Churchill Raises $1.5bn Across Secondaries, Co-Investment Funds

Churchill Raises $1.5bn Across Secondaries, Co-Investment Funds

Churchill Asset Management has raised a pair of new funds, with Paris-based private-equity firm Ardian as the lead investor and largest limited partner in both. New York-based Churchill raised about $1bn for Churchill Secondary Partners LP and roughly $500m for...
Tech Investor Francisco Partners Targets $10bn for Latest Flagship

Tech Investor Francisco Partners Targets $10bn for Latest Flagship

Francisco Partners, a technology-focused private-equity firm, plans to hit the fundraising trail later this year with the aim of collecting some $10bn for its seventh flagship fund, according to people familiar with the situation. The San Francisco-based firm’s latest...
Thoma Bravo Completes $6.6n Acquisition of Stamps.com

Thoma Bravo Completes $6.6n Acquisition of Stamps.com

Thoma Bravo, a leading software investment firm, and Stamps.com, a leading provider of e-commerce shipping solutions, today announced the completion of Thoma Bravo’s acquisition of Stamps.com for approximately $6.6bn in cash. At completion of the acquisition,...
MPM Capital Raises $850m to Fund Cancer Drug Companies

MPM Capital Raises $850m to Fund Cancer Drug Companies

The Oncology Impact Fund 2, run by biotechnology investment firm MPM Capital, has raised a total of $850m, including the $650m obtained from UBS clients. It will invest 80% of its capital into privately held start-ups, and the remainder into public companies,...
TPG to Buy Majority Stake in Thoma Bravo-Backed Tech Firm Nintex

TPG to Buy Majority Stake in Thoma Bravo-Backed Tech Firm Nintex

TPG is acquiring a majority stake in automation-software firm Nintex, which is backed by Thoma Bravo, according to a statement Tuesday. The deal is valued at more than $2 billion, including debt, according to people familiar with the matter who asked not to be...