Accel-KKR closes fifth fund since beginning of 2019

Accel-KKR closes fifth fund since beginning of 2019

Technology-focused private equity firm Accel-KKR has closed its latest fund, Accel-KKR Emerging Buyout Partners LP at USD640 million, bringing Accel-KKR’s total assets under management to over USD10 billion. “Despite the less-than-ideal conditions imposed by the...
Distressed debt investors still await rich pickings from pandemic

Distressed debt investors still await rich pickings from pandemic

A dozen years on from the collapse of Lehman Brothers, some of its remaining creditors received word that a payment would be coming their way. The announcement last month that holders of two “enhanced capital advantaged preferred securities” issued by Lehman with a...
Nordic Capital Said to Explore $1B trading exit

Nordic Capital Said to Explore $1B trading exit

Itiviti’s technology is used by investment banks that are benefiting from a surge in equity volatility amid the coronavirus pandemic. Its products include the NYFIX order routing network, which connects more than 1,600 brokerages and fund managers, according to its...
SoftBank-Backed GetYourGuide Sells $134 Million Convertible Loan

SoftBank-Backed GetYourGuide Sells $134 Million Convertible Loan

GetYourGuide Deutschland GmbH, a booking startup backed by SoftBank Group Corp., has raised 114 million euros ($134 million) via a convertible loan, after the pandemic continues to disrupt the travel industry. The investment was lead by private equity firm Searchlight...