Oak Hill Closes Fifth Fund at $3.8 Billion

Oak Hill Closes Fifth Fund at $3.8 Billion

Oak Hill Capital today announced that it has successfully closed Oak Hill Capital Partners V, a ~$3.8 billion private equity fund. OHCP V was significantly oversubscribed, surpassing its target of $3.0 billion and exceeding Oak Hill Capital Partners IV by over 40%....
SPACs face increasing hurdles in race to get deals done

SPACs face increasing hurdles in race to get deals done

An exclusive club of SPACs backed by private equity, venture capital and hedge fund titans may have a New Year’s resolution: Deploy tens of billions of dollars, upend the conventional IPO and deliver huge returns with modest risk. And they have less than two...
Chinese Healthtech Firm DXY Raises $500M from Trustbridge, Tencent

Chinese Healthtech Firm DXY Raises $500M from Trustbridge, Tencent

Chinese digital healthcare technology firm DXY has raised $500 million financing led by Trustbridge Partners and backed by Tencent Investment and GL Ventures, according to an announcement. With the fresh funding, DXY will strengthen collaboration with professional...
Blackstone-backed PE firm prepares to go public

Blackstone-backed PE firm prepares to go public

Patria Investments, a Latin America-focused investor that has been partially owned by Blackstone for the past decade, is setting the table for a seldom-seen event: A public offering for a private equity firm. Patria has filed to go public on the Nasdaq, a move that...