Bain Capital Closes Two Funds at $1.3bn

Bain Capital Closes Two Funds at $1.3bn

Bain Capital Ventures has closed two new funds worth a combined $1.3bn that will mostly target early-stage investments, as it continues to pivot away from growth investments. The fresh capital raised by private equity giant Bain Capital will back a $950m core fund for...
Private Equity’s Falling Out of Love with Plastic Packaging

Private Equity’s Falling Out of Love with Plastic Packaging

A decade ago, private equity couldn’t get enough of plastic packaging. They snapped up companies making bags, films and trays to contain everything from food and fashion to drink to drugs, drawn by reliable cash flows and consolidation prospects. But now the...
Electra Private Equity Plans to List TGI Fridays, Hotter Shoes

Electra Private Equity Plans to List TGI Fridays, Hotter Shoes

Electra Private Equity ELTA.L said on Friday that it plans to list TGI Fridays and Hotter Shoes, its two remaining portfolio companies, as the British buyout firm prepares to wind down. The company said it aims to list restaurant chain TGI Fridays on the main market...