Munich Private Equity Partners (MPEP) has launched its fourth buyout-focused fund-of-funds with a €250m target. The announcement comes a month after the Germany-based firm held a final close at €162m of its third strategy. MPEP IV targets private equity fund...
Growth-equity firm General Atlantic has led a $300 million funding round for Brazilian financial technology company Neon Pagamentos SA to help foster the company’s continued growth. The latest funding comes not long after the firm helped back the company in a roughly...
Covid-19 has had an effect on the Chinese economy, but not on longer term trends in the Chinese private equity market, according to Ivo Naumann, Shanghai-based partner and leader of McKinsey’s private equity & principal investors practice in Greater China. China...
Russian conglomerate Sistema said on Wednesday that it and the Russia-China Investment Fund (RCIF) had raised 20.7 billion roubles ($281 million) from the sale of 25% of shares in Russia’s biggest toy retailer Detsky Mir. The sale, which follows others by the partners...
Fallout from the coronavirus pandemic failed to slow a push into private equity co-investments by one of California’s largest public pension plans during this year’s first half. The $253.6bn California State Teachers’ Retirement System, or Calstrs, ramped up... 