Popular online fitness training platform Zwift raised $450 million in a new investment round led by U.S. private equity firm KKR & Co Inc., the company said on Wednesday. The latest investment values the California-based company at more than $1 billion, a person...
For many, private equity and ESG are considered strange bedfellows. However, as evidence for the link between financial performance and ESG factors grows, and with regulatory intervention on the horizon, GPs and LPs alike are taking notice. As the name suggests,...
Paris-headquartered Ardian has reached a final close of its fifth small-cap fund at €2bn after just six months of fundraising, according to the firm. The fund, Expansion V, is double the size of its predecessor, which closed on €1bn in 2016. The new strategy aims to...
Private equity giant TPG Capital Management LP is in talks to buy Australian bootmaker R.M. Williams from French fashion giant LVMH Moet Hennessy Louis Vuitton, the Australian Financial Review (AFR) reported on Wednesday. The U.S. buyout specialist is conducting...
The Hut Group’s shares soared more than 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal the first major British initial public offering in seven years. The company, which helps sell retail... 