by Sebastian | Jan 4, 2022 | News
TPG set terms for a U.S. initial public offering that could raise as much as $1.05bn, as it joins larger rivals like Blackstone Inc. in listing on the stock market. The private equity firm and some top executives plan to offer 33.9 million shares at $28 to $31 apiece,...
by Sebastian | Jan 4, 2022 | News
Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, announced today that it has sold its portfolio company West Academic to BARBRI Global, a portfolio company of Francisco Partners. Financial terms of the transaction were not disclosed. West...
by Sebastian | Jan 4, 2022 | News
Sales of U.S. leveraged loans are likely to stay strong for at least the next few months thanks to private equity buyout activity that is showing few signs of abating. There are deals already in the pipeline, including Hellman & Friedman and Bain Capital’s...
by Sebastian | Jan 3, 2022 | News
Private equity bet big on software companies in 2021, but Thoma Bravo has outshone all other firms by landing five of the top 10 largest global buyouts in the sector, worth a combined $30.65 billion, according to PitchBook data. The tech-focused firm, which is...
by Sebastian | Jan 3, 2022 | News
The New York State Common Retirement Fund has cashed out of more than $600 million in global equity investments, while making over $700 million in new commitments to alternative investments. The fund also agreed to invest $2 billion in FTSE Russell’s Russell 1000 TPI...
by Sebastian | Jan 3, 2022 | News
B Capital Group, which backs early- and growth-stage companies focused on digitizing traditional industries, has sold a slice of its holdings in five businesses for about $200m, according to people familiar with the matter. The firm backed the five companies involved...
