by Sebastian | Jul 15, 2021 | News
British-based digital banking app Revolut has raised around $800 million in a new funding round led by Softbank’s Vision Fund and Tiger Global Management, valuing the company at around $33 billion. The fundraising makes Revolut Britain’s most valuable fintech firm and...
by Sebastian | Jul 15, 2021 | News
Buyout firms Partners Group Holding AG and CVC Capital Partners have teamed up against chemicals company Celanese Corp. in the bidding for German technical-ceramics maker CeramTec GmbH, according to people familiar with the matter. Owner BC Partners has called for...
by Sebastian | Jul 15, 2021 | News
Australia’s Spark Infrastructure Group said on Thursday it has received a buyout proposal from private equity firm KKR and Ontario Teachers’ Pension Plan Board, valuing the electricity infrastructure investor at $3.67bn. Spark shareholders will get A$2.80 for each...
by Sebastian | Jul 15, 2021 | News
Avesi Partners, a private equity firm based in Stamford, Connecticut, specializing in healthcare and business services, announced the final closing of its debut fund, Avesi Partners I LP, with $875 million of capital commitments. The Fund was oversubscribed and closed...
by Sebastian | Jul 15, 2021 | News
BlackRock Real Assets, an affiliate of the world’s largest asset manager, said Thursday it has acquired a 100-percent stake in IGIS Private Equity, which has been rebranded as the Korea Renewable Energy Development & Operation (KREDO) Holdings. This is...
by Sebastian | Jul 15, 2021 | News
Hellman & Friedman has raised one of the biggest-ever pools of private equity capital, after investors committed $24.4bn to its latest flagship fund. The U.S. buyout firm pledged $1.8bn to Hellman & Friedman Capital Partners X, which was “significantly”...