Former senior dealmakers at Bank of America Corp. and Carlyle Group Inc. are backing a special purpose acquisition company that’s seeking $300 million to acquire businesses in the consumer sector. Woody Boueiz, ex-head of sovereign wealth funds at Bank of America, and...
PE investors expect a ‘U-shaped’ recovery, according to ‘Covid-19 and the world of private equity: optimism in an uncertain environment’, a survey released today by audit firm Mazars, that gauges investor sentiment in the institutional funding market. While the...
Pathway Capital Management has announced that it has closed on $1 billion for Pathway Co-investment Partners Fund V (“PCPF V”), a custom co-investment fund for a U.S.-based institutional investor. PCPF V will focus on identifying and investing in co-investment...
Banner Ridge Partners is prepping its next secondary fund a little more than a year after collecting $550 million for its debut fund. Banner Ridge’s new secondary fund is targeting $600 million, according to people familiar with the matter. However, the firm could...
Private equity firm Lindsay Goldberg has reached an agreement to acquire the North American business of Switzerland-based Aryzta AG for $850 million. Aryzta North America provides bread, sweet and savory baked foods, and snacks to customers in the quick-service... 