Investors backing tech in a pandemic must balance risk and reward

Investors backing tech in a pandemic must balance risk and reward

You would think the pandemic might have made the rich a bit more cautious with their money. After all, even if the stock market has staged a remarkable rally since its spring plunge, economic prospects are still overshadowed by Covid-19. Well, that is not the view of...
Lead Edge Capital Raises $950 Million

Lead Edge Capital Raises $950 Million

Lead Edge Capital, a technology focused growth stage investment fund, today announced the closing of Lead Edge Capital V. Fund V was oversubscribed and closed at its hard cap, with $950 million of commitments from over 500 existing and new limited partners. The...
Siemens in talks with buyout groups over Flender business

Siemens in talks with buyout groups over Flender business

Siemens is in talks with Triton and other buyout groups to sell its $1.8-$2.4 bln transmissions maker Flender, people close to the matter said, part of the industrial conglomerate’s plans to streamline its operations.  Siemens has asked Triton, Carlyle, CVC and...
Triton closes second debt fund at €744m

Triton closes second debt fund at €744m

European private equity firm Triton Partners has amassed €744m at the final close of its latest debt fund, surpassing its initial €550m target. The vehicle, Triton Debt Opportunities II, was launched in 2018 and it is considerably larger than its predecessor, which...