Francisco Partners to back software firm Paradigm

Francisco Partners to back software firm Paradigm

Private equity firm Francisco Partners has agreed to invest in legal software platform Paradigm in a deal that valued the firm at $400m, people familiar with the matter told Reuters. The deal is the latest bet on the legal technology sector from Francisco Partners,...
BlackRock profit beats estimates though asset growth stalls

BlackRock profit beats estimates though asset growth stalls

BlackRock topped third-quarter profit estimates helped by robust performance fees and strong demand for its actively managed and sustainable funds, even as volatile markets hindered the world’s largest money manager from growing its assets under management. Asset...
SoftBank invests $400m in activewear maker Vuori

SoftBank invests $400m in activewear maker Vuori

SoftBank Group Corp’s venture capital fund has invested $400m in Vuori Inc, the California-based maker of leggings and sports bras said on Wednesday, valuing it at $4bn. Vuori, founded in 2015, plans to expand its Western European and Asian markets next year and open...
Carlyle and ARA Dunedin acquire UK logistics portfolio for £102m

Carlyle and ARA Dunedin acquire UK logistics portfolio for £102m

Global investment firm Carlyle and ARA Dunedin today announced that their joint venture, established in March 2021, has acquired a portfolio of logistics assets in the UK from Moorfield Real Estate Fund IV for £102m. The portfolio comprises 11 distribution logistics...
Blackstone Eyes as Much as $10bn for Next Big Growth Fund

Blackstone Eyes as Much as $10bn for Next Big Growth Fund

Blackstone is setting out to raise one of the largest growth equity funds on record. The investing giant may seek as much as $10 billion for a second fund targeting fast-growing companies, more than twice the size of its debut fund for that strategy, according to...