Riverside Company makes Outsolve investment
The Riverside Company, a global private investor focused on middle market business valued at up to $400 million, has invested in OutSolve, a provider of outsourced labour and employment compliance solutions. In addition to pursuing organic growth through building scale in areas such as pay equity, DE&I and ESG, Riverside plans to continue the company’s […]
BlackRock and Manulife Investment Management back Zenyth Partners’ continuation fund
Zenyth Partners (Zenyth), a healthcare-focused private equity firm specialising in consumer-facing and tech-enabled healthcare services, has closed a continuation fund composed of both secondary and primary capital commitments, co-led by funds managed by BlackRock and Manulife Investment Management with support from Newbury Partners. The fund has acquired minority stakes in three portfolio companies (the Sale […]
Financial Services Capital expands Investor Relations function
Financial services specialist private equity firm appoints Geraldine Kieren 17 October 2022 – Financial Services Capital LLP (“FSC”), the private equity investor dedicated to the European financial services sector, has appointed Geraldine Kieren as Vice President, Investor Relations. Geraldine joins from Aksia, where she was a Portfolio Advisor on Private Markets, supporting the firm’s efforts […]
Top Gun producer Skydance valued at $4B after KKR-led investment
Cash injection of $400mn for studio behind ‘Top Gun: Maverick’ defies gloom in public entertainment groups Skydance Media, the Hollywood production company behind the blockbuster Top Gun: Maverick, has received a cash injection of $400mn led by KKR. The investment, which also included existing shareholders the Ellison family, RedBird Capital Partners and Tencent, gives Skydance a […]
Sunstone Partners raises $925m for Fund III
Sunstone Partners, a growth-oriented private equity firm, has held the final institutional close of its oversubscribed $925 million third fund, Sunstone Partners III (Fund III), at its hard cap. Fund III, which more than doubles the total committed capital managed by Sunstone Partners, is the firm’s largest fund to date and brings total committed LP […]
Blackstone to make $500m strategic investment in Resolution Life
Private equity giant Blackstone is to make a $500 million strategic investment in Resolution Life as part of a wider plan that will see the global life and annuity insurance consolidation business raise $3 billion in new equity capital commitments. The additional funding, which will bring the company’s overall equity capital base to more than […]
India’s Adani in talks with investors to raise $10B
Indian billionaire Gautam Adani and his family are in early discussions with investors, including Singapore investment firms Temasek and GIC, to raise at least $10bn to fund its expansion into clean energy, ports and cement businesses. Adani Group will invest more than $100bn over the next decade, most of it in the energy transition business, […]
Blackstone unveils mammoth new London HQ
Blackstone, the world’s largest alternative asset manager, announced that it has reached an agreement to establish a newly constructed, purpose-built European headquarters located in its long-term London home, Berkeley Square. Recent significant European investments include Bourne Leisure, Mileway Logistics, Sage Homes and Esdec Solar. The decision to fully lease what will be one of London’s […]
Brookfield to invest up to $1B to build plants that turn captured carbon into fuels & products
Carbon capture and transformation (CCT) company LanzaTech announced today a funding partnership with clean energy investor Brookfield Renewable, aimed at financing the development of commercial scale production plants for the transformation of carbon into materials such as sustainable fuels, fabrics, packaging. Under the new partnership, Brookfield will invest an initial $500 million for the construction […]
Morgan Stanley sees 12% CAGR for private capital market over next five years
Private capital market is set to grow at a 12% annual rate on a compounded basis to $17 trillion in assets under management (AUM) over the next five years, Morgan Stanley analysts said. As one of the highest-returning asset classes in past years, the market stands at about $10 trillion, representing about 9% of global […]
