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 […]
Brazilian Soccer League to Sell Rights for $971m to Mubadala Capital
The Brazilian Football League (Libra), one of two groups proposing new structures for soccer in the country, has confirmed it is in talks to sell a stake in its proposed competition to UAE investment firm Mubadala Capital. According to Brazilian newspaper O Globo, Libra is in negotiations to sell 20 per cent of its commercial […]
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 […]
Brighton Park Capital closes Fund II at $1.8B
Brighton Park Capital Management (Brighton Park), an investment firm that specialises in collaborating with software, healthcare, and tech-enabled services businesses, has completed a $1.8 billion fundraise for Brighton Park Capital Fund II and related vehicles (BPC II), exceeding its target of $1.5 billion. Consistent with its predecessor fund, BPC II will continue the firm’s strategy […]
Thoma Bravo leads $70m TRM Labs series B expansion round
Global software investment firm Thoma Bravo has led a $70 million expansion to TRM Labs’ Series B funding round, bringing the raise to $130 million in total. Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures, and others, also participated in the round. The expansion follows TRM’s original $60 million Series […]
Vodafone agrees partial sale of Vantage Towers to GIP and KKR-led consortium at $16B valuation
Vodafone Group Plc has agreed the partial sale of its mobile-phone masts business Vantage Towers to a consortium led by private equity firms Global Infrastructure Partners and KKR & Co in a deal that values the business at $16 billion. Vodafone’s current 81.7% stake in the business will be put into a joint-venture company Oak […]
JIP’s $15B Toshiba bid lacks bank backing
Private equity buyout firm Japan Industrial Partners has submitted a $15 billion bid to acquire Toshiba Corp, without having secured the backing of banks raising doubts over the viability of the proposed deal, according to a report by Reuters. JIP’s proposal includes a commitment of almost half of the $15 million from a consortium of […]
EQT closes Europe’s largest VC fund for early-stage tech startups at €1.1B
EQT has held the final close of EQT Ventures III at €1 billion of fee-generating commitments, and €1.1 billion of total commitments, making it the largest European fund to date focused on investments in European and North American early-stage tech startups. The fund, which includes participation from a wide range of European, North American and […]
Chimera Capital and Alpha Wave Global launch inaugural credit fund with USD2B of commitments
Chimera Capital, an affiliate of Chimera Investment, an Abu Dhabi-based private investment firm managing a diversified international portfolio of listed and private investments, and Alpha Wave Global, an investment company with multiple funds across asset classes, have launched Alpha Wave Private Credit, an open-ended credit fund, with initial commitments of USD2 billion. The perpetual fund, […]
Ecovadis raises $500m in funding round led by General Atlantic and Astorg
EcoVadis has raised $500 million in a funding round led by General Atlantic and Astorg, with participation from Princeville, GIC, Blackrock and GP Bullhound. This latest funding brings the total investment in EcoVadis to more than $735 million since its founding in 2007. Founded in France, EcoVadis is a leading provider of globally trusted business […]
