by Sebastian | Jan 19, 2023 | News
Hellman & Friedman (H&F) is weighing options for its Italian cloud software maker TeamSystem, a business which could be valued at several billion euros, two people familiar with the matter told Reuters. Evercore is advising California-based financial investor...
by Sebastian | Jan 19, 2023 | News
Walmart-backed PhonePe said on Thursday it raised $350m from private equity firm General Atlantic at a $12bn valuation, making it India’s most valuable payments firm and giving it funds to expand into the lucrative lending space. A second tranche of investments...
by Sebastian | Jan 19, 2023 | News
The California Public Employees’ Retirement System is committing $1bn to identify and support diverse and underrepresented private market investor entrepreneurs through asset managers TPG Inc. and GCM Grosvenor. The $457 billion pension giant said it is investing...
by Sebastian | Jan 18, 2023 | News
Blackstone announced the final close of its latest global secondaries strategy, Strategic Partners IX, and inaugural GP-led continuation fund strategy, Strategic Partners GP Solutions. SP IX has total commitments of $22.2bn and SP GPS has total commitments of $2.7bn....
by Sebastian | Jan 17, 2023 | News
Private equity giant KKR will buy S&P Global’s engineering solutions business for $975m, the financial services provider said on Tuesday. The move comes months after S&P Global said it would sell the unit, which serves more than 6,000 customers in the...
by Sebastian | Jan 17, 2023 | News
Brookfield Asset Management is considering selling technology outsourcing firm Everise for about $1bn amid interest from potential buyers, according to people familiar with the matter. The Canadian investment firm has been speaking with financial advisers as it...
