BioGeneration Ventures (BGV), a leading early-stage VC in European biopharma, announces the closing of its fourth fund, BGV IV, at €105 million ($119 million). Strong market interest expediated the fund raise, with the commitments to date exceeding the fund’s original...
Carlyle Group Inc. bought a business that sells harsh chemical cleaning products to put streak-free shines on kitchen appliances and swiftly remove dried paint. Then private-equity executives set about changing the products and even the office lightbulbs. Now the...
Bondholders of struggling airline Virgin Australia have made a last-ditch bid to keep the company out of the hands of private equity firms bidding for the beleaguered business. Virgin Australia entered voluntary administration in April last month owing almost A$7bn to...
KKR has hauled in more than $10bn for its fourth pan-Asian private equity fund, putting it within a whisker of becoming the biggest-ever PE vehicle raised targeting the region. The firm, which is eyeing up to $12.5bn for Asian Fund IV, has taken just seven months to...
Virgin Australia Holdings Ltd (VAH.AX) bondholders lodged a last-ditch recapitalisation proposal for the struggling airline on Wednesday, seeking to recoup more of their investment and stop its sale to a U.S. private equity firm. The proposal, which would keep... 