Partners Group buys data center platform EdgeCore Digital with $1.2B investment
Swiss private investment company Partners Group Holding AG is investing up to $1.2bn in U.S. data center operator EdgeCore Digital Infrastructure, the private equity firm told Reuters. Partners Group, which will be present at the Swiss Private Equity Conference, will use the fund to acquire a majority stake in EdgeCore and help it build out […]
CalPERS commits $15.2B to private markets
CalPERS made commitments of up to $15.2 billion to new and existing alternative investment strategies in Q3 2022, according to a report by Pension & Investments Online. The $431.2 billion pension fund made an additional $1.5 billion commitment to Tower Bridge Infrastructure Partners, a private equity infrastructure fund managed by Global Infrastructure Partners; and also […]
Ardian reinvests in Italian pharma business Neopharmed, NB Renaissance joins as investor
Global investment giant Ardian has reinvested in Italian pharmaceutical commercialisation business Neopharmed. The deal comes four years after Ardian picked up a stake in the business, which was then the therapeutics unit of Italian drugmaker Mediolanum Farmaceutici. Neopharmed’s buy-and-build strategy since Ardian’s investments has seen it bolt-on six businesses, and reach revenues of €250m. Read […]
General Atlantic invests $100m in Amagi at $1.4B valuation
Private equity fund General Atlantic has invested $100m in Amagi, valuing the media technology platform at $1.4bn. The infusion in the Bengaluru-based company includes USD 80 million in primary issuance, a statement said, adding this will be primarily deployed for growth purposes. The company had last raised capital in March 2022 at a valuation of […]
Brookfield gathers $125B war chest as CEO sees recession
Brookfield Asset Management’s earnings declined as volatile markets weighed on valuations of private assets, but the firm says it’s still on track for its biggest year of fundraising ever. Brookfield has launched fundraising for an opportunistic credit fund that it expects to be more than $16bn, according to a letter to shareholders from Chief Executive […]
KKR to make $400m investment in Serenitca Renewables
KKR is to invest $400 million in Serentica Renewables (Serentica), a decarbonisation platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries. Serentica looks to deliver round-the-clock clean energy solutions for large-scale, energy-intensive industrial customers. This includes providing renewable energy solutions through long-term Power Purchase Agreements (PPAs) […]
Carlyle makes $350m investment in Aspen Power Partners
Aspen Power Partners (Aspen), a distributed generation platform, has secured a $350 million investment from funds managed by global investment firm Carlyle, and acquired Safari Energy, LLC (Safari) from PPL Corporation. The investment supports Aspen’s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial (C&I) solar and storage markets. To launch […]
Thoma Bravo leads $123m Alation Series E round at $1.7B valuation
Alation Inc, a specialist in enterprise data intelligence has raised $123 million in a Series E funding round led by Thoma Bravo, Sanabil Investments, and Costanoa Ventures alongside participation from new investor Databricks Ventures. This round takes Alation’s total funding raised to $340 million with the company now valued at $1.7 billion. Dell Technologies Capital, […]
Sixth Street raises $4.4B to invest in fast-growing companies
Global investment firm Sixth Street has held the final close of funds totaling $4.4 billion in fresh capital commitments to invest in fast-growing businesses through the firm’s Sixth Street Growth platform. The funds closed at their hard cap. Sixth Street’s previous growth fund closed in 2019 with $2.2 billion in committed capital and invested in […]
HIG Capital makes growth investment in ThoughtFocus
An affiliate of global alternative investment firm HIG Capital (HIG) has completed a growth investment in ThoughtFocus, Inc, a global provider of digital services and technology enabled digital operations focused primarily on the financial services end market. Headquartered in the US and founded in 2004, the Company provides a broad suite of technology services and […]
