Blackstone selects global head of ESG for private equity

Amisha Parekh was named managing director and global head of ESG for private equity at alternative manager Blackstone. It is a new position, Blackstone spokeswoman Emilie Stanton said in an email Thursday. Ms. Parekh, who joined the firm’s portfolio operations group Monday, leads private equity-related ESG due diligence, policy development and strategy and reports to […]

Thomas H Lee Partners to acquire automation business from Brooks Automation in USD3bn cash deal

Thomas H Lee Partners, a private equity firm investing in growth companies, is to acquire Brooks Automation’s (Brooks) Semiconductor Solutions Group business (or automation business) in a transaction valued at USD3 billion. The transaction is expected to close in the first half of calendar year 2022 upon satisfaction of customary closing conditions and regulatory approvals. This […]

Vista Equity Partners adds three industry veterans to value creation team

Vista Equity Partners (Vista), a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced it has expanded its value creation and operational leadership team. The firm has named three industry veterans as senior operating leaders: Craig Hayman, Operating Advisor for Vista’s Flagship Fund; Angela Pecoraro, Operating Managing Director who will […]

Audax Private Equity acquires GCX Mounting Solutions

Audax Private Equity (Audax) has acquired a majority stake in GCX Mounting Solutions. Terms of the transaction have not been disclosed. Based in Petaluma, California, GCX is special in the design and manufacturing of healthcare-focused, mission-critical equipment mounting and mobility solutions, including branded-arms, mounts, and roll stands. Products are engineered for reliability and quality and […]

Platinum Equity Purchases Petmate

Platinum Equity has acquired Petmate, a maker of pet products sold through a wide range of retail partners. Headquartered in Arlington, Texas, Petmate manufactures, sources and markets a diverse product line that includes plastic and wire pet kennels, dog houses, toys, food storage, bedding, treats and chews, and other pet-related products and accessories. “Petmate has been a […]

Allianz raises €500m so far for first global private debt fund

Allianz Global Investors has held a first close for its Global Diversified Private Debt  fund (AGDPDF), after raising €500m from investors. The strategy, which will invest and co-invest with private debt fund managers globally, has a target of €1.5bn. Previously, the asset manager has invested in private debt on behalf of Allianz’s insurance companies. In […]

Inveniam closes USD25m Series A round led by Apex Group

Inveniam Capital Partners, is to close its USD25 million Series-A round this month with lead investments from global financial services provider, Apex Group, K20 Fund, Dev.Pro, and Global Blockchain Ventures. Inveniam Capital Partners’ software platform,™, is the operating system for real asset data in the rapidly developing decentralised market. “The use of blockchain to transmit […]

Private Equity Firm Antin, Holders Seek $650M in Paris IPO

Private equity firm Antin Infrastructure Partners SA and its founders are looking to raise 550 million euros ($650 million) in an initial public offering in Paris amid a flurry of alternative asset manager listings. The firm, which invests in everything from fiber-optic networks to water utilities, is raising about 350 million euros selling new shares, while existing shareholders […]

KLAR Partners funds invest in Oleter Group

Funds advised by KLAR Partners Limited (KLAR Partners) have invested in Oleter Group, a Property damage restoration (PDR) provider in the Nordic region. KLAR has invested as a growth partner alongside the existing owners and management with the objective of developing the company into a provider of PDR services in Northern Europe. Oleter Group consists […]

Private securities marketplace Forge Global to go public via $2 billion SPAC deal

Forge Global Inc, a marketplace that allows people to trade in shares of private companies, will go public through a merger with a blank-check firm valuing the combined company at $2 billion. The deal with Motive Capital Corp, announced on Monday, includes $68.5 million in funding from ION Group, Singapore state investor Temasek and Adit […]