by Sebastian | Jul 20, 2023 | News
CVC is pleased to announce the successful close of CVC Capital Partners IX (“Fund IX”) at €26 billion, exceeding its €25bn target. Its predecessor, CVC Capital Partners VIII, was raised in 2020 and closed at € 22.3bn. CVC launched Fund IX in January 2023 and has...
by Sebastian | Jul 20, 2023 | News
China’s Farizon, a maker of electric and hybrid trucks which is owned by automaker Geely, has raised $600m in a Series-A funding round, the company said in a statement. The Hangzhou-based company, which produces and markets hybrid and pure electric commercial...
by Sebastian | Jul 20, 2023 | News
Onex Corp. is seeking $750m for a new fund dedicated to transportation investments, people familiar with the matter said, a test of its ability to raise money in a tough climate for private equity. The Toronto-based firm has hired eight people for the fund, led by Wes...
by Sebastian | Jul 20, 2023 | News
New fund for Alpine doubles the size of predecessor fund in 2021 a Certified B Corp people-driven private equity firm committed to building enduring software and services companies, announced today the completion of fundraising for Alpine Investors IX (“Fund IX”),...
by Sebastian | Jul 20, 2023 | News
Private equity specialist investment manager Bain Capital has raised a $1.15 billion fund targeted at deployment into opportunities in the insurance and reinsurance space. Reuters was first to report that Bain Capital raised more funds than initially targeted for the...