by Sebastian | Sep 8, 2021 | ITPEC, News
Alpine Investors has wrapped up its largest fund so far, raising $2.25bn in less than four months, according to founding partner Graham Weaver. The San Francisco-based firm’s Alpine Investors VIII LP is more than double the size of its predecessor, which closed on...
by Sebastian | Sep 8, 2021 | ITPEC, News
The $43.98bn Connecticut state pension system is preparing to deploy more than $1.27bn over the next three years to co-investments across private equity, private credit, real estate, infrastructure and natural resources strategies. The deals would include $900m in...
by Sebastian | Sep 8, 2021 | ITPEC, News
British industrial technology group Smiths has agreed to sell its medical division to U.S.-based ICU Medical for $2.4bn, it said on Wednesday, scrapping an earlier $2bn deal with private equity firm TA Associates. Shares in London-listed Smiths rose 4% in early trade...
by Sebastian | Sep 8, 2021 | ITPEC, News
Cinven, the private equity firm, is close to wrapping up a takeover of True Potential, a wealth management platform which works with a fifth of Britain’s army of financial advisers. Sky News has learnt that Cinven was on Tuesday night on the verge of signing a...
by Sebastian | Sep 8, 2021 | ITPEC, News
Blackstone Group has agreed to buy the Chamberlain Group in a deal that values the family-owned maker of LiftMaster garage-door openers at about $5bn including debt, officials from the companies said. The private-equity giant is doing the deal through its core...
by Sebastian | Sep 8, 2021 | ITPEC, News
Global private equity firm Carlyle said on Wednesday it led a $312m funding round for Japanese biotech company Spiber, joining other global investors in betting on a growing number of late-stage Japanese startup firms. Carlyle’s $91m stake in Spiber represents the...
