New State Capital Partners Fund III closes at USD450m
New State Capital Partners (New State) has closed its third institutional investment fund, New State Capital Partners Fund III with USD450 million in committed capital. The Fund was over-subscribed and closed on schedule at its hard cap in about four months after the official launch. Fund III’s investors are comprised of a diverse and global […]
KKR to list Australian majority-owned pub group seeking $271 mln
KKR is seeking to raise A$352 million ($271.36 million) in the initial public offering of its majority-owned pub group Australia Venue Co. (AVC) The raising will be in exchange for a minority stake in one of Australia’s largest pub companies, in a deal valuing the group at A$903 million, according the document sent to investors […]
CVS Health launches USD100m venture fund
CVS Health has launched CVS Health Ventures, a dedicated corporate venture capital fund that will invest in and partner with high-potential, early-stage companies focused on making health care more accessible, affordable, and simpler. The fund will initially launch with USD100 million allocated for investments and will focus on companies with the potential for technology-enabled innovation […]
Wasabi Secures USD112m in Series C Financing
Wasabi, the hot cloud storage company, has secured USD112 million in Series C funding led by Fidelity Management & Research Company with participation from existing investors. The round follows Wasabi’s USD27.5 million in debt financing announced in January. The C round brings Wasabi’s total equity financing to USD219 million. Proceeds from this funding will be […]
Vista Equity Lays Out Plans to Raise New Flagship Fund
Private equity firm Vista Equity Partners has notified investors it’s planning to raise a new flagship fund later this year, according to people with knowledge of the matter. The firm, led by billionaire Robert F. Smith, has yet to set a target for the fund, the people said, asking not to be identified because the […]
CAPZA closes its unitranche fund CAPZA 5 Private Debt at EUR1.6bn
CAPZA has held the final closing of its CAPZA 5 Private Debt fund above its target with an investment capacity of EUR1.6 billion, exceeding the final closing of the previous fund (EUR950 million). This fifth vintage will finance SMEs with an EBITDA of more than EUR12 million through unitranche and mezzanine debt mainly in France, […]
AUA Private Equity Closes Oversubscribed Second Fund at $310 Million
AUA Private Equity Partners, LLC (“AUA Private Equity” or the “Firm”), a leading consumer private equity firm focused on investing in Hispanic-oriented companies and/or family-owned businesses seeking liquidity or transition is pleased to announce the final closing of AUA Private Equity Fund II, LP and its parallel funds (collectively, “Fund II”) with total capital commitments […]
Polish VC investment fund Freya Capital joins PFR Starter programme
Freya Capital a venture capital fund that aims to provide investment support to early-stage companies has been added to the latest edition of the Polish Development Fund (PFR) Starter programme. The total capitalisation of Freya Capital is PLN64 million. Freya Capital was established by a team of experienced entrepreneurs – Hubert Anyżewski, Zbigniew Barwicz, Jan […]
NB Partners Fund III closes at USD500m hard cap
Boston-based NorthBridge Partners (NorthBridge) and New York-based Park Madison Partners have announced the final close of NB Partners Fund III, LP (Fund III), which was oversusbcribed at its USD500 million hard cap. Investors in the fund included a mix of public and private pensions, foundations, asset managers, family offices, and high net worth individuals. NorthBridge […]
eSalesHub raise GBP1.65m in Series A round backed by Maven and Northern Powerhouse
eSalesHub, a Yorkshire tech firm analysing big data using AI to optimise clients marketing spend, has secured a GBP1.65 million funding round from NPIF – Maven Equity Finance, part of the Northern Powerhouse Investment Fund (NPIF) and managed by Maven Capital Partners (Maven). The NPIF – Maven Equity Fund invested GBP1.35 million, alongside the GBP300,000 […]
