Linden and Audax Invest in StatLab Medical Products
Linden Capital Partners and Audax Private Equity have invested in StatLab Medical Products, according to a news release. StatLab, based in McKinney, Texas, is a manufacturer and distributor of consumables, reagents and equipment used by anatomic pathology, molecular diagnostics and other laboratories. Founded in 1976, the company provides more than 5,000 diagnostic products and equipment. […]
KKR closes first Asia Pacific real estate fund at $1.7 billion
U.S.-based investment firm KKR & Co said on Thursday it had closed its first fund targeting real estate investments in Asia Pacific at $1.7 billion. The announcement comes days after KKR closed its inaugural Asia infrastructure fund, as the private equity powerhouse expands its platforms in the region. John Pattar, KKR head of real estate […]
Blackstone’s Aadhar Said to File $1 Billion IPO Prospectus Soon
Housing finance firm plans to file draft prospectus this month. Aadhar is looking to launch public offering in first half. Aadhar Housing Finance Ltd., controlled by Blackstone Group Inc., is planning to file a draft prospectus for its initial public offering in India as soon as this month, according to people familiar with the matter. […]
Ares Management Corporation and Aviation Industry Veterans Announce Launch of Vmo Aircraft Leasing
Vmo Receives Initial Equity Capital Commitment of Approximately $500 Million Ares Management Corporation and aviation industry veterans, including Bob Brown, Sean Sullivan and Will Hudson, announced today the launch of Vmo Aircraft Leasing L.P. A newly-formed company to acquire and lease commercial aircraft. Funds managed by Ares’ Private Equity Group and Vmo management have committed […]
Foresight invests GBP3.5m in IMMJ Systems
Foresight Group, an independent infrastructure and private equity investment manager, has made a GBP3.5 million growth capital investment into IMMJ Systems Limited, a rapidly growing electronic document management solution (EDMS) supplier, with a focus on healthcare. Founded in 2015, by a team experienced in enterprise IT and NHS technology distribution, IMMJ developed MediViewer. This leading […]
Greeting cards company Moonpig eyes 1 billion pound London listing
Online greetings card company Moonpig is planning a London stock market listing that could value the private equity-backed firm at more than one billion pounds ($1.36 billion), sources familiar with the plans said on Tuesday. The company, which operates in Britain as Moonpig and in the Netherlands as Greetz, is targeting net debt of two […]
KKR Raises $3.9 Billion in Biggest Asia Infrastructure Fund
KKR and employees contribute $300 million to new fund. Firm boosted target from $3 billion, stopped raising at cap. KKR & Co. raised $3.9 billion for its first Asia-Pacific infrastructure fund, amassing the largest pool of cash in the region for investments in everything from waste management and renewable energy to communication towers. In the […]
Philippine mobile wallet GCash attracts over $175 mln in fresh capital
MANILA, Jan 11 (Reuters) – Philippine mobile wallet GCash has raised more than $175 million in investment from a New York-based private equity fund, the financial technology arm of Globe Telecom Inc said. GCash operator Globe Fintech Innovations Inc, also known as Mynt, said in a statement it had secured fresh capital from ASP Philippines […]
Global Investor Sixth Street Raises USD 1.2bn For Europe Direct Lending Fund; 25% Oversubscribed
The Fund has a mandate to provide direct lending for middle market and growth companies across Europe. Sixth Street Partners LLC, a San Francisco, California-based global investment firm, announced today the raise of EUR 1.0bn (USD 1.2bn) in total capital commitments for its second Europe direct lending fund, Sixth Street Specialty Lending Europe II LP […]
Silver Lake’s astonishing $18B in 3 months leads list of PE pandemic defiers
For the last 10 years, it has taken an average 15 to 18 months for a private equity fund to close, according to Preqin data. In 2020, a list of private equity firms in North America has shattered those parameters, gathering multibillions of dollars in a few months. “When you have a look at the […]
