Vanguard Launches Second Private Equity Fund
The new fund launch comes one year after the introduction of Vanguard’s first private equity fund Vanguard has launched its second private equity fund based on the strong investor demand it saw for its first, which, according to the company, recently closed at nearly double its target size. Vanguard did not disclose the size of […]
Peloton Equity Closes Fund With $152 Million
Peloton Equity has announced it has closed its second fund, Peloton Equity II, with about $152 million in limited partner and general partner commitments Peloton, based in Greenwich, is a healthcare-focused private equity firm focused exclusively on growth capital investments across a wide range of healthcare sectors. The firm targets companies with $20 million to […]
London Technology Club takes part in TIER’s USD250m fundraise
The London Technology Club (LTC), has invested in TIER, a European provider of micro-mobility solutions, as part of a USD250 million fundraising round Launched in October 2018, TIER has successfully expanded its offer to more than 90 cities across 10 countries worldwide. The investment by LTC members was made through a Special Purpose Vehicle (SPV) […]
Carlyle Inks $4.1 Billion Credit Line Linked to Board Diversity
Carlyle Group Inc. has established a $4.1 billion credit line that ties borrowing costs to how well its portfolio companies achieve board diversity goals. The buyout firm has structured the revolver for its Americas corporate private equity funds, with pricing of the debt depending on whether they meet a previously set target of 30% diverse directors […]
The Biggest Private Equity Firms Are Growing Where the Fees Are
Private equity giants increased their earnings from fees in 2020, as their assets under management rose despite the pandemic. Blackstone Group, Apollo Global Management, KKR & Co, Carlyle Group, and Ares Management Corp. — the five largest publicly-traded private equity firms in the U.S. — each expanded their stream of fee-related earnings last year, according […]
YourZooki secures GBP1.6m funding package
Premium liquid supplements specialist YourZooki has secured a GBP1.6 million funding facility with Metro Bank as it looks to accelerate its expansion into North American markets. The new funding comes as revenues trebled in the previous twelve months, with online demand rising 750 per cent during the pandemic. The funding will enable YourZooki to scale […]
Morehouse Alum Paul Judge Announced The Largest Fund By A Black Man, $300M
A new Atlanta-based venture firm is set to invest in female and minority start-ups thanks to the addition of an HBCU graduate. Morehouse College alumnus Paul Judge has joined Panoramic Ventures as its new partner, assisting in its rebranding from BIP Capital. As an HBCU alum, Judge will not only bring great investment ideas and […]
Mainstay Medical Receives US$108M Equity Financing
Mainstay Medical Holdings, a Dublin, Ireland-based medical device company focused on commercializing an innovative implantable restorative neurostimulation system for people with disabling mechanical Chronic Low Back Pain, closed an equity financing of US$108m The round was co-led by new investors Ally Bridge Group and Sofinnova Partners, through its Crossover Fund, and also included a large, […]
Apollo Closes on $2.34 Billion in Commitments for Apollo Accord Fund IV
Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) today announced that it has closed on approximately $2.34 billion in commitments for its dislocated credit offering, Apollo Accord Fund IV (“Fund IV”), bringing total assets raised for the commingled Accord strategy to $4.1 billion over the last ten months. […]
Nordea’s ESG-focused Emerging STARS Bond strategy secures USD550m Velliv allocation
Nordea Asset Management (NAM) – a specialist in sustainable and responsible investing – has received an allocation in excess of USD550 million into its Emerging STARS Bond strategy The investment came from Danish pension provider Velliv. Nordea’s Emerging STARS Bond strategy is an actively managed emerging market debt portfolio, which primarily invests in hard currency […]
