Private equity firm PAG eyes cloud assets after $2bn bet

Private equity firm PAG eyes cloud assets after $2bn bet

PAG will create a new digital infrastructure company after the Asia-focused private equity firm invested in $2bn of assets in the space, betting on the rising demand for data storage from the region’s fast-growing technology industry. The business will focus on the...
$1.9bn raised for Bain Capital’s life sciences fund

$1.9bn raised for Bain Capital’s life sciences fund

Bain Capital’s life sciences arm has just finished raising $1.9bn for its third investment fund. The fund also includes $300m from current and former partners of the Boston-based private equity firm, and it has begun searching for drug, biotech, and medical device...
Generate Capital Invests $240m in Solar Developer Nexamp

Generate Capital Invests $240m in Solar Developer Nexamp

Nexamp, a leader in building tomorrow’s energy infrastructure, and reinventing how people interact with the electricity that powers their lives, has secured a $240m equity investment led by Generate Capital. The company also recently raised $440m in debt...
Mubadala Capital expands private equity arm with London team

Mubadala Capital expands private equity arm with London team

The Abu Dhabi firm recently closed on $1.63bn for its third private equity fund, while it also plans to expand in New York Mubadala Capital, the investment arm of Abu Dhabi-based sovereign wealth manager Mubadala Investment, is preparing to add private equity...
Canada Pension Plan’s Net Assets Top $500bn

Canada Pension Plan’s Net Assets Top $500bn

The Canada Pension Plan Investment Board’s net assets topped half a trillion dollars in its first quarter. CPP Investments reported that its net assets for the quarter ended June 30 totaled $519.6bn, up from $497.2 bn at March 31. The increase came as the fund earned...