AJ Capital Seeking $300 Million to Expand, Pay Debt on Hotels
AJ Capital Partners is seeking a strategic partner to supply growth capital and pay down property level debt for Graduate Hotels, a lodging brand focused on serving college campuses. AJ Capital is seeking as much as $300 million in a combination of debt and equity, according to people familiar with the matter. The firm has […]
Astia launches USD100m VC fund with gender focus
Astia has launched a USD100m early-stage venture fund aimed at addressing the disparity in funding for companies that include women in founding or executive roles. Astia Fund is led by an investment from Mastercard and will invest globally in high-growth companies that have at least one woman in an executive, equity-holding position. Last year, Astia […]
Kohlberg & Co. Banks $3.4 Billion for Ninth Fund
Kohlberg & Company, L.L.C. (“Kohlberg”), a private equity firm specializing in middle market investing, announced today the final closing of its ninth private equity fund, Kohlberg Investors IX, L.P. (“Fund IX”) with $3.4 billion in total commitments. “We are grateful to our longtime investors for their continued support, and are pleased to welcome an august […]
SoftBank looks to raise about $550 million through two more SPACs
Two blank-check firms backed by SoftBank Group Corp are aiming to raise a total of about $550 million in their initial public offerings, regulatory filings showed on Friday. Special purpose acquisition company (SPAC) SVF Investment Corp 2 said it would sell 20 million units, comprising shares and warrants, priced at $10 apiece in its IPO. […]
Asian Buyout Firm TR Capital Raises $350 Million for Fourth Fund
Asian secondary private equity firm TR Capital has raised $350 million for its fourth fund amid increasing investment opportunities in the region, particularly in China. The TR Capital Fund IV was significantly oversubscribed and has attracted sovereign and pension funds as well as family offices and other asset managers across Asia, Europe and North America, […]
Arch Venture Partners raises $1.85bn for biggest fund yet, less than a year after closing $1.46bn predecessor
Biotech investment specialist Arch Venture Partners has hit a $1.85bn final close for its eleventh flagship fundraise, less than a year after hauling in almost $1.5bn for its predecessor vehicle. Arch said it would invest Fund XI in early stage biotech companies working in areas including infectious disease, mental health, immunology, oncology and neurology, as […]
Catalio Capital Management launches Credit Opportunities strategy
Catalio Capital Management (Catalio), a multi-strategy life sciences investment firm, has launched a Credit Opportunities strategy to expand the scope of the firm’s investments across the biomedical technology industry and meet the growing demand for non-dilutive growth capital within the sector. The Catalio Credit Opportunities strategy seeks to provide senior-secured structured credit to breakthrough biomedical […]
PSG closes debut European fund at EUR1.25bn hard cap
PSG, a growth equity firm partnering with lower middle-market software and technology-enabled service companies, has closed PSG Europe, the firm’s debut Europe-focused fund, with EUR1.25 billion in limited third-party partner commitments. The fund, which was oversubscribed, received commitments from existing and new PSG investors, including state pension funds, sovereign wealth funds, family offices and high […]
TCV closes record $4B fund to invest in High-Tech and e-commerce
The pandemic has spelled economic setbacks for many people and industries, but the capital swirling about the technology world continues to roar along. In the latest development, TCV — the storied venture capital firm behind the likes of Airbnb, Spotify, Peloton and Facebook — has closed a record $4 billion for its latest fund. This is not […]
Lauxera’s debut European healthtech growth fund raises approximately EUR100m at first closing
Lauxera Capital Partners, a newly created, international healthcare investment firm, announces that it has raised approximately EUR100 million for the first closing of Lauxera Growth I, its debut European HealthTech growth/buyout vehicle. Despite Covid-19-related travel restrictions, the fund met this key fundraising milestone less than six months after launch. International institutional investors, strategics, and renowned […]
