India’s Adani in talks with investors to raise $10B
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10bn to fund its expansion into clean energy, ports and cement businesses. Adani Group will invest more than $100bn over the next decade, most of it in the energy transition business, […]
Vista co-founder targeting $3B for second Haveli fund
Brian Sheth, the former president of Vista Equity Partners, is targeting a $3 billion fundraise for a new software-focused private equity fund, the second from his new firm Haveli Investments, according to a report by Bloomberg. The report cites unnamed sources as revealing that formal fundraising for the new vehicle, a follow-up to the Texas-based […]
Tiger Global plans scaled-down $6B fund to back enterprise companies and Indian start-ups
Tiger Global is targeting $6 billion for new fund that will look to invest in invest in startups, “largely in enterprise themes and in India”, according to a report by The Financial Times. The report cites a letter sent to limited partners as revealing that fundraising for the new fund – Private Investment Partners Fund […]
TPG anchors $450m series E funding round in energy storage systems developer Form Energy
TPG Rise, the global impact investing platform of private equity giant TPG, has anchored a $450 million series E financing round in energy storage systems developer Form Energy Inc. Also joining the Series E round are GIC and Canada Pension Plan Investment Board (CPP Investments), along with existing investors ArcelorMittal, Breakthrough Energy Ventures (BEV), Capricorn […]
Stafford Capital Partners launches new seeded open-ended direct lending and speciality finance fund
Stafford Capital Partners (Stafford), an international private markets investment and advisory group, has launched Stafford Private Credit Income Opportunities Fund (CIO), a new open-ended direct lending and speciality finance fund. CIO will invest in both lower middle market senior secured direct lending and speciality finance opportunities primarily in Europe and North America. The new fund […]
Antin holds first close of Flagship Fund V with more than €5B in commitments
Antin Infrastructure Partners has held a first close for its fifth flagship fund, its largest to date, raising more than €5 billion to invest in infrastructure opportunities. Antin expects to hold a second closing before year-end. With a target of €10 billion and hard cap set at €12 billion, Flagship Fund V will continue to […]
Bank of America invests in Coyote Ventures Fund I
Coyote Ventures, a venture firm focused on early-stage women’s health and wellness startups, has secured an LP investment from Bank of America. Bank of America is the largest institutional investor in the fund and follows previous investments from The Case for Her and Tripple Family Office. Led by General Partner Jessica Karr, Coyote Ventures has […]
Private equity funds approach Italy’s Serie A to explore media rights deal
Apax Partners, Three Hills Capital Partners, Carlyle Group and Searchlight Capital have approached Serie A expressing interest in investing in the media business of Italy’s top flight soccer league The approach by the four private equity firms comes after Serie A last year failed to reach a media rights deal worth €1.7bn with a group […]
Apollo’s $3.9 Billion Brightspeed LBO debt is finding few takers
A group of banks led by Bank of America Corp. and Barclays Plc are struggling to attract investors for a roughly $3.9 billion debt financing package to help fund a buyout by Apollo Global Management Inc., potentially forcing them to fork over the cash themselves. In the latest blow for Wall Street lenders since the […]
Neuberger Berman to launch European private loans commingled fund
Neuberger Berman, a private, independent, employee-owned investment manager is expanding its private loan offering with the launch of the Neuberger Berman European Private Loans Fund II. The Dublin-domiciled fund will give institutional investors access to select non-sponsored, EUR denominated, high-quality, three to 10 year private loans diversified across EU jurisdiction and industry. These regional banks […]
