Francisco Partners tops 2020 HEC-DowJones Private Equity Performance Ranking
Francisco Partners has been named the top-performing firm in the 2020 HEC-DowJones Private Equity Performance Ranking. The San Francisco-headquartered tech specialist came top out of 529 private equity (PE) firms analysed, delivering an aggregate performance that was 2.40 standard deviations above the average. Genstar Capital Partners, and Vitruvian Partners were ranked second and third, respectively. […]
Pantheon promotes four to partner
Pantheon has made for new partner promotions: Petra Bukovec (Investment, London), Jérôme Duthu-Bengtzon (Investment, London), Dinesh Ramasamy (Investment, San Francisco) and Kara Zanger (Legal & Compliance, New York). Bukovec is a member of Pantheon’s Secondaries team, while Duthu-Bengtzon and Ramasamy are members of Pantheon’s Infrastructure & Real Assets team. Zanger is Global Head of Legal. […]
Optician Mister Spex Is Said to Eye German IPO This Year
Berenberg, Jefferies picked as global coordinators for listing. Mister Spex targets Frankfurt exchange for IPO in first half. Mister Spex, one of Germany’s largest online eyewear retailers, is joining a growing list of German companies preparing for initial public offerings this year, according to people familiar with the matter. Berlin-based Mister Spex has picked Berenberg […]
Biden’s Wall Street backers face new threat from Warren
Democratic lawmakers are poised to crack down on the private equity industry. Private equity firms went all out for Joe Biden in the 2020 election, giving his campaign six times more money than they donated to President Donald Trump. That’s not going to do them much good with progressive Democrats in Congress. Democratic lawmakers are […]
London Private Equity Fund Loses Ruling on Racism, Fraud Claims
A private equity fund backed by families in Hong Kong and Qatar lost a bid to keep claims of fraud, racism and anti-Semitism away from public scrutiny. London-based Queensgate Investments LLP wanted to hold further court proceedings in private. But Judge James Tayler said the upcoming hearing should be in public, saying investors and others […]
Bain Capital Contributes $100,000 to UP Education Network’s Campaign to Solve Digital Inequity
UP Education Network, a nonprofit organization that partners with school districts, parents and staff to significantly improve formerly struggling Massachusetts schools, today announced that Bain Capital has contributed $100,000 to strengthen digital equity for all UP scholars. The contribution will provide UP Education Network’s students across five schools with devices, adequate internet access, and more […]
Why Big Tech regulation is good for private equity, according to one CEO
Increased scrutiny of Big Tech’s power may have some shareholders sweating it. But not so for private investors. With a new Biden administration and recent threats to crack down on some of the biggest tech behemoths (from Facebook to Amazon), there seems to be support for more regulation. And according to alternative investment manager Hamilton […]
LendingPoint Secures $125 Million Growth Investment From Global Private Equity Firm Warburg Pincus
LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to access money at fair rates, and empowering consumers to build financial momentum. “[LendingPoint] uses […]
King Street Properties and The Carlyle Group sell 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million
Framingham, MA King Street Properties and The Carlyle Group completed the sale of 33 New York Ave. and 1 & 5 Mountain Rd. to Oxford Properties Group for $151 million. In 2018, King Street and Carlyle purchased the 91,452 s/f building at 33 New York Ave. and expanded the building to 113,527 s/f. King Street performed […]
H.I.G. Realty Invests in Production Studios & Content Hub in Madrid
H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $43 billion of equity capital under management, announced today that one of its affiliates has invested in Madrid Content City, an approximately 140,000 square meter hub with state of the art audio-visual facilities, including production studios, production & post-production technical facilities, and a university […]
