For most of their existence, special-purpose acquisition companies were mostly unknown. But this year, they’ve become some of the hottest investment vehicles on Wall Street, offering companies an alternative to a traditional IPO and opening up fertile new ground...
Investment firm Questa Capital Management has raised $348m for its second medical growth equity fund, Questa Capital Partners II, after backing successful companies such as EPIX Therapeutics with its debut fund. Questa held a final closing on its $199m first fund in...
Private-equity firm Clearlake Capital is buying Zywave from Aurora Capital Partners, the latest sale of an insurance technology company. The deal is valued at $800 to $900 million, people familiar with the transaction said. Zywave’s management is investing in the...
Blackstone Group said it is investing an initial $250m in ClearGen, a new portfolio company that will finance and own distributed sustainable energy infrastructure assets focused on commercial, industrial and institutional customers. The private equity giant, through...
Riverstone Holdings LLC, one of the oil and gas sector’s largest private equity investors, is planning a blank-check acquisition company that will buy a business in the clean energy industry, people familiar with the matter said on Thursday. The move illustrates how... 