Warburg Pincus explores $2.5bn divestment of Terra Energy Partners
Backed by Kayne Anderson and Warburg Pincus, Terra holds 370,000 net acres that produce approximately 530MMcf/d. Private equity firms Kayne Anderson Capital Advisors, and Warburg Pincus are considering selling Terra Energy Partners for approximately $2.5bn, including debt, reported Reuters, citing people familiar with the matter. In 2016, Terra acquired WPX Energy for nearly $910m. As […]
Blackstone targets $5bn for Asia Private Credit Business
Blackstone Inc. is seeking a tenfold increase of assets in its Asia-Pacific private credit business to tap a market with a growing appetite for such financing. The U.S. alternative asset manager aims to expand its private credit assets to at least $5 billion in the “near term” from the $500 million committed as of the […]
Inflexion makes minority reinvestment in Alcumus
Inflexion has made a minority investment in Alcumus, a UK-based specialist in risk management solutions. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II. Alcumus is the UK market leader in risk management solutions with a growing presence in the large, high growth, North American market. The Cardiff-based business provides […]
British software company Access worth £9bn as Singapore takes stake
A Loughborough-based software company is close to becoming more valuable than Sage Group, the FTSE-100 technology champion, as it finalises a deal to sell a stake to a Singaporean state investment fund. Sky News has learnt that The Access Group, which was founded in 1991, is in advanced talks about a transaction that will value […]
Super Funds expected to move above $185bn in private equity investments by 2025
A 2020 forecast for Australian super funds lifting their private equity investments from $80 billion to $185 billion 2025 is conservative judging by recent moves in the sector. Australian Prudential Regulation Authority (APRA) shows $30 billion flowed into private equity in the year to December 2021 as equity market returns softened and fixed income returns […]
PE investments in data centres grow fivefold YoY, reach $2.2 bn
An increase in digitization of businesses coupled with rising demand for localization of data has catapulted the quantum of private equity investments in Indian data centres by more than 5 times. As of January 2022, the country has witnessed a 5.5 times year-on-year growth in PE investments in data centres, to $2.2 billion from $396 million (in 2020), according […]
Credo Capital and Fortress lead £300m Series A investment in Bloom
Capital provider Bloom Group has secured £300 million in a Series A finding round led Credo Capital Partners and funds managed by Fortress Investment Group LLC (Fortress), making the company the highest-funded, revenue-based lending business in Europe. The financing will drive the company’s ambition to become Europe’s leading provider of capital to digital entrepreneurs. The […]
Global mutual fund investors may offload $350bn worth of equities in 2022
Barclays estimates that global mutual funds investors may offload equities worth a further $350bn this year, unless fear of recession declines, according to a report by Reuters. Investors have been selling equities because of rising inflation. This has forced economies to increase interest rates. According to Barclays, equity outflows made up an average of 2.6% […]
Madison International Realty invests in $3bn Cologix recap
Real estate private equity firm Madison International Realty has invested in the recapitalisation of Cologix, one of North America’s leading network-neutral interconnection and hyperscale edge data centre companies. Madison’s investment is part of a total $3 billion recapitalisation led by Stonepeak, an alternative investment firm specialising in infrastructure and real assets. The total transaction represents […]
Andreessen Horowitz bets on crypto ‘golden era’ with new $4.5bn fund
Venture capital group launches its largest fund to date focused on digital assets despite market downturn Andreessen Horowitz has launched a $4.5bn cryptocurrency fund, making its biggest bet yet on the future of blockchain technology despite the market crash. The Silicon Valley-based venture capital group said on Wednesday that it would allocate about $1.5bn to […]
