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...
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...
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...
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”),...
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... 