Louisiana State Employees (LASERS) allocates $125m to GTCR’s buyout fund
The Louisiana State Employees’ Retirement System (LASERS) has just committed up to $125 million to GTCR Fund XIV, a buyout fund managed by GTCR, the Chicago-based private equity firm focused on business & consumer services, financial services & technology, healthcare & technology, and media & telecommunications sectors. A report by Pensions & Investments Online cites […]
EQT Infrastructure acquires Madison Energy Investments
Private investment firm EQT’s EQT Infrastructure VI fund (EQT Infrastructure) is to acquire Madison Energy Investments (MEI) from affiliates of Stonepeak Partners LP (Stonepeak). With the acquisition of MEI, EQT Infrastructure VI will be 0-5 per cent invested based on its target fund size of €20 billion (aprox. US$21 billion) The transaction is subject to […]
Carlyle lets investors cash out to boost latest buyout pool
Investors in Carlyle’s $18.5bn seventh main fund can sell stakes to secondary investors including Partners Group to prompt investments in the firm’s eighth buyout megafund Carlyle Group aims to boost commitments to its latest main buyout fund by helping investors in a predecessor vehicle cash out while asking buyers of those stakes to back the […]
Private equity giant KKR to buy Japan’s Bushu Pharmaceuticals
Private equity giant KKR & Co Inc said on Tuesday it will buy Japanese drug developer Bushu Pharmaceuticals from Hong Kong-based private equity firm BPEA EQT, but did not disclose financial details of the deal. KKR said in a press statement it aims to expand Bushu Pharma into new as well as growth segments such […]
BlackRock Bucks Bets on Plunging Inflation
BlackRock sticks to call for inflation-linked debt, IG credit Long-dated yields reflect too much optimism on rates: Thiel BlackRock Inc. strategists say traders that have started to bet on a sharp slowdown in inflation are setting themselves up for disappointment. While they acknowledge that prices pressures are ebbing faster than expected, they contest consensus bets that see […]
Warburg Pincus acquires K2 Insurance Services from Lee Equity Partners
Warburg Pincus has acquired K2 Insurance Services (K2), a speciality insurance programme manager, from private equity firm Lee Equity Partners (Lee Equity), according to a report by Captive Insurance Times The report cites a statement issued by K2 as saying that Warburg Pincus will now support the firm’s continued growth strategy, including mergers and acquisitions. […]
Inflexion’s Phenna valued at over £1B through sale to Oakley Capital
Inflexion has scored a strong exit of testing and inspection business Phenna through a £1bn-plus sale to fellow private equity investor Oakley Capital. The sale comes less than two years after Inflexion picked up Phenna through its £1bn Partnership Capital II fund, which is dedicated to minority investments. The sale is the first exit for […]
Moonfare launches API; provides fintechs with an effortless way to access top private equity funds
Moonfare’s newly-launched software interface allows investment platforms and other fintechs to diversify their product offering with alternative assets, unlocking all-new revenue streams. Moonfare’s direct API integration gives partners the opportunity to tap into the growing group of wealthier individual investors who seek exposure to private equity, venture capital and other highly sought-after alternative strategies. Moonfare […]
Cinven holds final close of inaugural Strategic Financials Fund at €1.5B
International private equity firm, Cinven, has held the final close of its inaugural Strategic Financials Fund (SFF) with €1.5 billion of total capital commitments. The SFF builds on Cinven’s leading financial services investment platform in Europe with an investment strategy focused on areas where Cinven has developed significant investment expertise, such as life and non-life […]
Silver Lake nears 1 Billion-Euro deal for EQT’s Facile.it
Silver Lake, the technology-focused private equity firm, is nearing a deal to acquire Italian price-comparison website Facile.it, people with knowledge of the matter said. Silver Lake is in advanced negotiations on terms of a deal with Facile.it’s owner, EQT AB, after beating out rival buyout firms, the people said. The transaction could value Facile.it at […]
