Livingbridge seeks £1.25bn for its seventh fund

Livingbridge seeks £1.25bn for its seventh fund

London-based private equity firm Livingbridge is aiming to raise £1.25bn for its seventh fund, with a hard cap of £1.4bn. This is according to meeting documents prepared for the $30bn Connecticut Retirement Plans and Trust Funds, whose investment advisory council met...
400 Capital Management closes private credit fund at $430m

400 Capital Management closes private credit fund at $430m

400 Capital Management LLC, an alternative credit asset manager specialising in structured credit with over USD4.4 billion of capital under management, has held the final close of its Asset Based Term Fund II (ABTF II) at more than USD430 million, above its USD400...
McLaren seeks up to £500m in possible spac deal

McLaren seeks up to £500m in possible spac deal

McLaren, the British supercar manufacturer, is in talks to raise up to £500m in fresh equity that could pave the way to a listing though a blank-cheque company. According to a report in the Financial Times, the McLaren Group could raise the extra cash through a...