Permira considers sale of Funds Platform Alter Domus
The owners of Alter Domus are considering a possible sale of the fund administration platform, according to people familiar with the matter. Private equity firm Permira and the company’s founders have held some inital discussions with potential suitors as they study a sale of part or all of the business, one of the people said. […]
Riveron, an H.I.G. Capital Portfolio Company, acquires Clermont Partners
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $49 billion of equity capital under management, is pleased to announce that its portfolio company, Riveron Consulting, LLC (“Riveron” or the “Company”), a national business advisory firm, has acquired Clermont Partners (“Clermont”), a women-owned consultancy specializing in environmental, social, and governance (“ESG”) communications and […]
ARCH Venture Partners closes $2.975bn Fund XII
ARCH Venture Partners has closed ARCH Venture Fund XII with $2.975 billion to invest in the creation, development and funding of early stage biotechnology companies. This new fund follows the January 2021 announcement of the $1.941 Billion ARCH Venture Fund XI. ARCH investments made from Fund XII will reflect the firm’s focus on companies formed […]
Hedge fund Viking Global seeks to raise $1B to back Cash-Hungry startups
Viking Global Investors is raising a structured equity fund, joining the likes of Coatue Management in seeking to provide capital to cash-hungry startups, a move that may help private companies delay raising money at lower valuations amid tumultuous public markets. The Greenwich, Connecticut-based firm is targeting at least $1 billion for the fund, which will […]
Endless raises £100m for Third Enact Fund
Private equity firm Endless has raised £100m for its third Enact fund to invest in UK SMEs. Enact III will principally target businesses based in the UK with an investment requirement of up to £10 million (an increase from £5m in Enact Fund II). Enact III will principally target businesses based in the UK with […]
TPG Partners acquires DOC Generici
TPG Capital, the private equity platform of global alternative asset management firm TPG, is to acquire a majority interest in DOC Generici, a manufacturer of generic pharmaceuticals in Italy, from ICG and Merieux Equity Partners. As part of the transaction, Karthic Jayaraman, Partner at TPG Capital, and TPG Capital Principal Ravi Umarji will join DOC […]
TVS Motor in talks with TPG Capital and KKR to raise $300m for EV business
Two-wheeler automobile company TVS Motor is reportedly in talks with TPG Capital and KKR & Co to raise at least $300m for its electric vehicle (EV) business. Recently, Greaves Cotton became the other big player in the segment to raise overseas capital to strengthen foothold in the fast growing EV segment. It received an investment […]
Barcelona reportedly agrees €200m-plus TV rights sale
Catalan football club FC Barcelona has reportedly agreed to sell a 10% stake in its television media rights to US private equity firm Sixth Street. The deal, reported on by local news outlet Sport, will be worth between €205-215 million and see the private equity firm own a tenth of the club’s TV rights for […]
Bob Diamond’s private equity firm raises funding from Qatar
Atlas Merchant Capital secures commitment of $100mn from Qatar Financial Centre and seeks $1.5bn from other investors Atlas Merchant Capital, which was co-founded by Diamond almost a decade ago, has received a non-binding commitment of $100mn from the Qatar Financial Centre (QFC), the Doha-based site through which international companies tend to do business in the […]
KKR takes back seat in Toshiba bidding process
Move leaves rival Bain in lead position to take Japanese conglomerate private US private equity firm KKR is stepping back from a potential $22bn bidding war for the future of Toshiba, people familiar with the talks said, leaving its main rival Bain Capital in pole position to pull off Japan’s biggest take-private deal. KKR’s decision […]
