KKR seeks $15 billion for flagship North America buyout fund
KKR & Co Inc aims to attract at least $15 billion for its flagship North America private equity fund, which would make it the second largest amount raised for a fund managed by the U.S. firm, people familiar with the matter said on Thursday. Buyout firms are seeking to tap cheap and plentiful financing for […]
Dr Martens makes £3.7bn market debut
Dr Martens stomped on to the stock market this morning with a £3.7 billion debut that values the business at more than ten times the amount its private equity owners paid six years ago, boosting hopes for the rush of listings that are waiting to follow. The boot maker, which has been revered by punks […]
SESAMm closes Series B investment round with The Carlyle Group and NewAlpha Asset Management
SESAMm, a provider of analytics and artificial intelligence solutions for investment professionals and enterprises, has concluded a Series B funding round for over EUR7.5 million led by the Fintech VC fund of NewAlpha Asset Management and global investment firm The Carlyle Group. The investment is intended to accelerate SESAMm’s global growth, allowing it to acquire […]
Pioneer Point Partners achieves first close for EUR500m sustainable infrastructure fund
Pioneer Point Partners (Pioneer), a specialist infrastructure investment firm, has held the EUR150 million first close target of its maiden institutional fund, Pioneer Infrastructure Partners SCSp. The first close has been supported by five European and North American institutions. The Fund is seeking to raise total capital commitments of EUR500 million and is targeting a […]
TCV closes TCV XI at USD4bn
TCV has closed TCV XI, its largest fund to date at USD4 billion. TCV turned 25 in 2020. Over our first quarter-century, the firm has invested more than USD14 billion, guided 65 companies through IPOs and executed 64 strategic sales. “Over a quarter century, Netflix has gone from an outrageous idea to one of the […]
Cordiant Capital to launch £300 million digital infrastructure investment trust
Cordiant Capital has targeted a £300m raise for a digital infrastructure investment trust, as it looks to “capitalise on the surging growth in data consumption and traffic”. The investment manager will look to issue up to 300 million ordinary shares at 100p each through an initial placing and offer for subscription. Subscription shares will be […]
Gauge Capital closes Gauge Capital III at USD800m
Gauge Capital (Gauge), a middle market private equity firm, has closed its third fund with an oversubscribed first and final close of USD800 million in commitments. The Gauge Capital team is the largest investor in the fund and represents over 25 per cent of the committed capital. Ropes & Gray LLP served as counsel. Gauge […]
Northstar Capital, LLC Announces Successful Raise of $500 Million for Parallel Fund Strategy
Northstar Capital, LLC (“Northstar”), a dedicated financing partner to private equity sponsors focused on the lower middle market, is pleased to announce the final close of its parallel fund strategy comprised of Northstar Mezzanine Partners VII L.P. (NMP VII) and Northstar Mezzanine Partners SBIC L.P. (NMP SBIC). Together, NMP VII and NMP SBIC provide Northstar […]
Eurazeo raises record EUR2.8bn in 2020
The Eurazeo group raised EUR2.8 billion from its investor partners across 2020, an increase of 18 per cent compared with 2019. Amid a volatile context caused by the Covid-19 crisis, this strong performance provides further vindication of Eurazeo’s strategy of diversification. The Group remains a leading investor in private markets and one of the few […]
British startup BlackCurve secures GBP1m of new funding in over-subscribed round
BlackCurve, a pricing optimisation company, has closed a GBP1 million funding round, led by Chairman, Martin Fincham, with participation from Nauta Capital, The Cambridge Angels Network and other prominent Angels, members of the ScaleUp Group and then bolstered by a matching contribution from the UK Government’s Future Fund. Founded in 2016, BlackCurve’s pricing optimisation platform […]
