General Atlantic makes majority investment in Plusgrade

General Atlantic makes majority investment in Plusgrade

Global growth investor General Atlantic has made a majority investment in Plusgrade, a provider of ancillary revenue solutions for the global travel industry, in a deal that sees Novacap fully exit its stake while another existing investor, CDPQ, remains a significant...
Ardian targets €5bn for new private credit fund

Ardian targets €5bn for new private credit fund

French alternative asset manager Ardian is looking to raise at least €5bn (£4.3bn) for its sixth private credit fund. The Paris-headquartered firm’s private credit division, headed up by Mark Brenke, typically provides senior debt facilities to mid-sized companies. It...
EQT wraps up Future Fund at $3.3bn

EQT wraps up Future Fund at $3.3bn

Private equity investor, EQT has held the final close of its EQT Future fund at €3bn (US$ 3.3bn) in total commitments, with total fee-generating commitments for the overall strategy, including co-investments, totalling €3.6bn. It comes one week after EQT closed its...
LDC invests in travel software developer 15below

LDC invests in travel software developer 15below

LDC, a private equity investor which is part of Lloyds Banking Group, has invested in 15below, a specialist software developer, as part of a five-year growth strategy which will include investment and support to further develop proprietary technology to support...