OwnBackup Approaches $3.35bn Valuation with PE-Investment

OwnBackup Approaches $3.35bn Valuation with PE-Investment

OwnBackup, a leading cloud data protection platform, today announced a Series E investment of $240m co-led by Alkeon Capital and B Capital Group, including a secondary investment in the company by BlackRock Private Equity Partners and Tiger Global. Existing...
Oak Hill Capital Targets $500m to Extend MetroNet Investment

Oak Hill Capital Targets $500m to Extend MetroNet Investment

Oak Hill Capital Partners is pitching a single-asset secondary transaction involving fiber-optic network provider MetroNet Inc. that could raise $500m, according to people familiar with the matter. The New York-based buyout firm could announce the closing of the...
Sands Capital Closes $560m Life Sciences Fund

Sands Capital Closes $560m Life Sciences Fund

Sands Capital held a first and final closing of its second life sciences dedicated fund, Sands Capital Life Sciences Pulse Fund II, L.P., raising $560m. This close increases total Pulse Strategy assets under management to more than $950m, including Sands Capital Life...