by Sebastian | Mar 21, 2021 | News
PE-giant Blackstone Group Inc. raised a gobsmacking US$ 4.5 billion for its inaugural growth equity fund – Blackstone Growth (BXG). Blackstone is known for its buyout strategies with regard to private equity. Blackstone said the growth equity fund was oversubscribed....
by Sebastian | Mar 21, 2021 | News
Over the past year, “lockdown”, “rate of transmission”, and “social distancing” all entered our collective vocabularies. At the same time, new ways of working and doing business emerged. That’s as true for private equity (PE) as it is for any other sphere of...
by Sebastian | Mar 20, 2021 | News
Analysis has revealed that private equity investments focusing on climate protection, besides having a positive effect on the planet, do not sacrifice profitability. The exploratory study, in conjunction with the Technical University of Munich and climate...
by Sebastian | Mar 19, 2021 | News
J.P. Morgan Private Bank announced the final closing of its Global Impact Fund, with total investable capital of more than $150 million. The Fund, which began investing in December 2020, has already committed to four underlying impact venture, growth and buyout...
by Sebastian | Mar 19, 2021 | News
Alignment Healthcare, which provides Medicare Advantage plans to seniors, announced terms for its IPO on Thursday. The Orange, CA-based company plans to raise $490 million by offering 27.2 million shares (20% insider) at a price range of $17 to $19. At the midpoint of...
by Sebastian | Mar 19, 2021 | News
Secondary investing giant Lexington Partners has blown past the target for its latest co-investment fund. The New York-based firm has closed its Lexington Co-Investment Partners V LP fund with $3.2 billion, surpassing its initial $2.5 billion target. The new vehicle...