Qualitas Energy holds first close of fifth flagship fund at more than €1.1B

Qualitas Energy, a global investment and management platform focused on renewable energy, energy transition and sustainability investments, has held the first close of its flagship fund QE V, which has a target size of €1.6 billion, at more than €1.1 billion. This equals the entire fund size of QE IV and makes QE V one […]

Bain Capital to acquire Japanese clothing firm Mash Holdings for $1.4B

Bain Capital has agreed a JPY100 billion ($1.4bn) deal to acquire Japanese apparel maker Mash Holdings in one of the largest private equity deals in the country’s fashion industry, according to a report by Nikkei. Bain Capital will reportedly acquire 100% of Mash’s shares, including those of founder and President Hiroyuki Kondo who will remain […]

Carlyle launches renewable energy development platform Telis Energy in Europe

Global Investment firm Carlyle has launched Telis Energy (Telis), a newly created renewables platform to develop renewable energy projects, with a focus on solar, in the UK, France, Spain, and Germany, but a view to expand to other markets in Europe. Carlyle sees renewables as core to its infrastructure strategy and seeks to capture the […]

BlackRock to acquire Jupiter Power from EnCap Investments

BlackRock Alternatives (BlackRock), through a fund managed by its Diversified Infrastructure business, has agreed to acquire Jupiter Power (Jupiter), a US operator and developer of stand-alone, utility-scale battery energy storage systems. EnCap Energy Transition Fund I (EETF I) and co-investment partners Yorktown Partners and Mercuria Energy are selling Jupiter, and the transaction is expected to […]

Apax, TA, Carlyle make shortlist to acquire 40% Quest Global stake for $1B

Three private equity investors – Apax Partners, TA Associates and Carlyle – have made the shortlist to acquire a significant minority stake in Singapore-based engineering outsourcing firm Quest Global in a $1 billion deal that could value the business at around $2.5 billion. And the report cites unnamed sources as revealing that other PE funds […]

Astorg and Epiris secure regulatory approval for £1.6B Euromoney deal

Becketts Bidco a consortium comprising Luxembourg-based private equity firm Astorg Asset Management and London-based private equity firm Epiris LLP, has secured all necessary regulatory approvals for its #1.6 billion acquisition of Euromoney Institutional maestro, according to a report by PE Insights. The scheme remains subject to the waiver or satisfaction of the remaining conditions set […]

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 […]

KKR leads $48m Series C Round in Indonesian digital trust provider Privy

KKR has led a $48 million Series C funding round in Privy, a digital trust provider in Indonesia. Existing investors MDI Ventures, GGV Capital and Telkomsel Mitra Inovasi (TMI), and new investors including Singtel Innov8, also participated in the round. The investment will help Privy strengthen its position as a digital signature and digital identity […]

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 […]