Pearl Energy Investments closed its fourth fund, Pearl Energy Investments IV, L.P., reaching its $999.9m hard cap within just four months of launching. The fund was oversubscribed, reflecting strong investor demand. Founded in 2015, Pearl specializes in providing...
BV Investment Partners agreed to sell TopBloc, a workday-focused consultancy, to ASGN Incorporated. The terms of the transaction were not disclosed. Founded in 2016 and headquartered in Chicago, TopBloc provides Workday deployment and support services across human...
CVC Capital Partners approached Italian government officials regarding its potential acquisition of Vivendi’s 24% stake in Telecom Italia (TIM), according to sources cited by Reuters. The private equity firm is seeking Rome’s approval, as Italian regulations require...
Munich-based private equity firm RCP Invest exited Axicom, a Swiss manufacturer of high-voltage grid components, selling the business to Trilantic Europe. The acquisition marks the third investment from Trilantic’s Energy Transition (ETI) fund, which closed at €375m...
Private equity is once again at the center of U.S. tax discussions, as President Donald Trump renews efforts to eliminate the carried interest tax provision. This policy, which has helped drive long-term investment and job creation, allows private equity and hedge...