by Andreea Melinti | Jan 22, 2025 | News
The Los Angeles Fire & Police Pension System approved $382.2m in commitments across six private equity funds and one private credit fund. These investments, finalised between November and December 2024, reflect the pension’s continued focus on diversifying its...
by Andreea Melinti | Jan 22, 2025 | News
North American private equity firm Novacap has closed its first Digital Infrastructure Fund I, raising over $1bn. The fund surpassed its target, attracting commitments from institutional investors, family offices, and high-net-worth individuals across North America,...
by Andreea Melinti | Jan 22, 2025 | News
Blackstone and Vista Equity Partners completed their $8.4bn acquisition of Smartsheet, a leading enterprise work management platform. The transaction, initially announced in September 2024 and approved by stockholders in December, allows Smartsheet shareholders to...
by Andreea Melinti | Jan 22, 2025 | News
Mark Benedetti, Executive President at Ardian, forecasts a rebound in private equity exits during Donald Trump’s second presidential term. Speaking at the World Economic Forum in Davos, Benedetti noted that many firms had delayed asset sales due to election...
by Andreea Melinti | Jan 22, 2025 | News
Bridgepoint has completed its acquisition of Eckoh, a global leader in Customer Engagement Data Security Solutions, at 54 pence per share. The deal delisted Eckoh from the AIM market on the London Stock Exchange on 21 January 2025. This acquisition represents the...
by Andreea Melinti | Jan 22, 2025 | News
MorganFranklin Cyber completed a private equity-backed management buyout, becoming an independent cybersecurity firm with majority ownership held by Boston-based MC Partners. The firm will remain under the leadership of its founding team—Pete Schile, Keith Hollender,...