Park Square Capital has held the final closing of its fourth subordinated debt fund, resulting in total investable capital of around $2.7bn. Park Square Capital Partners IV and related vehicles (PSCP IV) raised around $2.2bn of equity commitments, exceeding its target...
Audax Private Debt, the debt financing unit of multi-strategy investment firm Audax Group, has closed on $1.85bn for its fifth mezzanine fund to target private equity backed mid-market businesses. Commitments to Audax Mezzanine Fund V exceeded the firm’s fundraising...
Advent-backed French start-up Shift Technology, a developer of software to help insurers detect fraudsters, has closed a $220m fundraising that brings its valuation to over $1bn, it said on Thursday. Shift Technology’s latest fundraising was led by private...
EQT-backed enterprise software company SUSE set the price range for its initial public offering in Frankfurt on Wednesday, implying a market capitalisation of between $5.9-$6.9bn. SUSE, whose open-source software helps run applications on cloud servers, mainframe...
Massachusetts’s largest state pension manager is creating a program to increase engagement with diverse emerging managers while stepping up reporting requirements on diversity and inclusion for current investment managers. The pension’s expanded due diligence... 