ICG closes fund dedicated to GP-led secondaries at $5bn

ICG closes fund dedicated to GP-led secondaries at $5bn

ICG has held the final close of the ICG Strategic Equity IV fund, which is focused on GP-led secondaries, at over $5bn in capital commitments, according to a report by Secondaries Investor. The report cites unnamed sources as revealing that the fund reached final...
Ara Partners Acquires Genera Committing Up to an Additional $200m

Ara Partners Acquires Genera Committing Up to an Additional $200m

Ara Partners, a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Genera Energy, a manufacturer of non-wood agricultural pulp and molded fiber products. Ara has also committed up to an additional $200...
End of Easy Money Era Raises the Risk of Deals Dying in Europe

End of Easy Money Era Raises the Risk of Deals Dying in Europe

Europe’s dealmakers are finding it harder to secure the most important component of their takeovers: the money. After more than a decade of freely-available financing, rocky markets are making banks less willing to lend for big mergers and acquisitions. This has cast...
L Catterton to Sell Various Asia Interests for $360m

L Catterton to Sell Various Asia Interests for $360m

Private equity company L Catterton will sell minority interests in some of its portfolio investments in Asia to accounts managed by Hamilton Lane and other institutional investors for $360m. The transaction covers companies in sectors that include beauty and personal...