Ares hands back control of company it seized from Novalpina buyout fund
Private markets group reaches ‘mutually agreeable resolution’ over French drugmaker Laboratoire XO Ares Management is to hand back control of a French drugmaker it seized from the crisis-hit €1bn private equity fund that owns spyware maker NSO Group, paving the way for a sale that could return cash to investors. The US private markets giant […]
Bain eyes small step-up in size for sixth Europe fund
Bain Capital is targeting 11% more for its latest European buyout fund, a conservative step-up compared with many of its peers. The Boston-headquartered private equity manager has set a hard-cap of €5bn for Bain Capital Europe Fund VI, according to a presentation before the board of the New Mexico State Investment Council on Tuesday. This […]
KKR veteran hunts for India’s Next Startup Stars with new fund
Sanjay Nayar, a KKR Co. adviser in India, is setting up his own venture fund targeting early-stage startups at a time when some of the country’s most-celebrated tech firms are suffering from tanking valuations. Sorin Investment Management, whose name comes from Romanian word for sun, has raised $125 million from investors including family offices of […]
Trustar Capital eyes mammoth $3.5bn China buyout fund
Trustar Capital, formerly known as CITIC Capital Partners, is said to be eyeing $3.5bn for its fifth China buyout fund. If successful, it will add another 25% to the already massive $2.8bn predecessor fund IV. The firm is also looking to raise $250m for a debut growth vehicle, according to AVCJ. Trustar, the affiliate of […]
PGIM Investments launches third ESG bond fund
Firm continues to build ESG product suite with a focus on flagship fixed income mutual funds PGIM Investments continues to expand its suite of actively managed fixed income ESG funds with the launch of the PGIM ESG Short Duration Multi-Sector Bond Fund. The new fund is the third ESG mutual fund offered by PGIM Investments, […]
Andreessen Horowitz bets on crypto ‘golden era’ with new $4.5bn fund
Venture capital group launches its largest fund to date focused on digital assets despite market downturn Andreessen Horowitz has launched a $4.5bn cryptocurrency fund, making its biggest bet yet on the future of blockchain technology despite the market crash. The Silicon Valley-based venture capital group said on Wednesday that it would allocate about $1.5bn to […]
Pantheon passes $2.4bn in private debt secondaries as flagship fund closes at $834m
Global private markets investor Pantheon has held the final close of Pantheon Senior Debt II USD (PSD II), its flagship global fund dedicated to senior private debt secondary investment opportunities, with $834 million in capital commitments, substantially in excess of the initial target of $500 million. With this close Pantheon’s total capital dedicated to private […]
AXA, Unilever, and Tikehau Capital team up to launch EUR1 billion impact fund to accelerate regenerative agriculture transition
Global insurance and asset management group AXA, consumer goods giant Unilever, and alternative investment manager Tikehau Capital have joined forces to launch a private equity impact fund dedicated to investing in projects and companies supporting the regenerative agriculture transition. The three partners, who aim to invest EUR100 million each in a fund that has a […]
Zolar closes €100m Series C led by EIP and GIC
Zolar, Germany’s leading digital solar platform, has raised €100 million in a Series C round led by the US-investor Energy Impact Partners (EIP) and GIC, Singapore’s sovereign wealth fund. Existing investors including Inven Capital, Heartcore Capital, Statkraft Ventures and Pirate Impact Capital also participated in the round. With the investment zolar will roll out new […]
Generation launches $1.7bn Sustainable Solutions Fund IV
Generation Investment Management, a pure-play sustainable investment manager with over $36 billion of assets under management, today announced the launch of its $1.7 billion Sustainable Solutions Fund IV. The new fund continues the firm’s commitment to invest globally in companies and teams driving the sustainable future. Sustainable Solutions Fund IV is Generation’s fourth and largest […]
