U.S. solar power equipment maker Array Technologies sold shares in its initial public offering (IPO) on Wednesday at $22 apiece, above its target range, raising $1.05 billion. The offering of 47.5 million shares values Array, which is backed by U.S. private equity...
US mid-market firm Levine Leichtman Capital Partners (LLCP) has held a final close for its second Europe-dedicated private equity fund at €463m. The vehicle is a major step up from the firm’s predecessor fund, which closed at €100m in 2015 and, so far, has made four...
Dealmaking may have had a subtle recovery in the third quarter this year, but the real return to pre-pandemic levels is still far away. A majority of private equity and venture capital executives, or 74% of them, believe the industry’s rebound will only happen by the...
HarbourVest Partners has wrapped up fundraising for its largest-ever flagship secondaries fund, the Boston firm said. The fund, Dover Street X LP, closed at its hard cap with $8.1bn, including the general partner commitment. Investors included pensions, endowments,...
Electric vehicle start-up Arrival said it has raised $118m from funds managed by BlackRock, the latest investor bet on new technology upending the auto sector. The investment values the UK-based manufacturer at around €3bn, according to a person familiar with the... 