illimity closes illimity Credit & Corporate Turnaround Fund

illimity SGR has completed the first closing of the illimity Credit & Corporate Turnaround Fund (iCCT), a contribution fund dedicated to investments in Unlikely To Pay (UTP) loans to SMEs with revival and relaunch prospects. The initial portfolio consists of loans for a gross total of over EUR200 million made to 33 companies operating in […]

Alpian secures USD18m Series B Funding

The new digital financial services company Alpian SA (Alpian), incubated by the Swiss banking group REYL & Cie Ltd (REYL), has announced a successful Series B funding worth around USD18 million (CHF16.9 million). The fundraising follows the Series A round in 2020 in which CHF12.2 million was raised. With its integrated offering of both banking […]

VSS’s Endo1 secures USD115m in debt financing

VSS Capital Partners’ (VSS) platform investment Endo1 Partners (Endo1) has secured USD115 million in debt financing to support its growth trajectory and continued expansion as fast-growing Endodontic Partnership Organization (EPO). Houston, Texas-headquartered Endo1 provides non-clinical administrative support for affiliated, independent endodontic practices across 10 states in the US. The new debt financing will further accelerate […]

KKR Closes US$15 Billion Asian Fund IV

Leading global investment firm KKR today announced the final close of KKR Asian Fund IV (the “Fund”), a US$15 billion fund focused on investments in private equity transactions across the Asia Pacific region. KKR will be investing approximately US$1.3 billion in capital alongside fund investors through the Firm and its employees’ commitments. “Over the last […]

Buyout firm Genstar raises over $10 bln for tenth midmarket fund

Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund.The announcement comes less than two years after the buyout firm raked in $7 billion for its ninth fund. U.S. private equity fundraising dropped to $203.2 billion in 2020 […]

Tiger Global just closed one of the biggest venture funds ever, with $6.7 billion

If you watch funding announcements as we do, you may have noticed something this year. There are a lot of mega-rounds coming together, and Tiger Global is involved in a notable number of them, often as the round’s co-lead. Just this week alone, half a dozen companies have announced rounds that the New York-based investing […]

Vision Ridge Partners closes third Sustainable Asset Fund at USD1.25bn hard cap

Vision Ridge Partners, an alternative asset manager focused on sustainable real assets, has closed its USD1.25 billion Sustainable Asset Fund III (Fund III). The Fund held its final close just four-and-a-half months after commencing fundraising. Fund III initially targeted USD1 billion of commitments and drew interest beyond the USD1.25 billion hard cap “The speed, size […]

Maven leads GBP1.5m funding round in Boiler Plan

Maven Capital Partners (Maven) has led a GBP1.5 million investment in Boiler Plan (UK) Ltd (Boiler Plan), an online platform that sells, installs and services boilers across the UK. The transaction includes a GBP500,000 investment from the North East Development Capital Fund, supported by the European Regional Development Fund and GBP250,000 investment from NPIF Maven […]

General Atlantic Eyes $5 Billion for Latest Growth Equity Fund

General Atlantic is seeking to raise $5 billion for its fourth flagship fund to invest in growth equity deals as it increases its bet on a long-held strategy that’s now sparking interest from more traditional buyout players. The firm, which has backed big-tech companies including Uber Technologies Inc. and Airbnb Inc., has already gathered $3 billion for the fund […]

Vinci Partners holds BRL1bn final close for Impact and Return Private Equity Strategy

Vinci Partners Investments, the controlling company of an alternative investment platform in Brazil, has held the final closing of Vinci Impacto e Retorno IV (VIR IV), the impact family of funds managed by the Vinci Partners’ Private Equity segment. The fund was formally closed at the Hard Cap of BRL1 billion. This fundraise represents additional […]