One year on: How Covid-19 has impacted private equity

One year on: How Covid-19 has impacted private equity

Over the past year, “lockdown”, “rate of transmission”, and “social distancing” all entered our collective vocabularies. At the same time, new ways of working and doing business emerged.  That’s as true for private equity (PE) as it is for any other sphere of...
Alignment Healthcare Sets IPO at 27.2 Million Shares

Alignment Healthcare Sets IPO at 27.2 Million Shares

Alignment Healthcare, which provides Medicare Advantage plans to seniors, announced terms for its IPO on Thursday. The Orange, CA-based company plans to raise $490 million by offering 27.2 million shares (20% insider) at a price range of $17 to $19. At the midpoint of...
Lexington Partners Banks $3.2 Billion for Fifth Co-Investment Fund

Lexington Partners Banks $3.2 Billion for Fifth Co-Investment Fund

Secondary investing giant Lexington Partners has blown past the target for its latest co-investment fund. The New York-based firm has closed its Lexington Co-Investment Partners V LP fund with $3.2 billion, surpassing its initial $2.5 billion target. The new vehicle...