HIG Capital makes growth investment in ThoughtFocus
An affiliate of global alternative investment firm HIG Capital (HIG) has completed a growth investment in ThoughtFocus, Inc, a global provider of digital services and technology enabled digital operations focused primarily on the financial services end market. Headquartered in the US and founded in 2004, the Company provides a broad suite of technology services and […]
Apollo was a major buyer in UK pension fund fire sale
Assets under management at the group reached $523bn in the third quarter US-based private capital group Apollo Global was a major buyer of assets sold by UK pension funds during a weeklong liquidity crisis caused by margin calls triggered by surging yields on UK government bonds. Apollo’s Athene annuities business purchased $1.1bn in highly rated […]
Thoma Bravo closes investment in SMA Technologies
Global software and technology investment firm Thoma Bravo has closed a strategic growth investment in SMA Technologies, a provider of automation solutions for the financial services industry. SMA Technologies’ OpCon is a workload automation and orchestration platform for banks, credit unions, insurance companies and other financial services businesses. Raymond James served as financial advisor and […]
Bain Capital sees ‘Golden Age’ for Private Equity in Japan
David Gross-Loh, managing director of private equity at Bain Capital, discusses the firm’s investments in Japan, and the opportunities he sees in other Asian markets. Bain Capital-led group succeeded in its tender offer for Hitachi Metals Ltd., a unit of the Japanese conglomerate. Hitachi Metals announced last year that a consortium led by global private […]
KKR to make $300m investment in UPL
KKR is to invest $300 million for a 13.33% stake in Advanta Enterprises Limited (Advanta), a subsidiary of UPL and a leading global seed company that aims to deliver innovative farming solutions and technology to farmers around the world. KKR will make its investment from its Global Impact strategy, which invests in businesses delivering solutions […]
Lionel Messi launches investment firm targeting Sports and Tech
Soccer superstar Lionel Messi is creating a holding company to invest in sports, media and technology globally. Based in San Francisco, Play Time Sports-Tech HoldCo LLC will be Messi’s main investment vehicle, according to a statement. The company will explore “stage agnostic” opportunities that could include, for example, helping startup founders build football-tech companies or […]
Macroeconomic and geopolitical challenges see Q3 global VC investment dip below $100B, says KPMG report
Global VC investment is likely to continue to fall throughout the final quarter of 2022 as Q3 sees the third consecutive drop in deals and funding value, according to the Q3 2022 edition of Venture Pulse – a quarterly report, published by KPMG Private Enterprise. The report, which analyses key VC deals and trends globally, […]
BlackRock creates Transition Capital unit to tap climate opportunities
BlackRock, the world’s biggest asset manager, has set up a unit called Transition Capital to invest in opportunities linked to the global shift to a low-carbon economy, a memo to staff seen by Reuters showed. BlackRock, which manages around $8 trillion in assets, said Transition Capital would work with portfolio managers and BlackRock’s capital markets […]
KKR to push further into Japan as yen hovers at 32-year low
Buyout group expects Tokyo business reforms to bolster company profits US private equity group KKR plans to boost its exposure to Japan, taking advantage of low corporate valuations and weakness in the yen to increase its investment in the country. The New York-based investor, which manages nearly $500bn in assets including a $15bn Asian private […]
Carlyle credit arm invests $1.5B in Citrix and Nielsen buyout debt
Carlyle Group’s credit arm has invested a combined $1.5bn in the debt of two of the highest profile deals of the year so far, the buyout of Citrix Systems Inc and Nielsen Holdings Plc, according to a report by Bloomberg. The report cites unnamed sources as revealing that Carlyle has invested around $750m in the […]
