AustralianSuper tips another $13b into private equity investments
AustralianSuper will invest another $13 billion in private equity over the next two years, with the lion’s share targeting United States-based deals, in a bid to jump-start returns through the super fund’s unlisted assets. Of the fresh investment, $9.5 billion will be ploughed into US private equity deals in the healthcare, technology, industrials, consumer and […]
KKR, BlackRock get approval to invest in Chinese funds overseas
KKR and BlackRock have received Chinese regulatory approvals allowing their newly formed local units to raise funds for investing overseas, official filings showed. The approvals are the biggest of their kind so far this year and signal that Beijing is forging ahead with opening its financial markets to foreigners despite worries over currency depreciation and prolonged COVID-related […]
TA Associates and Vista Equity invest in iCIMS platform
iCIMS, a provider of cloud-based talent acquisition solutions, has announced that TA Associates (TA), a global growth private equity firm, will invest in the company, alongside existing investor Vista Equity Partners (Vista). Vista, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, first invested in iCIMS in 2018 and has since […]
PE firms seek hot opportunities in supply-chain crisiss
Firms are moving to invest where they see supply-chain issues creating an unmet demand — areas such as warehouse automation or other key logistical operations The supply-chain crisis has become a profit opportunity for private-equity firms, which have increased their investments in the sector as companies spend more to transport and distribute goods in the […]
Private equity firms dismiss Brexit concerns in European investment surge
UK private equity firms shrugged off Brexit concerns and went on the offensive in Europe last year as acquisitions of corporates on the continent jumped 80 per cent, fresh data has revealed. Global dealmaking hit $5.9tn last year, sailing past previous records and jumping 64 per cent on the year prior. But the shocks of […]
TA Associates Announces Strategic Growth Investment in Zifo RnD Solutions
TA Associates (“TA”), a leading global growth private equity firm, today announced that the firm has completed a strategic growth investment in Zifo RnD Solutions (“Zifo”), a leading provider of scientific informatics services. Founded in 2008, Zifo helps enable the digital transformation of Drug Discovery, Clinical Development, Manufacturing Quality Control and Genomics functions at companies […]
Muzinich & Co expands multi-asset credit solutions with new fund
Muzinich & Co (Muzinich) has launched the Muzinich Dynamic Credit Income Fund (DCI), which is designed for investors seeking outperformance in rising credit markets without taking excessive risks. DCI targets a high level of portfolio income throughout the credit cycle while searching for opportunities presented by dislocated markets. The DCI portfolio has a flexible approach, […]
NYSCR commits further $2.8bn to private markets
The New York State Common Retirement Fund ($278 billion AuM) has steadily increased its allocations to private markets, and has finished Q1 at $2.8 billion, according to a report by Alternatives Watch. The pension fund has increased its exposure to private equity, credit, real estate and hedge funds, with its credit strategies seeing the best […]
KKR sees long duration assets as source of stability in uncertain times
KKR, which is raising what could be private equity’s biggest long-term fund, views the strategy as key advantage as the market takes on more uncertainty. Uniquely, KKR uses a large balance sheet to amplify the core PE strategy. Since the close of an inaugural vehicle in 2018 at $8.5 billion, the firm has combined balance […]
South African pension fund to invest $1.6bn in unlisted companies
The Government Employees Pension Fund in South Africa is looking to invest ZAR25 billion ($1.6 billion) in private firms, according to a report from Bloomberg. A joint statement from GEPF and the Public Investment Corp (ZAR2.1 trillion AuM) reveals that all investment decisions will be made by the PIC. The initial planned allocation was ZAR70 […]
