The California Public Employees’ Retirement System (CalPERS) has engaged financial services company Jefferies about the potential of selling up to $6bn of its private equity stakes, according Buyouts magazine. This comes just after CalPERS announced it would be...
Private banking in Luxembourg has reached a new milestone. At the end of 2020, the sector had €508bn in assets under management, says a study conducted by KPMG on behalf of the Luxembourg Bankers’ Association (ABBL). This indicates a 100% increase since 2008 and...
Great Hill Partners, which backs midmarket technology-enabled companies, is pitching its eighth fund to investors with a goal of raising $3.5bn, according to people familiar with the effort. The Boston-based firm’s Great Hill Partners VIII LP fund would be 40% larger...
Private equity firm GTCR is nearing a deal to buy Warburg Pincus’s health-care IT firm Experity Inc. for about $1.2bn, according to people with knowledge of the matter. Experity, which provides software to urgent care practices and doctors’ offices, drew interest from...
Westcap is pleased to announce the final close of Westcap MBO III Investment LP of $285m. Upon its launch in spring 2021, Fund III targeted a minimum raise of $150m which represented an increase from previous Funds in the series. The large demand in subscriptions... 