Atlantic Street Capital Targets $850m for New Fund

Atlantic Street Capital Targets $850m for New Fund

Lower-midmarket-focused Atlantic Street Capital Management is targeting $850m for its fifth fund, according to people familiar with the fundraising. If the Greenwich, Conn.-based firm reaches the target, Atlantic Street Capital V LP would be 70% larger than its...
Warburg Pincus seeks $16bn for private equity fund

Warburg Pincus seeks $16bn for private equity fund

Warburg Pincus is seeking to raise $16bn from investors for its latest flagship global private equity fund, its biggest ever, according to people familiar with the matter. The New York-based firm is in the early stages of raising Warburg Pincus Global Growth 14, and...
Martin Sorrell’s S4 Capital acquires tech services group Zemoga

Martin Sorrell’s S4 Capital acquires tech services group Zemoga

Martin Sorrell’s S4 Capital has struck a deal to buy Zemoga, a technology services company that provides a new route for the rapidly growing digital advertising group to win work from multinational clients. Sorrell, the founder of WPP, has turned S4 into a $6 billion...
Sweden’s EQT walks away from $2bn bid for Australia’s Iress

Sweden’s EQT walks away from $2bn bid for Australia’s Iress

Swedish private-equity firm EQT has ended talks to buy Australia’s Iress for $2.3bn, sending shares in the financial software company spiralling lower on Friday. Despite raising its bid three times to gain exclusive due diligence access, EQT said it had decided not to...