Latest fundraising values Deliveroo at more than $7bn

Private financing boost for food delivery app ahead of long-awaited stock market debut Deliveroo’s valuation shot up to more than $7bn in a new fundraising, in a sign confidence is growing among the food delivery app’s investors ahead of its long-awaited stock market debut. The new private financing for one of London’s most prominent internet […]

March Capital raises $450m third fund

Santa Monica-based venture growth firm March Capital Partners has closed a new $450 million venture capital fund focused on enterprise software companies. March Capital Fund III is the firm’s largest yet, beating out the $300 million Fund II which closed just under one year ago. Like the majority of March’s investments, the new fund will […]

Neuberger Berman closes fourth co-investment fund above target

Neuberger Berman’s NB Strategic Co-Investment Partners IV (Fund IV) has closed above its target with over USD2.1 billion of commitments. Fund IV will seek to build a diversified portfolio of direct co-investments in buyout and growth equity transactions alongside high quality private equity sponsors. The successful fundraise demonstrates the continued growth of Neuberger Berman’s co-investment […]

KKR closes first Asia Pacific real estate fund at $1.7 billion

U.S.-based investment firm KKR & Co said on Thursday it had closed its first fund targeting real estate investments in Asia Pacific at $1.7 billion. The announcement comes days after KKR closed its inaugural Asia infrastructure fund, as the private equity powerhouse expands its platforms in the region. John Pattar, KKR head of real estate […]

Peterson Search Partners launches new Micro-Cap Buyout Fund I

Peterson Search Partners, a new Peterson Partners strategy dedicated to search funds and micro-private equity, has announced a USD50 million fundraise for Fund I. The fund is mandated to invest USD1 million to USD2 million in talented operators with cash-flowing businesses. “Our investment philosophy at Peterson Partners is to help great people build great businesses,” […]

Patron Capital raises €844m for pan-European property fund

Patron Capital, the pan-European institutional investor focused on property-backed investments, has raised €844 million ($1.038 billion) for its Patron Capital, L.P. VI (Fund VI) fund, including approximately €128 million ($157 million) of co-investment capital. Of the total €844 million raised for Fund VI, 83% came from Patron’s existing investor base and existing relationships, with the […]

GSK Velu-backed Stakeboat Capital rolls out second fund

Mid-market private equity firm Stakeboat Capital on Tuesday said it has launched its second fund that seeks to raise Rs 1,000 crore ($136 million). The second fund will continue to invest growth equity in small and medium enterprises (SMEs) in the form of control and buyout transactions, said Stakeboat in a statement. VCCircle had reported […]

Curve closes USD95m Series C fundraising

Curve, a London-based fintech that combines multiple cards and accounts into one smart card and app, has secured USD95 million from a group of international investors as part of a successful Series C round. Curve will deploy the investment to expand internationally, including to the US, and to deepen its European reach. Curve will also […]

KKR Raises $3.9 Billion in Biggest Asia Infrastructure Fund

KKR and employees contribute $300 million to new fund. Firm boosted target from $3 billion, stopped raising at cap. KKR & Co. raised $3.9 billion for its first Asia-Pacific infrastructure fund, amassing the largest pool of cash in the region for investments in everything from waste management and renewable energy to communication towers. In the […]

PE-backed Parag Milk Foods to raise debt funding from IFC

Parag Milk Foods Ltd, the dairy and value-added products manufacturer that offers brands including the Go brand of cheese, will get debt funding from the World Bank’s International Finance Corporation (IFC). In a disclosure, the development finance institution (DFI) said its board has approved an investment of up to $41 million (Rs 302.6 crore) in […]