by Sebastian | Sep 23, 2021 | News
Clearhaven Partners, a new firm focused on lower midmarket technology and software investments, has closed its debut fund with more than $312m in capital. The vehicle, Clearhaven Fund I LP, closed above the Boston-based firm’s target, after coming to market in the...
by Sebastian | Sep 23, 2021 | News
Ara Partners has raised about $1.1bn to invest in businesses that help industries reduce carbon emissions. The Houston-based firm said it wrapped up Ara Fund II LP far above an initial $650 million target. Ara last year secured roughly $400 million for its predecessor...
by Sebastian | Sep 23, 2021 | News
A record $50bn in secondary deals completed in H1 2021. It is a sign of things to come, with transaction volume poised to reach $100-105bn by the end of the year. Over the last decade the proportion of GP-led deals have increased gradually, surpassing LP-led...
by Sebastian | Sep 23, 2021 | News
Genoa announced on Thursday they have been bought by American private equity fund 777 Partners for a reported $175m as Italian businessman Enrico Preziosi ends his 18-year ownership of Italy’s oldest football club. “The new owner group, which will acquire...
by Sebastian | Sep 23, 2021 | News
Carlyle Group Chief Executive Kewsong Lee said on Wednesday that the U.S. private equity firm will remain a long-term investor in China despite “bumps” that have unnerved some investors. Beijing authorities have rolled out restrictions in the last few weeks on...
by Sebastian | Sep 23, 2021 | News
The takeover of medical supply company Medline Industries Inc. is being funded by the largest leveraged buyout loan in three years, the latest sign of a hot U.S. market coming out of the pandemic. The dollar tranche amounts to $6 billion, the most since Refinitiv’s...