LGT Capital Partners has held final close of Crown Global Secondaries V, its fifth private equity investment programme investing globally in secondaries, at the hard cap of $4.5bn. The programmes’s investor base consists of more than 100 institutions, including...
NewSpring’s buyout strategy, NewSpring Holdings, has raised an additional USD120 million in a funding round led by Northleaf Capital Partners (Northleaf) and Velocity Structured Solutions. The investment supports the strategic growth and expansion of NewSpring...
Cerberus Capital Management LP played a major role in relieving European banks of bad debt portfolios and underperforming assets in the years following the global financial crisis, and the private equity group’s reported interest in HSBC Holdings PLC’s...
Drawn by a growing investor appetite for alternative strategies and returns, more and more fund managers are entering the market. Today, LPs are looking for more in-depth investment data, better transparency and faster communications from fund managers. Given limited...
Software startup Sprinklr, backed by private-equity firm Hellman & Friedman, said on Monday it was looking to raise as much as $380 million through a U.S. initial public offering (IPO), targeting a valuation of about $5 billion. The company, whose customers... 