KKR Moves to ‘Democratize’ Private Equity as SEC Signals Industry Scrutiny
The private equity giant has invested in iCapital, which will offer individual investors access to KKR’s strategies. KKR & Co. is deepening private equity inroads into the world of individual investors. KKR, co-founded by Henry Kravis in 1976, announced Wednesday that it has invested in iCapital Network and that accredited investors on the fintech platform […]
TeamViewer acquires U.S. augmented reality software firm Upskill
TeamViewer said on Tuesday it had acquired Upskill, a U.S. company that specialises in augmented reality applications for front-line workers. The deal marks the third takeover by CEO Oliver Steil since TeamViewer, headquartered in Goeppingen, was floated in Sept. 2019 by private equity backer Permira. With the acquisition of Upskill, TeamViewer acquires the ability to […]
ARX Equity Partners acquires Instrumentation Technologies
ARX Equity Partners has is to acquire Instrumentation Technologies (I-Tech). The transaction also includes Red Pitaya, a handheld electronics lab incorporating instruments such as oscilloscopes and signal generators. A market that is currently witnessing large scale adoption among signal processing engineers, hobbyists and students. Rok Ursic, Founder of Instrumentation Technologies, says: “When I founded I-Tech […]
Affiliates of IPI Partners acquire ACDC Holdings
ACDC Holdings (ACDC), the controlling shareholder of SUPERNAP Italia (SUPERNAP), has been acquired by affiliates of IPI Partners (IPI) from affiliates of Accelero Capital Holdings (Accelero Capital). IPI is a private equity firm that invests in data centres and other technology and connectivity-related real assets and is co-sponsored by ICONIQ Capital, LLC and an affiliate […]
Paris Towers Fetch $301 Million as Gulf Firm Bets Big on Europe
Gulf Islamic Investments LLC, a financial services firm that oversees nearly $2 billion, made its largest-ever real estate deal by purchasing a commercial property in Paris as part of what it called rapid investments across Europe. Based in the United Arab Emirates, GII will pay 250 million euros ($301 million) for Altais Towers, comprising two […]
Maverick Real Estate Partners Holds Initial Closing of Sixth Fund with $230 Million,
Maverick Real Estate Partners LLC held the initial closing of Maverick Lien Fund VI LP, with commitments of over $230 million from pension funds, endowments, foundations, and family offices. The Fund’s strategy is to invest in real estate credit opportunities within New York City. “New York City’s population density generates a gravitational force that attracts […]
Britain completes 5 billion pound sale of Bradford & Bingley and NRAM
The British government on Friday completed the 5 billion pound ($6.96 billion) final sale of mortgage lenders Bradford & Bingley and NRAM Limited, which were nationalised in the aftermath of the 2008 financial crisis. The sale was approved following a competitive auction process and will see B&B and NRAM, formerly Northern Rock, sold to a […]
Nomura targets private equity in biggest shakeup since 2010
Nomura Holdings will reorganize its operations in April, creating a new, broader division to replace its asset management and merchant banking teams, Nikkei learned Monday. The overhaul will put control of Nomura Asset Management and other key subsidiaries under the new investment management unit, which will bring together know-how now scattered within the Japanese financial […]
Private equity chiefs get bumper payouts on back of Fed stimulus
Stephen Schwarzman and Leon Black take home nine-figure sums for 2020 — despite faltering economy Private equity executives who rank among the richest men on Wall Street received hundreds of millions of dollars in payouts even as the US economy faltered last year, helped by central bank stimulus that wiped out the investment losses they […]
Pathstone Announces the Addition of Cornerstone Capital Group
Pathstone, an independently operated, partner-owned advisory firm offering families, family offices, and select nonprofit institutions comprehensive family office services and customized investment advice, and Cornerstone Capital Group, today jointly announced that Cornerstone joined Pathstone. “The depth and laser focus of Cornerstone, together with the scale and strength of Pathstone, now creates the preeminent Impact Investment […]
