TCV has closed TCV XI, its largest fund to date at USD4 billion. TCV turned 25 in 2020. Over our first quarter-century, the firm has invested more than USD14 billion, guided 65 companies through IPOs and executed 64 strategic sales. “Over a quarter century,...
L Catterton, the $20 billion private equity firm co-founded by LVMH, has lodged confidential filings to launch a special purpose acquisition company that aims to raise about $250 million for targets in Asia, according to people familiar with the matter. L Catterton...
Investors were allocating to private equity and venture capital funds in record volumes, banking on their perceived stability and expected continuing high returns. But when the COVID cloud moved in, the bright stars of PE and VC dimmed. Will they go completely dark? ...
The National Basketball Association (NBA) has moved closer to a framework for allowing private equity investors to own minority stakes in multiple franchises, according to a report by Sportico. Basketball league’s board sets limit at 20% stake per institutional...
BGF backed 61 new companies in 2020 whilst continuing to actively support its portfolio. Total investment totals GBP384 million, which includes GBP262 million into new portfolio companies and GBP122 million into existing portfolio companies. Notwithstanding the global...
