BlackRock Real Assets acquires IGIS Private Equity
BlackRock Real Assets, an affiliate of the world’s largest asset manager, said Thursday it has acquired a 100-percent stake in IGIS Private Equity, which has been rebranded as the Korea Renewable Energy Development & Operation (KREDO) Holdings. This is BlackRock Real Assets’ first investment in Korea’s offshore wind sector through its latest Global Renewable Power […]
Partners Group, CVC Team Up to Rival Celanese for CeramTec
Buyout firms Partners Group Holding AG and CVC Capital Partners have teamed up against chemicals company Celanese Corp. in the bidding for German technical-ceramics maker CeramTec GmbH, according to people familiar with the matter. Owner BC Partners has called for next-round bids around July 19 and is seeking a valuation of at least 4 billion […]
SoftBank Vision Fund invests $1.7 bln in S.Korean travel firm Yanolja
SoftBank’s Vision Fund has invested $1.7 billion in Yanolja, the South Korean travel and leisure firm said on Thursday, as it seeks to build on rapid pandemic-induced growth in Southeast Asia, India and Africa. Yanolja, which provides cloud-based booking and other systems for hotels and travel companies, says demand for its systems has jumped as […]
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 […]
PGIM Private Capital provides nearly $6.5bn in first half of 2021
PGIM Private Capital provided nearly $6.5 billion of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past decade, as markets across the globe begin to move beyond the pandemic. PGIM Private Capital is a […]
Apex Group secures additional equity investment from Carlyle and Mubadala
Global investment firm Carlyle and sovereign investor Mubadala Investment Company (Mubadala) have taken minority stakes in Apex Group (Apex), a global financial services provider backed by Genstar Capital (Genstar). The investment is further endorsement of Apex’s sustainable growth strategy, which will be delivered through continued organic growth and the successful integration of recent acquisitions. Carlyle […]
Kempen to launch second European private equity fund
Kempen Capital Management (Kempen) is to launch the Kempen European Private Equity Fund II, which will focus on small and medium-sized private enterprises in Northern and Western Europe with an enterprise value of up to EUR100 million. The Kempen European Private Equity Fund II is a closed-end investment fund with a term of approximately 10 […]
Private Equity Firm Sets Industry’s First Big London IPO in Decades
Private equity firm Bridgepoint’s London IPO could value the company at as much as £2.9bn, in the first major UK listing for the industry in decades. The buyout group, which has around €27.4bn of assets under management across equity and debt funds, is looking to raise up to £789m when it lists on the London […]
Tikehau Capital strengthens partnership with Augmentum Fintech
Augmentum Fintech, the UK’s only publicly listed investment company focusing on the fintech sector, and Tikehau Capital, the global alternative asset manager, have announced an enhanced partnership to promote further growth in the burgeoning European fintech sector. Covid-19 has been a catalyst for many fintech companies with an increasing demand from both consumers and businesses […]
Pitalia Capital launches with GBP50m fund
John Davies has joined Pitalia Capital to launch a new investment fund in response to increased demand for capital and support from small to mid-sized businesses across the UK. The firm, which is part of the Pitalia group of companies and funded by entrepreneur Anil Pitalia, will seek to invest across a diverse portfolio of […]
