Riverside Company makes Outsolve investment
The Riverside Company, a global private investor focused on middle market business valued at up to $400 million, has invested in OutSolve, a provider of outsourced labour and employment compliance solutions. In addition to pursuing organic growth through building scale in areas such as pay equity, DE&I and ESG, Riverside plans to continue the company’s […]
Financial Services Capital expands Investor Relations function
Financial services specialist private equity firm appoints Geraldine Kieren 17 October 2022 – Financial Services Capital LLP (“FSC”), the private equity investor dedicated to the European financial services sector, has appointed Geraldine Kieren as Vice President, Investor Relations. Geraldine joins from Aksia, where she was a Portfolio Advisor on Private Markets, supporting the firm’s efforts […]
Top Gun producer Skydance valued at $4B after KKR-led investment
Cash injection of $400mn for studio behind ‘Top Gun: Maverick’ defies gloom in public entertainment groups Skydance Media, the Hollywood production company behind the blockbuster Top Gun: Maverick, has received a cash injection of $400mn led by KKR. The investment, which also included existing shareholders the Ellison family, RedBird Capital Partners and Tencent, gives Skydance a […]
Blackstone to make $500m strategic investment in Resolution Life
Private equity giant Blackstone is to make a $500 million strategic investment in Resolution Life as part of a wider plan that will see the global life and annuity insurance consolidation business raise $3 billion in new equity capital commitments. The additional funding, which will bring the company’s overall equity capital base to more than […]
Blackstone unveils mammoth new London HQ
Blackstone, the world’s largest alternative asset manager, announced that it has reached an agreement to establish a newly constructed, purpose-built European headquarters located in its long-term London home, Berkeley Square. Recent significant European investments include Bourne Leisure, Mileway Logistics, Sage Homes and Esdec Solar. The decision to fully lease what will be one of London’s […]
Brookfield to invest up to $1B to build plants that turn captured carbon into fuels & products
Carbon capture and transformation (CCT) company LanzaTech announced today a funding partnership with clean energy investor Brookfield Renewable, aimed at financing the development of commercial scale production plants for the transformation of carbon into materials such as sustainable fuels, fabrics, packaging. Under the new partnership, Brookfield will invest an initial $500 million for the construction […]
Morgan Stanley sees 12% CAGR for private capital market over next five years
Private capital market is set to grow at a 12% annual rate on a compounded basis to $17 trillion in assets under management (AUM) over the next five years, Morgan Stanley analysts said. As one of the highest-returning asset classes in past years, the market stands at about $10 trillion, representing about 9% of global […]
Private capital AUM set to double to over $18tn in next five years
Global private capital assets under management is expected to almost double to $18.3tn by the end of 2027 as investors continue to seek alternative sources of returns in an uncertain economic environment. Research from Preqin revealed the impressive rise, a huge increase on the $9.3tn recorded at the end of 2021. Venture capital is forecast […]
Vista exits AGDATA after eight years to Levine Leichtman Capital Partners
Levine Leichtman Capital Partners has bought agribusiness workflow and data services provider AGDATA from Vista Equity Partners. AGDATA is the second platform investment by LLCP Lower Middle Market Fund III, which it closed on its increased hard cap of $1.38bn last year. Vista was almost halfway to its $20bn target for its latest flagship buyout fundraise […]
German football reopens its door to private equity
Bundesliga in talks with buyout firms about multibillion-euro investment as it seeks to catch up with rivals Germany’s Bundesliga has revived talks with buyout groups over a multibillion-euro investment, as the need to close the gap to wealthier football leagues forces clubs to review their resistance to the private equity industry. Over the past three […]
