by Sebastian | Jul 26, 2021 | News
Leeds Equity Partners has nearly completed raising commitments for its seventh buyout fund and expects to wrap it up by the end of this month with $1.25bn, Connecticut pension documents show. The Connecticut Retirement Plans and Trust Funds is considering adding $50m...
by Sebastian | Jul 26, 2021 | News
US buyout house Apollo has agreed to take New York-listed homebuilder The New Home Company private in a $388m all-cash transaction. The firm said it expects an “exciting opportunity” as accelerated housing demand is met with limited supply. The deal sees Apollo buying...
by Sebastian | Jul 26, 2021 | News
Neuberger Berman, a private, independent, employee-owned investment manager, has held the final close of the NB Private Equity Impact Fund with nearly $280m of commitments. The successful fundraise demonstrates the growth of Neuberger Berman’s private equity impact...
by Sebastian | Jul 26, 2021 | News
Real-estate focused Slate Asset Management, which is backed by Goldman Sachs Group Inc.’s Petershill arm, has raised nearly $600m for its first private credit fund. The Toronto-based firm invests in real estate through private equity funds as well as publicly traded...
by Sebastian | Jul 26, 2021 | News
Medallia, the global leader in customer and employee experience, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values Medallia at $6.4bn. Through this...
by Sebastian | Jul 26, 2021 | News
UK corporates have seen their aggregate net cash holdings rise from £20bn to £109bn since March 2020 and the start of the Covid pandemic, a jump of 500%. The build up in cash balances has been so dramatic that UK corporates are increasingly seen as a serious rival to...