Cohere Capital Partners (“Cohere”), a Boston-based private equity firm focused exclusively on middle market growth companies, today announced the successful closing of its debut fund, Cohere Capital Fund I, LP (the “Fund”) at $200 million. The Fund closed over its...
KKR & Co. has picked Gaurav Trehan, a partner from rival buyout firm TPG, to head its private equity business in India, according to people with knowledge of the matter. Trehan, who joined TPG in 2004, left the company this month, the people said, asking not to be...
Activist investor Bill Ackman confirmed he had built a $25 million stake in private equity powerhouse Blackstone Group Inc. during the first quarter and disclosed a new position in Park Hotels & Resorts Inc. The billionaire’s Pershing Square Capital Management,...
Bain Capital is planning to raise about $9 billion for its next flagship global buyout fund, as the U.S. alternative asset manager seeks to tap demand from yield-hungry investors, people familiar with the matter said. The Boston-based firm has started discussions with...
Private equity investor Permira lowered its stake in German software company TeamViewer by selling shares to institutional investors at 41 euros apiece, it said late on Wednesday, giving it proceeds of 1.03 billion euros ($1.1 billion). With the placement of the 25... 