Secondary fundraising stays strong despite pandemic

Secondary fundraising stays strong despite pandemic

The coronavirus pandemic stalled deal activity in the secondary market in the first half of the year, but secondary funds continue to find favor as investors bet that deals will pick up as the pandemic eases. “Coronavirus is creating a hundred-year-flood scenario for...

CVC Capital Closes Record 21 Billion-Euro Buyout Fund

CVC Capital Partners has completed a 21.3 billion-euro ($24 billion) fundraising for its eighth flagship fund, people familiar with the matter said, in the private equity industry’s largest new pool of capital so far this year. The buyout fund, which is CVC’s biggest...
Intel to invest $253.5 million in India’s Reliance Jio Platforms

Intel to invest $253.5 million in India’s Reliance Jio Platforms

Intel  said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook, General Atlantic, and Silver Lake that have backed India’s top telecom operator in recent months. The American chipmaker’s investment...