Paceline Equity Partners, a firm launched by seven executives who previously worked together at private-equity investor Lone Star Funds and its affiliate Hudson Advisors LP, has closed its debut fund at $350 million. One of the investors in Paceline Equity Partners...
Private equity firm KKR has agreed to buy a minority stake in French software and computing services company Cegid in a deal that the companies said gives Cegid an enterprise value of $6.7bn. Investment firm Silver Lake will remain Cegid’s majority shareholder. Cegid,...
U.S. private equity firm Arclight Capital Partners, which invests the retirement savings of Maine teachers, NFL football players and Mayo Clinic doctors, lost hundreds of millions of dollars betting on a troubled Caribbean oil refinery, according to sources and...
Rothschild & Co has completed the fundraising for Five Arrows Private Equity Programme II (FAPEP II) with commitments totalling €366 million. This is the 17th fund raised above its expected target by Rothschild & Co’s Merchant Banking business over the last 10...
Seattle-based Outreach, a startup that specializes in sales intelligence, said it’s valued at $4.2 billion after its latest round of financing, more than triple what it was worth last year. The new $200 million investment was led by new investors Premji Invest and...