Private equity firms have loaded more debt onto their acquisition targets than ever before, surpassing their pre-pandemic record thanks to the availability of cheap credit and the billions of dollars they have amassed to pursue new deals. Last year, companies backed...
GoStudent, which provides one-to-one video-based online tutoring, raised €300M in Series D funding led by new investor Prosus, with additional participation from Deutsche Telekom, SoftBank, Tencent, Dragoneer, Left Lane Capital and Coatue. The funding comes just seven...
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... 