Cerberus Capital Management, L.P. announced today that its middle-market direct lending platform, Cerberus Business Finance, completed the final close of its latest flagship fund, Cerberus Levered Loan Opportunities Fund IV. Fund IV closed with $2.4 billion of equity...
Buyout firm Apax Partners is pitching its second digital fund focused on midmarket technology companies just weeks after collecting $11 billion for its latest main investment pool. London-based Apax is seeking $1.5 billion for Apax Digital II LP and expects to hold a...
CVC Capital Partners is nearing a deal to acquire European over-the-counter drugmaker Cooper for about $2.6 billion, people familiar with the matter said. The private equity firm is negotiating detailed terms of an agreement with Cooper’s owner, Charterhouse Capital...
Private equity firm VMG Partners announced the close of an $850 million fund, VMG Growth Fund V. This brings the San Francisco-based firm’s total assets under management to roughly $2.6 billion. Founded in 2005, VMG has backed some of the biggest CPG brands to date...
Investcorp Holdings has raised about $1bn for its first private equity fund focused on North American assets, according to people familiar the matter. The biggest private equity and alternative asset manager in the Middle East is set to complete a first close on the...