BlackRock
Many-headed Hydra: Private markets manager consolidation rears its head
Multi-asset managers set to roll-up credit, infrastructure and secondaries players to add strategies for scale
BlackRock buys growth and venture debt provider Kreos
Global asset manager plans to broaden Global Credit business with fresh acquisition
BlackRock mulls new vintage of private capital products for sophisticated retail investors in Europe
Global asset manager explores new generation of private market funds for wealthy individuals banking on positive uptake from retail investors
IPEM 2023: GPs battle fundraising blues on the Côte d'Azur
Sponsors remain broadly optimistic despite fundraise bottlenecks and a growing number of LPs faced with tough choices on manager selection
Adams Street appoints BlackRock's Mioch as Benelux head
Joost Mioch will aim to build the GP's Benelux institutional client and consultant relationships
BlackRock eyes new Secondaries & Liquidity Solutions fund
Strategy makes global mid-market secondaries deals and provides liquidity at GP level
Permira, Blackrock lead USD 312m round for GoCardless
Europe's new tech unicorn reaches a valuation of USD 2.1bn following latest funding round
CD&R forms USD 4bn special-purpose vehicle for Belron stake
CD&R is also selling part of its stake to existing backers, including Hellman & Friedman
H&F, BlackRock, GIC invest in Belron at EUR 21bn EV
Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and an equity value of EUR 17.2bn.
Tencent leads $180m round for Scalable Capital
Existing investors BlackRock, HV Capital and Tengelmann also back the asset management firm
SoftBank leads $500m series-E round for Contentsquare
Latest funding brings Contentsquare's total funding to date to $810m and values it at $2.8bn
Novo, HBM lead CHF 100m round for Numab
New investors in the round include Forbion, which is participating via its Growth Opportunities fund
BlackRock, Temasek launch decarbonisation fund platform
Decarbonization Partners has a fundraising target of $1bn for its first fund, including capital from Temasek and BlackRock
BlackRock joins $100m series-C funding for Exscientia
Company plans to use the financing to expand its portfolio of drugs and grow its artificial intelligence capabilities
VCs in €200m round for Volocopter
New investors in the urban air mobility company include BlackRock and Avala Capital
BlackRock in talks to buy Aquila Heywood for £350m – report
Aquila Heywood is a pensions administration software company that generates revenues of ТЃ32.4m
Nordic Capital-backed Trustly to list before summer – report
According to a press report, Swedish institutions would like the company to remain in Stockholm
BlackRock invests in Clarity AI
BlackRock plans to integrate Clarity AI's capabilities into its investment management platform, Aladdin
BlackRock et al. back Immunocore in $75m series-C
Biotech company has raised $620m in equity and debt since being founded in 2008
BlackRock invests $118m in Arrival at $3.5bn valuation
BlackRock, Hyundai and Kia along with United Parcel Services will hold a minority interest in Arrival
BlackRock, BPI France et al. in $160m series-B for Sendinblue
Latest round brings the total amount raised by the company to nearly $200m
Klarna valued at $10.6bn after $650m round led by Silverlake
Valuation makes it the highest-valued private European and the fourth-highest in the world
BlackRock-backed THG to launch £920m IPO
Following the listing, the online retailer will have a free float of at least 20%
BlackRock et al. back €50m round for Scalable Capital
HV Holtzbrinck and Tengelmann also back the digital asset manager's largest funding round yet