Sallyport closes $160m inaugural PE fund, exceeding target

Sallyport closes $160m inaugural PE fund, exceeding target

Texas-based Sallyport Investments closed its first private equity fund at $160m, surpassing its original target. The fund focuses on investing in lower middle-market companies across North America. Key sectors include healthcare, business services, and industrials,...
Franklin Templeton launches $904.5m secondary PE fund

Franklin Templeton launches $904.5m secondary PE fund

Franklin Templeton has introduced its first open-end fund focused on secondary private equity. The fund launched with $904.5m in assets under management through partnerships with two U.S. wealth management firms. The Franklin Lexington Private Markets Fund (FLEX)  is...
Capital D invests in retail tech innovator GoWish

Capital D invests in retail tech innovator GoWish

Capital D, a private equity fund manager, has made a strategic investment in GoWish, a leading Danish retail technology company. GoWish offers an AI-powered platform that enables retailers to predict customer preferences, optimise inventory, and enhance engagement....
Directional Capital to acquire Pizza Hut UK operations

Directional Capital to acquire Pizza Hut UK operations

Directional Capital, a private equity firm, is in advanced discussions to acquire Pizza Hut UK’s restaurant operations. The proposed deal would include 140 sites and save most of the 3,000 jobs tied to the business. Only a small number of outlets are expected to...