Balbec Capital raises over $1.5B for fifth global credit fund
Balbec Capital, a global alternative asset manager with over $11 billion in platform assets, has closed its fifth global flagship fund, InSolve Global Credit Fund V, with total commitments of over $1.5 billion as well as a $100 million expandable co-investment vehicle, making it Balbec’s largest fund to date. The Fund seeks to generate consistent, […]
Flashpoint Venture Capital holds $102m close of VC III Fund
Flashpoint Venture Capital has closed it VCIII fund with $102 million of capital commitments, including $20 million from its first institutional limited partner Széchenyi Funds. Flashpoint VC focuses on global Series A tech startups originating in Emerging Europe and Israel. While Széchenyi Funds’ focus is on financial institutions, large corporates, and more mature SMEs, it […]
HighPost Capital raises $535m for consumer-focused investments
Jeff Bezos’ brother’s private equity firm, HighPost Capital, a private investment firm focused on the global consumer sector, has closed its inaugural fund, HighPost Capital Fund I (Fund I) at $420 million. HighPost has raised an additional $115 million through affiliated co-investment vehicles to invest alongside Fund I for a total of $535 million in […]
Apex Group closes £1.5B acquisition of Sanne
Apex Group Ltd has closed its acquisition of Sanne Group (Sanne), a global provider of alternative asset and corporate services for £1.5 billion. The close of the Sanne acquisition now positions Apex Group as a global, top-tier independent service provider, servicing nearly $3 trillion in assets across administration, depositary, custody and under management. The addition […]
Thoma Bravo to acquire Ping Identity in $2.8B deal
Thoma Bravo is to acquire Ping Identity, provider of the Intelligent Identity solution for the enterprise, for $28.50 per share in an all-cash transaction valued at an Enterprise Value of approximately $2.8 billion. The offer represents a premium of approximately 63% over Ping Identity’s closing share price on 2 August, 2022, the last full trading […]
Moonfare launches API; provides fintechs with an effortless way to access top private equity funds
Moonfare’s newly-launched software interface allows investment platforms and other fintechs to diversify their product offering with alternative assets, unlocking all-new revenue streams. Moonfare’s direct API integration gives partners the opportunity to tap into the growing group of wealthier individual investors who seek exposure to private equity, venture capital and other highly sought-after alternative strategies. Moonfare […]
JC Flowers closes fifth private equity fund with more than $1.1 Billion in commitments
J.C. Flowers & Co. LLC, a leading private investment firm dedicated to investing globally in the financial services industry, announced today it has completed fundraising for its fifth private equity fund, J.C. Flowers V L.P., with more than $1.1 billion in commitments. Limited partners in JCF V represent a diverse group of corporate pension funds, sovereign wealth […]
Talos Energy in talks to buy Gulf of Mexico peer EnVen for $1B
Talos Energy Inc is in talks to acquire Bain Capital-controlled EnVen Energy for about $1 billion and also take on the debt of the U.S. Gulf of Mexico operator, according to people familiar with the matter. The deal would be among the most significant in recent years in the Gulf, creating a bigger company that […]
Global software sector sees deals worth $130B in Q2
Despite continued turmoil in the public equity markets, the global software saw a total of 628 M&A deals in Q2 at a disclosed value of $130 billion, equaling the record set just two quarters earlier, according to Kroll, a provider of data, technology and insights related to risk, governance and growth. The strength in deal […]
Rolls secures final clearance for sale of ITP Aero to Bain
Rolls-Royce said on Wednesday it had secured the final regulatory clearance for the sale of ITP Aero to investors led by Bain Capital, with the completion of the $1.8bn deal expected in the coming weeks. The approval, from the Spanish government, means Rolls has completed its disposal programme, raising at least $2.4bn. “Upon completion, sale […]
