Calculus Capital delivers 6x return with ActiveOps listing
Calculus Capital portfolio company ActiveOps has completed a successful Initial Public Offering on the Alternative Investment Market, generating an impressive 6x return for Calculus EIS investors. ActiveOps has placed 45 million shares with institutional investors, raising gross proceeds of £76 million for selling shareholders, including Calculus Capital. The placing price of 168 pence values the […]
AeroFarms to Go Public in $1.2 Billion Spring Valley SPAC Deal
AeroFarms, the vertical farming company, agreed to go public through a merger with blank-check firm Spring Valley Acquisition Corp. The deal with the special purpose acquisition company gives the combined entity an equity value of about $1.2 billion, the companies said in a statement Friday, confirming an earlier Bloomberg News report. It will be led […]
Riverside Partners Closes $532 Million Continuation Fund, Led by Neuberger Berman
Riverside Partners, a Boston-based, middle market private equity firm, announced the closing of a new Continuation Fund, led by funds advised by Neuberger Berman, a private, independent, employee-owned investment manager. The Continuation Fund and related vehicles are comprised of $532 million in capital commitments. The Continuation Fund was formed to provide fresh capital for add-on acquisitions for the […]
Global investors value China’s Ant Group at over $200 billion
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring. Warburg Pincus LLC valued Ant at slightly over $200 billion at year-end based […]
Exclusive: Blackstone seeks $4 billion for Tactical Opportunities fund – sources
Blackstone Group Inc, the world’s largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset classes, according to people familiar with the matter. It is the fourth such fund to be raised by the New York-based firm. Dubbed Blackstone […]
CD&R hauls in $16bn for latest flagship following most active investment year
The latest vehicle is 60% larger than its predecessor, which raised $10bn including GP commitment in 2017 US buyout stalwart Clayton, Dublier & Rice has amassed around $16 billion for its latest flagship vehicle after returning to the fundraising trail early last year. The firm exceeded the $13 billion target for Clayton, Dublier & Rice […]
Ex-NBA Star Chris Webber, JW Asset Launch $100 Million Cannabis Fund
Former NBA All-Star player Chris Webber is launching a private-equity fund with $100 million in assets to support entrepreneurs from minority groups in the cannabis industry. Webber will join forces with JW Asset Management, an active investor in the sector, to provide entrepreneurs of color with resources in areas including research and development, retail licensing and […]
Peterson Search Partners launches new Micro-Cap Buyout Fund I
Peterson Search Partners, a new Peterson Partners strategy dedicated to search funds and micro-private equity, has announced a USD50 million fundraise for Fund I. The fund is mandated to invest USD1 million to USD2 million in talented operators with cash-flowing businesses. “Our investment philosophy at Peterson Partners is to help great people build great businesses,” […]
Appian raises $775m for its second private equity mining fund
London-based firm taps interest in hard assets in rare foray by a financial group into sector. London-based private equity group Appian Capital Advisory has raised $775m for its second mining fund, as it taps into a wave of investor interest in hard assets and efforts to combat climate change. After a decade in the wilderness, […]
