United States
Wellington eyes late-stage growth opportunities with new USD 2.6bn fund
GP seeks to address capital needs pre-IPO or sale and anticipates a diverse portfolio for fourth fund
Arma intensifies US acquisition talks with Mediobanca backing
Deal to acquire its first US peer could come as soon as next year
TA Associates waltzes to USD 16.5bn fundraise
Seven-month raise for the US-based sponsor’s fifteenth vehicle bucks fundraising woes faced elsewhere
Investec acquires majority interest in corporate finance firm Capitalmind
Transaction will see the advisory firms fully integrating their M&A and corporate finance teams
Alcentra revives direct lending push with multi-billion fundraising drive
Direct lender registered its fourth European fund in Luxembourg in January 2021
EQT on track for 2023 final close for Fund X
GP has so far raised more than EUR 16bn for the vehicle against EUR 20bn target
Dyal raises USD 12.9bn for new fund with CVC, PAI stakes in portfolio
Blue Owl’s division exceeded target for fifth fund specialised in buying minority stakes in asset managers
Hamilton Lane raises USD 2.1bn for fifth co-investment fund
Close comes at a time when challenging credit and fundraising markets are increasing GPs’ need for strategic capital sources
Thoma Bravo raises USD 32.4bn across three strategies
Fundraising includes USD 24.3bn for ‘largest technology buyout fund ever raised’ Fund XV
Motive bolsters VC arm with embedded/capital acquisition
Recently created practice supported by USD 200m fund gets a foothold in Berlin
Insight Partners leads USD 94m Series C for Enable
Oversubscribed fundraise brings rebate management platform’s total funding to USD 156m
BVCA Summit: PEs take long-term view to ride out uncertainty
Unquote reports on discussions around ESG, continuation funds and PE democratisation at last week’s event
YFM reaps 4x-plus return in Springboard sale to US trade
Acquisition of footfall data analytics group will expand MRI Software’s retail solutions offering
NB Renaissance, Chequers to exit Biolchim to trade
US conglomerate J.M. Huber has agreed to buy the Italian specialty fertilizers producer
Summa opens North American office
Three existing partners will lead the California office, which is the GP’s first beyond Europe
Riverside Europe exits Brookson to PE-backed People2.0
Sale to TPG-backed staffing platform marks the fifth exit for Riverside Europe this year
Hg bolsters team with promotions and new hires
GP has promoted three to partner and fills newly created role, head of talen
Lincoln hires three for financial services team
London-based Antoine Dupont-Madinier and Max Cornu-Thenard have joined from Panmure Gordon
PSG eyes second European fund
PSG Europe II has a EUR 2.5bn target; its predecessor closed on its EUR 1.25bn hard-cap in 2021
BlackRock eyes new Secondaries & Liquidity Solutions fund
Strategy makes global mid-market secondaries deals and provides liquidity at GP level
Blackstone Growth leads EUR 500m round for Relex Solutions
Finland-based software company was valued at EUR 5bn in latest fundraise
Motive, CPP Investments in USD 1.4bn equity raise for FNZ
The deal values the London-based wealth management platform at more than USD 20bn
Nuveen closes impact fund on USD 218m
GP could return to market for Fund II in 2022 or early 2023 given current deployment opportunities
Värde announces three partner promotions
Alternative investment firm has promoted Jim Dunbar, Aneek Mamik and Carlos Sanz Esteve to partner