Category Archives: Syndicated
Adams Street Partners raises $740m for 2019 global fund
(Opalesque) Chicago-based private markets investor Adams Street Partners is capping a busy fundraising year with a $740 million closing of its latest annual global partnership fund. To read this article:
Graycliff Partners ends fourth fundraise on $350m hard cap
(Opalesque) New York-based Graycliff Partners has hit a $350m hard cap for the final close of its fourth mid-market buyout fund – Graycliff Private Equity Partners IV LP (GPEP IV). Limited partners in the new fund include pension funds, insurance […]
Lone Star emerges as white-knight bidder for Japanese hotel chain Unizo
(Reuters) – Japanese hotel chain Unizo Holdings (3258.T) said on Sunday it had received a friendly buyout offer from U.S. investment fund Lone Star, a deal that could end a five-month takeover battle involving Blackstone Group (BX.N), Fortress Investment Group […]
Instructure says it met with dozens of potential buyers before Thoma Bravo deal
(Reuters) – U.S. educational software company Instructure Inc (INST.N) said on Monday it met with dozens of potential buyers over months before agreeing on a $2 billion deal with private equity firm Thoma Bravo, which offered the highest price. To […]
How one investment veteran is trying to help the underserved get jobs on Wall Street
(CNBC) When Troy Prince landed on Wall Street, he soon realized that most of his coworkers didn’t look like the people he grew up with in his Bronx, New York, neighborhood. More than 20 years later, while there has been […]
Activist hedge fund Marcato Capital to shut down after drop in assets
(CNBC.COM) Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on Sunday. To read this article:
Care.com shares surge after Barry Diller’s IAC agrees to buy online caregiver marketplace
(CNBC.COM) Media mogul Barry Diller’s IAC on Friday announced that it agreed to buy Care.com in a deal valued at nearly $500 million, one day after detailing plans to spin off all of its shares of online dating company Match […]
New hedge fund launches decline to lowest level since 4Q 2008 despite steady flow of new European funds
(Opalesque) New hedge fund launches declined in 3Q, reversing the trends of the first half of the year, with the number of launches falling to the lowest level since 4Q08, despite a steady flow of European-located new launches. Launches totaled […]
Hedge funds see inflows of $4.45bn in November, ending long string of outflows
(Opalesque) The hedge fund business turned around eight consecutive months of aggregate outflows in November, with investors allocating +$4.45 billion to the industry, according to the just-released November 2019 eVestment Hedge Fund Asset Flows Report. November’s asset inflows and performance […]
Volition Capital closes $600m in separate funds for new investments
(Opalesque) Boston-based growth equity firm Volition Capital has raised a total of $600 million for its latest pair of growth-equity funds, continuing an investment strategy that has attracted greater interest from venture-capital and buyout firms. To read this article:
Morgan Stanley Infrastructure Partners closes third infrastructure fund at $5.5bn
(Opalesque) Morgan Stanley Infrastructure Partners has closed North Haven Infrastructure Partners III at $5.5 billion, above its $4 billion fundraising target. The global infrastructure investment platform of the $507 billion AuM manager Morgan Stanley Investment Management said in a press […]
NAIC and Aon form partnership to support diverse-owned private equity firms
(Opalesque) The National Association of Investment Companies (NAIC), the largest network of diverse-owned private equity firms and hedge funds, and Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, announced a […]