Private equity firm Bridgepoint surges 21% in London debut
Shares in private equity firm Bridgepoint surged on Wednesday, their first day of trading in London, rising well above the 350 pence per share price set for the initial public offering. At 0711 GMT, Bridgepoint shares were trading at 423 pence, up 21% on the day. The 350 pence-per-share price tag gave the group an […]
Shore Capital Partners total AUM surpasses $2bn
Shore Capital Partners (Shore), a strategic private equity firm focused on microcap investing in the healthcare, food and beverage, business services, and real estate industries, with offices in Chicago and Nashville, has announced the first and only closings of its fourth institutional healthcare private equity fund, Shore Capital Healthcare Partners Fund IV (HC Fund IV), […]
Revolut worth $33B as European valuations continue to soar
Revolut has hit a $33 billion valuation with its $800 million Series E, making the challenger bank the UK’s most valuable venture-backed company as prices for European fintech startups surge to record heights. Revolut is now worth six times as much as its previous valuation of around $5.5 billion, reached a year ago. Its soaring […]
Partners Group reports total AuM of $119bn as of 30 June 2021
Partners Group, a leading global private markets firm, received $12.1 billion in new commitments from its global client base in H1 2021 (H1 2020: $8.3 billion), bringing the firm’s total AuM to $118.9 billion as of 30 June 2021 (31 December 2020: $109.1 billion). During the same period, the firm committed $13.1 billion to transformational […]
Revolut valued at $33bn to become UK’s biggest-ever private tech group
Revolut, the London-based digital banking start-up, has raised $800m in a funding round that makes it the UK’s most valuable private tech company of all time. The deal, led by SoftBank’s Vision Fund 2 and Tiger Global Management, values the six-year-old company at $33bn (£23.9bn), six times more than at its last fundraising in early […]
Vista Equity Partners Expands Leadership with Seasoned Private Equity Executive
Industry Veteran Shelby Wanstrath to Lead Corporate Growth Initiatives to Accelerate New Product Development and Strategic Partnerships Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it is expanding its senior team with the appointment of Shelby Wanstrath as Managing Director, Corporate Growth […]
Private Equity Follows the Money—and the Money Is Ditching Fossil Fuels
The buyout industry has long been a major backer of fossil-fuel deals. Now it’s rolling out new green asset funds at a record clip in a bid to lure the institutional money flocking to climate-friendly investments. Today’s private equity shops—including the world’s largest alternative asset manager, Blackstone Group Inc.—are pouring capital into fast-growing sectors such […]
UK life sciences on the cusp of a golden age with GBP1.6bn raised in just three months
New data from the BioIndustry Association (BIA) and Clarivate shows that the UK’s biotech and life sciences sector is on the cusp of a golden age driven by strong demand from global investors for UK innovation, with GBP1.56 billion invested in the last quarter (March 2021 – May 2021). This is the highest total amount […]
Private equity keen to make more big plays in Ireland
An appetite for investment in Ireland has grown, with deals valued at €900m being struck in the first quarter of 2021 UDG Healthcare came closer to slipping into the hands of private equity last week after key shareholders said they would back an improved offer that values the Dublin-based FTSE 250 company at £2.8 billion […]
Private equity group Bridgepoint set for £2bn London listing
Firm that has backed Itsu and Burger King’s UK arm is planning to raise £300m in stock market float Bridgepoint, the private equity group behind the restaurant group Itsu, online cycling specialist Wiggle and the UK arm of Burger King, is planning to raise £300m with a stock market flotation in London. The listing, expected […]
