Blackstone selects global head of ESG for private equity
Amisha Parekh was named managing director and global head of ESG for private equity at alternative manager Blackstone. It is a new position, Blackstone spokeswoman Emilie Stanton said in an email Thursday. Ms. Parekh, who joined the firm’s portfolio operations group Monday, leads private equity-related ESG due diligence, policy development and strategy and reports to […]
Deepbridge Capital makes two senior hires
UK venture capital investment manager Deepbridge Capital has appointed Steve Shallcross as Chief Information and Technology Officer and Connor Grimes as Associate Investment Director, Technology Prior to joining Deepbridge, Shallcross was Senior Vice President of Technology and Innovation at Cheshire-based tech company Afin Technologies. Shallcross’s role at Deepbridge is to lead the digitalisation of the […]
Bain Capital invests $200 million in Chinese tech startup
Bain Capital has invested $200 million in Chinese tech startup Newlink Group, the private equity firm said on Monday, bringing the company’s total fundraising to $300 million this year. Newlink was founded in 2016 and helps drivers in China to find gas stations and vehicle charging points through an online platform which includes the apps […]
TPG Starts Program to Back and Train More Diverse Fund Managers
Private equity firm TPG is stepping up its diversity efforts with a plan to back more fund managers who are women, people of color and LGBTQ+. With a new program called TPG Next, the San Francisco-based firm will buy stakes in such managers and have the emerging firms’ executives work side-by-side with TPG leaders, co-Chief […]
KKR-backed SPAC raises $1.2 billion in U.S. IPO
KKR Acquisition Holdings I Corp, a blank-check firm backed by private equity firm KKR & Co Inc, said on Wednesday it had raised $1.2 billion in an upsized initial public offering. The special purpose acquisition company (SPAC) said it sold 120 million units, up from the 100 million units it had marketed earlier, at $10 […]
One Rock Capital Partners closes Fund III at $2 billion hard cap
One Rock Capital Partners has successfully closed its third flagship private equity fund at its hard cap, with total capital commitments of $2 billion. One Rock Capital Partners III marks One Rock’s largest fund to date, having surpassed its target of $1.5 billion. The firm has developed particular expertise in complex transactions including corporate carve-outs. […]
Dillon Eustace appoints Partner in Asset Management and Investment Funds team
Dillon Eustace has appointed Colman O’Loghlen as a Partner in the firm’s fourteen-partner strong Asset Management and Investment Funds team. Colman specialises in advising firms on regulatory and structural issues relating to the establishment, and management of all types of investment fund structures. Prior to re-joining Dillon Eustace in February 2021, Colman spent just under […]
KKR Invests in Nordic Bioscience for Next Phase of Growth
Nordic Bioscience A/S, a Danish company and world leader in biomarker development, announced today the signing of an investment from KKR, a leading global investment firm. KKR will acquire a minority equity stake in Nordic Bioscience from existing shareholders and will support the company in accelerating its global growth. Nordic Bioscience has world-leading knowledge and […]
Warburg Pincus Files Two SPACs Seeking Combined $750 Million
Private equity firm Warburg Pincus filed to raise $750 million in initial public offerings by two new special purpose acquisition companies. Warburg Pincus Capital I-A is seeking to raise $250 million while Warburg Pincus Capital I-B is targeting $500 million, according to filings Wednesday with the U.S. Securities and Exchange Commission that confirmed an earlier […]
$73B Private Equity Firm Announces Miami Office To Tap Into Region’s Growing Tech Community
Miami has landed another big investment company – and its billionaire founder has purchased a home here. Thoma Bravo, a private equity firm with more than $73 billion in assets under management, announced it is opening an office here in the second half of 2021. The company said it hopes to tap into Miami’s “rich […]
