by Sebastian | Jan 14, 2021 | News
Neuberger Berman closed its latest co-investment fund, NB Strategic Co-Investment Partners IV, with $2.1 billion. The fund, which was oversubscribed, exceeded its fundraising target, spokesman Alexander Samuelson said in an email. The new fund is 40% larger than the...
by Sebastian | Jan 14, 2021 | News
Private-equity investor New Mountain Capital is starting the new year with more capital to invest than ever before. The New York-based firm said it has collected over $10 billion across two new funds, including a $9.6 billion flagship private-equity vehicle and a $640...
by Sebastian | Jan 14, 2021 | News
Silver Lake said on Wednesday it had raised about $20 billion for its buyout fund, Silver Lake Partners VI, as the technology-focused private equity firm looks to focus on large-scale investments. Silver Lake, which manages about $75 billion in combined assets under...
by Sebastian | Jan 13, 2021 | News
Energy infrastructure company New Fortress Energy Inc said on Wednesday it would buy Hygo Energy Transition Ltd for $2.18 billion to expand its presence in Brazil, as South America’s largest market opens its natural gas industry to private investors. Hygo is a 50-50%...
by Sebastian | Jan 13, 2021 | News
The European Commission said on Wednesday it approved the $27bn (£22bn) acquisition of Refinitiv by the London Stock Exchange (LSE.L) Group. LSE’s shares were roughly 1.8% higher Wednesday afternoon. The EC’s executive vice-president Margrethe Vestager, in charge of...
by Sebastian | Jan 13, 2021 | News
Utah-based fintech startup MX said on Wednesday it raised $300 million in a funding round led by private equity firm TPG Capital, giving it a valuation of $1.9 billion, as companies and investors seek to bet on the fast-growing e-commerce sector. The boom in...
