by Sebastian | Jan 12, 2021 | News
Private-equity firm Thomas H. Lee Partners is pitching its ninth flagship fund to institutional investors after corralling $900 million for a fund focused on investing in automation. The midmarket growth firm is seeking $4.25 billion for its Thomas H. Lee Equity Fund...
by Sebastian | Jan 12, 2021 | News
Avanath Capital Management, LLC announced the final close of its fourth discretionary fund with a total of $760 million in equity commitments. That figure is significantly above the fund’s original commitment target of $550 million. Avanath’s Daryl Carter says, “Our...
by Sebastian | Jan 12, 2021 | News
Power Corporation subsidiary Sagard Holdings has launched a new private equity (PE) business in Canada, the first foray for the firm into the PE space in Canada. The new business unit, announced Monday, is being led by PE veteran Marie-Claude Boisvert, formerly of...
by Sebastian | Jan 12, 2021 | News
Real estate developer Prestige Group plans to build more than 40 million sq. ft of office space across multiple cities, after selling some of its office, retail and hotel assets to Blackstone Group Lp. The New York-based private equity giant received approval in...
by Sebastian | Jan 12, 2021 | News
GLIL Infrastructure has raised £500m from two Local Government Pension Scheme (LGPS) pools to fund UK infrastructure investments. The commitment takes GLIL’s LGPS-backed capital to £2.3bn, of which £1.4bn is already deployed across ten infrastructure assets. The...
by Sebastian | Jan 12, 2021 | News
KKR has joined a feeding frenzy for lucrative song rights after agreeing to buy a majority stake in the catalogue of songwriter Ryan Tedder, who has penned hits for Beyoncé, Adele, Paul McCartney and Stevie Wonder. Mr Tedder, alongside Max Martin and Jason “Poo Bear”...
