Warburg Pincus and The Heritage Group Invest in ClimeCo
ClimeCo, a global company that focuses on developing and trading environmental commodities and advising clients on emerging environmental market solutions, has raised over USD50 million in an investment round led by Warburg Pincus, a leading global growth investor, and The Heritage Group, which made ClimeCo’s first outside capital investment in early 2021. The financing will […]
Global insurers plan to ramp up private equity investments
Insurers want to put more money into private equity this year as they contend with rising inflation and its effects on monetary policy, a survey by Goldman Sachs Asset Management showed on Monday. More than 40% of insurers plan to increase their investments in private equity in the next 12 months to boost returns, according […]
Stonepeak completes USD3bn recapitalisation of portfolio company Cologix
Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has closed its equity recapitalisation of portfolios company Cologix, the largest private interconnection and hyperscale edge platform in North America. At USD3 billion in equity value, the transaction represents the largest single asset continuation vehicle raised in digital infrastructure to date. Cologix also completed […]
CVC and Greenbriar Announce Recapitalization of Radwell International
CVC Capital Partners VIII, has invested in Radwell International, LLC, a global distributor of new and surplus industrial automation components. CVC Fund VIII is acquiring an interest in the Company from founder & CEO Brian Radwell and Greenbriar Equity Group, L.P. (“Greenbriar”), both of whom will remain significant shareholders going forward. Financial terms of the […]
Toshiba shares surge after biggest shareholder backs Bain buyout plan
Effissimo supports US firm’s effort to take 140-year-old Japanese conglomerate private Shares in Toshiba rose by more than 6 per cent on Friday after Bain Capital secured the backing of the company’s largest shareholder and opened talks with other investors on a potential deal to take the 140-year-old Japanese conglomerate private. The US private equity […]
Sienna Investment Managers passes the EUR30bn AuM milestone
With the acquisitions of L’Etoile Properties, and more recently of MH GA and ACOFI Gestion, Sienna Investment Managers now manages EUR33.7 billion and comprises a full suite of asset management expertise across long-term solutions in Private Equity, Private Debt, Real Estate; and long-only through direct investments as well as multi-management, with a focus on ESG […]
Next Coast Ventures raises USD310m to invest in entrepreneurs
Next Coast Ventures has closed USD310 million in venture capital across three different funds. With a focus on entrepreneurs on the “Next Coast” of innovation, Austin-based Next Coast has now raised more than USD500 million in just six years. Next Coast boasts a strong investment team with years of hands-on operational experience. Every investing partner […]
Majority of LPs attracted by tech-enabled PE managers
Sixty per cent of Limited Partner (LP) respondents surveyed in the Brackendale Private Equity Technology LP Sentiment Survey H1 2022, produced in association with AssetMetrix, said that they would be more likely to consider allocating to a fund, if the fund manager had a tech-enabled partner to outsource their middle and back-office activities to. The […]
KKR leads USD77.5m Series C round in Growsari
KKR, backed by the International Finance Corporation IFC) and Pavilion Capital, has led a USD77.5 million Series C round in Growsari, a Philippines-based B2B e-commerce platform. This latest round, which saw KKR invest USD45 million, brings Growsari’s total funding to USD110 million. The company’s existing investors include Robinson Retail Holdings, JG Digital Equity Ventures, and […]
Vista Equity Partners Appoints Lauren Dillard Chief Financial Officer
Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced the appointment of Lauren Dillard as Chief Financial Officer and Senior Managing Director, effective April 11. She will succeed John Warnken-Brill, who is retiring from the role after over 15 years and will partner with Ms. […]
