LightBay Capital Seeks $800 Million for Sophomore Fund

LightBay Capital Seeks $800 Million for Sophomore Fund

LightBay Capital, a private-equity firm started five years ago by former Ares Management Corp. executives, has begun pitching investors on its second fund, according to people familiar with the matter. The Los Angeles firm is targeting $800 million for the vehicle and...
Private capital industry soars beyond $7tn

Private capital industry soars beyond $7tn

The private capital industry has grown to more than $7tn thanks to demand for higher-returning but pricey and opaque strategies, spurring the likes of Schroders and JPMorgan to launch new divisions and sending others on the prowl for acquisitions.  Although still...
Quantum-Si closes $1bn SPAC deal with HighCape

Quantum-Si closes $1bn SPAC deal with HighCape

Quantum-Si Incorporated (QSi), a specialist in next-generation semiconductor chip-based proteomics, has completed its business combination with HighCape Capital Acquisition Corp (HighCape), a special purpose acquisition company sponsored by leading healthcare growth...