Tiger Global, Sequoia co-lead $15 mn round in SaaS firm Toplyne
Toplyne Labs Pte. Ltd, which runs software-as-a-service (SaaS) platform Toplyne, on Tuesday said it has raised $15 million (around Rs 115 crore) in its series A funding round co-led by Tiger Global and Sequoia Capital India. Toplyne claims to analyse complex patterns in large volumes of product-usage data to identify users and accounts who have […]
Aquiline raises $365M fund for fintech venture investments
Aquiline Capital Partners has closed on $365 million to invest in fintech startups through the second iteration of its venture fund, Aquiline Technology Growth (ATG) Fund II. The funding nearly doubles the capital the team has to deploy from the previous fund, ATG I, and comes in above the firm’s $300 million target. Read more: Axios
BlackRock Seeks Up to $4 Billion for New Private Credit Fund
The world’s largest asset manager is looking to raise about $4 billion for the latest vintage of its Global Credit Opportunities fund, as the market for private credit instruments swells to more than $1 trillion. BlackRock has already raised about $2 billion — half of the targeted amount — for the new private credit fund, […]
KPMG UK partners with Acceleris to launch VC fundraising and advisory business
Professional services firm KPMG UK signed an agreement to form a joint venture with Venture Capital (VC) advisory firm Acceleris. Through the joint venture, called KPMG Acceleris, the firms will deliver a range of fundraising and advisory services to entrepreneurs in the UK and internationally, with a particular focus on businesses in technology, life sciences […]
SwanCap closes Swan V above target at over €400mm
SwanCap has held the final close of its latest private equity opportunities Fund (Swan V), which was oversubscribed with aggregated commitments in excess of €400 million. The Fund received strong support from a large number of existing investors as well as a wide range of new investors internationally. The LP base of Swan V includes […]
Indian startups raise $9.2bn VC funding in Q1 2022, says GlobalData research
A total of 505 venture capital (VC) funding deals were announced in India during Q1 2022 while the disclosed funding value of these deals stood at $9.2 billion, according to GlobalData. VC funding volume, which registered a decline in February 2022 compared to the previous month, rebounded in March. However, VC funding value showcased month […]
TPG Closes Rise Climate Fund at $7.3 Billion
TPG, a leading global alternative asset management firm, today announced the $7.3 billion final close of TPG Rise Climate, the dedicated climate investing strategy of its global impact investing platform TPG Rise. With the final close, TPG Rise Climate reaches its hard cap, bringing together a unique blend of capital from some of the world’s […]
Monroe Capital closes on $4.8bn of direct lending funds
Monroe Capital (Monroe) has held the final close of its 2022 Monroe Capital Private Credit Fund IV (Fund) with $4.8 billion of investable capital, including targeted fund leverage and separately managed accounts investing alongside the fund. The fund has limited partner commitments with over 300 investors in 17 countries. The fund primarily targets private equity […]
Coral Tree Partners closes inaugural fund at $470m
Coral Tree Management (Coral Tree), an investment firm focused on partnering with growth-oriented businesses within the media, entertainment, communications, and related business services sectors, has held the final close of its first fund, Coral Tree Partners, with total committed capital of approximately $470 million. The Fund was significantly oversubscribed above its original hard cap and […]
Elliott Seeks Over $2 Billion War Chest for Private Equity Deals
Paul Singer’s Elliott Investment Management LP is in talks to raise more than $2 billion to boost its leveraged-buyout efforts, according to people with knowledge of the matter. Elliott’s private equity affiliate, known as Evergreen Coast Capital, has been involved in some of the year’s largest transactions. In March, it teamed up with Brookfield Asset […]
