Infrastructure buyout house Cube IM has held the first close of its third flagship fund on €1bn, reaching 65% of its €1.5bn target. The vehicle is already the firm’s biggest flagship fund to date. Fund III will focus on European brownfield mid-market infrastructure...
SoftBank Group will invest in a $2.5bn private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment. The fund, Liberty Strategic Capital, will be backed by...
Levine Leichtman Capital Partners closed its latest buyout fund, LLCP Lower Middle Market Fund III, at its increased hard cap of $1.38bn, spokesman Mark Semer said in an email. The oversubscribed fund had a fundraising target of $1 billion and an original hard cap of...
Platinum Equity, a Los Angeles-based global private equity firm, agreed to sell PCI Limited, an electronics manufacturing services provider based in Singapore, to Celestica for $306m in cash. The sale is expected to close in mid-fourth quarter of 2021. PCI is a fully...
Blockchain-based fantasy football game Sorare has raised US$680 million in a funding round led by SoftBank, with players including ex-England international Rio Ferdinand and Spain’s Gerard Pique also investing, the company said on Tuesday. Paris-based Sorare... 