by Sebastian | Apr 27, 2021 | News
Boston-based NorthBridge Partners and New York-based Park Madison Partners have announced the final close of NB Partners Fund III, LP, which was oversubscribed at its $500 million hard cap. Investors in the fund included a mix of public and private pensions,...
by Sebastian | Apr 27, 2021 | News
Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115m at a $1.6bn valuation, this morning Brex disclosed a $425m funding led by Tiger Global. The new capital marks Brex’s largest fundraise to date, and was compiled...
by Sebastian | Apr 27, 2021 | News
Carlyle Group Inc is looking to raise $22bn for its eighth flagship private equity fund, Bloomberg News reported on Monday, citing people familiar with the matter. About $2bn would be earmarked for growth and technology-focused companies and will include strategies in...
by Sebastian | Apr 26, 2021 | News
Shares in Tate & Lyle jumped this morning after the firm confirmed that it had put its sweeteners division up for sale after reports it was mulling a break-up of its operations. US private equity giants Apollo Global Management and Cerberus had held talks with...
by Sebastian | Apr 26, 2021 | News
Asset manager Neuberger Berman Group LLC has wrapped up its debut impact fund with nearly $280m in commitments. With its NB Private Equity Impact Fund LP, the firm takes minority stakes in opportunities that focus on quantifiable outcomes in several areas, according...