Greensill and Apollo in talks about multibillion dollar financing deal
Sky News has learnt that Apollo Global Management is among a number of parties in discussions with Greensill Capital, a London-based firm set up by Lex Greensill a decade ago, about a multibillion dollar deal. City sources said this weekend that the talks with Apollo primarily related to the acquisition of assets created by Greensill, […]
Alta Partners Raises $275 Million NextGen Fund III
Alta Partners, a leading early-stage healthcare investment firm, held the first and final closing of Alta Partners NextGen Fund III, L.P. today. Fund III was oversubscribed and has total capital of $275 million. The Alta team will continue its successful strategy of investing in curative, breakthrough therapeutics and technology-enabled healthcare services. Alta Partners raised NextGen […]
Activist Elliott Seeks $1.5 Billion in Two Blank-Check Listings
Activist investor Elliott Management Corp. filed on Friday to set up two special purpose acquisition companies raising a combined $1.5 billion. Elliott Opportunity I Corp. is seeking to raise $1 billion, while Elliott Opportunity II Corp. is targeting $500 million, documents filed with the U.S. Securities and Exchange Commission show. Both of the blank-check firms […]
Savant Growth Launches New Private Equity Fund for Bootstrapped
Savant Growth, a new, data-driven private equity firm, has had its first and final close of its inaugural fund, Savant Growth Fund I, to provide founder-led, SaaS companies with the active partnership, proprietary technology, and expansion capital needed to scale their businesses. “Today, with the rapid pace of change, businesses that leverage Applied AI and […]
Ariel Investments and JPMorgan to invest in minority-owned companies
Ariel Investments, the asset manager founded by value investor John Rogers, is joining JPMorgan Chase in a strategic initiative aimed at turning minority-owned businesses into multibillion-dollar companies. The fund will be the first for a private equity arm being launched by the asset manager, called Ariel Alternatives. Acting as a co-investor, JPMorgan is making a […]
Grip raises USD13m in funding round led by Kennet Partners
Market engagement platform for virtual and in-person events, Grip, has announced USD13 million (USD) in series A funding, taking its total amount raised to USD14.5 million The round, led by London-based growth equity fund Kennet Partners, will further enable Grip to provide industry-leading experiences both in-person and virtually. Founded in 2016, Grip has transformed the […]
Cambridge spinout CGD raises USD9.5m in Series A funding
Cambridge GaN Devices (CGD) has raised USD9.5 million in Series A funding. The investment was co-led by IQ Capital, Parkwalk Advisors and BGF, and includes investment from Foresight Williams, Cambridge Enterprise, Martlet Capital, Cambridge Angels and Cambridge Capital Group The funding will be used by CGD to expand its product portfolio of energy-efficient power devices […]
Vanguard Launches Second Private Equity Fund
The new fund launch comes one year after the introduction of Vanguard’s first private equity fund Vanguard has launched its second private equity fund based on the strong investor demand it saw for its first, which, according to the company, recently closed at nearly double its target size. Vanguard did not disclose the size of […]
Peloton Equity Closes Fund With $152 Million
Peloton Equity has announced it has closed its second fund, Peloton Equity II, with about $152 million in limited partner and general partner commitments Peloton, based in Greenwich, is a healthcare-focused private equity firm focused exclusively on growth capital investments across a wide range of healthcare sectors. The firm targets companies with $20 million to […]
Novacap raises record $1.865bn for TMT VI
Canadian private equity firm Novacap has closed the Novacap TMT VI at $1.865 billion, making it the largest fund raised by the firm to date. The total includes significant commitments from Novacap’s partners and employees as well as from the Novacap Executive Fund. Virtually all investors in the firm’s TMT V vehicle committed to TMT […]
