by Sebastian | Feb 2, 2024 | News
According to a press release, the capital from Charlesbank and Rise’s management combined will go towards the acquisition of significant minority stakes in select RIA firms. Rise will focus on high-growth RIAs with AUM between $1bn to more than $5bn. Following...
by Sebastian | Feb 2, 2024 | News
Morgan Stanley’s asset management division aims to double its private credit portfolio to $50 billion in the medium term as it gathers funds from large investors to loan out to companies. The bank has invested more than $300 million into the business, which has...
by Sebastian | Feb 2, 2024 | News
Austria’s Uniqa Insurance said it had agreed to sell a portfolio of private equity funds with a total volume of around 400 million euros ($532 million) to a number of investors. The company, which is concentrating on its core insurance business in its main...
by Sebastian | Feb 2, 2024 | News
EIV Capital, LLC (“EIV Capital”), an energy-focused private equity firm, announced today the final closing of its third fund, EIV Capital Fund III, LP and its affiliates (“Fund III”), at its hard cap of $450 million, surpassing its original...
by Sebastian | Feb 2, 2024 | News
Falfurrias Capital Partners is the latest shop to play small ball, turning its attention to the lower middle-market software and business services sector with its first growth fund. The $400 million fund closed in December and the Charlotte, N.C. firm is looking to...
