Iress opens books to EQT after higher $2.35bn bid

Iress opens books to EQT after higher $2.35bn bid

Australia’s Iress Ltd said on Wednesday it had opened its books to EQT after the Sweden-based private equity firm made a revised proposal to buy the software provider for an enterprise value of $2.35bn. Iress said last month it had rejected two earlier bids from EQT,...
NewSpring Raises $364m in Fourth Mezzanine Fund

NewSpring Raises $364m in Fourth Mezzanine Fund

NewSpring, a family of private equity strategies, has closed its fourth mezzanine fund, NewSpring Mezzanine Capital IV. In total, the fund raised $364.3m. NewSpring Mezzanine provides a range of mezzanine debt and equity services. NSM IV provides an option to invest...
Cairngorm Capital closes third fund at £200m hard cap

Cairngorm Capital closes third fund at £200m hard cap

Cairngorm Capital Partners has closed its third fund – Cairngorm Capital III – at its £200m hard cap. The fund, which was oversubscribed, has already made five investments  Signalling ongoing confidence in and support for its investment approach, Cairngorm Capital is...