Norway’s Summa raises $2.6bn in latest ‘impact’ fund

Norway’s Summa raises $2.6bn in latest ‘impact’ fund

Summa Equity said it has raised €2.3bn for Europe’s biggest-ever ‘impact’ fund, which is focused on helping meet the U.N.’s 17 Sustainable Development Goals. The Oslo-based Nordic private equity firm said the fund aims to improve health and working conditions and...
Blackstone in talks to buy Baring’s Interplex for at least $1bn

Blackstone in talks to buy Baring’s Interplex for at least $1bn

Blackstone have acquired Interplex, a global leader in innovative and customized connector solutions for the auto, medical and information communications technology (ICT) markets, from Baring Private Equity Asia’s affiliated private equity funds. The company has...
TCV Aims for $5.5bn for Latest Growth Fund

TCV Aims for $5.5bn for Latest Growth Fund

Technology Crossover Ventures, which has backed vacation rental company Airbnb, exercise equipment maker Peloton Interactive and video streaming service Netflix, has returned to the fundraising circuit and is targeting $5.5bn for its latest flagship private-equity...
Banks Ready Sale of $10bn Debt for McAfee Leveraged Buyout

Banks Ready Sale of $10bn Debt for McAfee Leveraged Buyout

Banks are preparing to launch a $10bn jumbo financing backing the leveraged buyout of cybersecurity software maker McAfee, according to people with knowledge of the transaction. An investor group led by Advent International, Permira Advisers and others agreed in...