket technology investor, previously known as...
Switzerland-based sports data provider Sportradar Group AG’s shares opened flat in their market debut on Tuesday, valuing the company at nearly $8bn. The sports-betting and data firm took the IPO route to go public after abandoning plans for a merger with a special...
US-based alternative investment management company Blackstone is in advanced talks to acquire Dubai-headquartered VFS Global, the world’s largest visa outsourcing company, for $1.2bn, according to people with knowledge of the matter. Founded in India, VFS Global is a...
Brookfield Asset Management Inc. is seeking to raise $12bn to $15bn for its third flagship private equity fund after making a string of acquisitions, according to people familiar with the matter. The Toronto-based firm is expected to start fundraising later this month... 