Private Equity

Sia Partners: Strategic Minority Investment Of Up To €250 Million Raised From Blackstone

By Amit Chowdhry ● Dec 17, 2024

Sia Partners - a next-generation independent management and AI consulting firm - announced a minority investment of up to €250 million from funds managed by Blackstone’s private equity strategy for individual investors to support the company’s continued growth. And founder and CEO Matthieu Courtecuisse retains a significant majority stake in Sia and will continue to lead the Company. It marks the Company’s first partnership with a financial investor since its founding.

Cornell Capital Names Jennifer Cattier As New Partner

By Amit Chowdhry ● Dec 17, 2024

Cornell Capital - a U.S.-based private investment firm with approximately $5.3 billion of AUM and offices in New York and Hong Kong - announced the promotion of Jennifer Cattier to Partner. And based in the New York office, Cattier will continue to focus on advancing Cornell Capital’s strategic priorities, overseeing firm operations and personnel, and spearheading transformative infrastructure initiatives.

CIG: Interview With CIO Christopher Kane About The Diversified Holding Company

By Amit Chowdhry ● Dec 16, 2024

Carey International Group (CIG) is a diversified holding company focused on growing North American assets in the energy/renewables, commercial real estate, and financial services sectors. Pulse 2.0 interviewed CIG Chief Investment Officer Christopher Kane to learn more about the company.

Centana Growth Partners: Fund III Closed At $600 Million

By Amit Chowdhry ● Dec 16, 2024

Centana Growth Partners, a specialized growth equity firm investing in the future of finance, announced the closing of its oversubscribed third fund, Centana Growth Partners III, L.P., with $600 million in capital commitments from limited partners.

Amulet Capital Partners Investing In Theoria Management

By Amit Chowdhry ● Dec 16, 2024

Amulet Capital Partners, a middle-market private equity investment firm focused exclusively on the healthcare sector, announced a new platform investment in Theoria Management. This tech-enabled management service organization delivers high-quality and value-based primary care services to senior living communities across the US. The financial terms of the transaction were not disclosed.

GTCR Selling AssuredPartners For $13.45 Billion To Arthur J. Gallagher

By Amit Chowdhry ● Dec 16, 2024

Leading private equity firm GTCR announced that it had signed a definitive agreement to sell AssuredPartners, a leading independent insurance broker, to Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm, for $13.45 billion in an all-cash transaction. This deal is the largest sale of a U.S. insurance broker to a strategic acquiror in the history of the industry.

Blackstone Signs $2.6 Billion Tokyo Real Estate Deal

By Amit Chowdhry ● Dec 16, 2024

Blackstone announced that its Real Estate funds entered into definitive agreements to buy Tokyo Garden Terrace Kioicho, an acclaimed 2.4 million-square-foot mixed-use asset, from affiliates of Seibu Holdings. At $2.6 billion (around JPY 400 billion), this marks the largest real estate investment by a foreign investor in Japan and the firm’s largest investment to date across businesses in the market.

Apollo And Santander Partnering On $370 Million Infrastructure Portfolio Financing

By Amit Chowdhry ● Dec 14, 2024

Apollo and Santander announced that Apollo-managed funds and affiliates have agreed to invest in an approximately $370 million portfolio of infrastructure credit. Apterra, an Apollo affiliate founded in 2023, led the deal. Apterra specializes in innovative financing solutions for infrastructure projects.

J.F. Lehman & Company: $2.2 Billion Fund VI Closed

By Amit Chowdhry ● Dec 13, 2024

J.F. Lehman & Company (JFLCO) - a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, and environmental sectors - announced the successful closing of its latest flagship fund, JFL Equity Investors VI, L.P. and affiliated investments vehicles (Fund VI). And at $2.23 billion, the offering marks the largest in the firm's 33-year history and was meaningfully oversubscribed relative to its $1.6 billion target.

BITKRAFT Ventures Receives Minority Fund Investment From Blue Owl

By Amit Chowdhry ● Dec 13, 2024

BITKRAFT Ventures announced a passive minority investment from a fund managed by Blue Owl’s GP Strategic Capital platform. This funding enables BITKRAFT to further expand its operating capabilities and expand its investment platform, which includes more than $1 billion in assets under management and six funds covering early-stage venture, growth stage venture, and Web3/Crypto. Blue Owl’s GP Strategic Capital platform provides minority equity and financing solutions to private capital managers.

Blackstone: Over $1 Billion To Drive JSSI’s Growth

By Amit Chowdhry ● Dec 13, 2024

Blackstone Credit & Insurance and Jet Support Services (JSSI) announced over $1 billion in new financings to support the recapitalization of JSSI, the world’s largest independent provider of hourly cost maintenance programs for business aircraft engines, auxiliary power units, and airframes. The funds managed by Blackstone have now provided over $1.8 billion in debt financing and investment in common equity in a series of financings for JSSI, a portfolio company of leading private equity firms GTCR and Genstar Capital.

JA Moody Signs Partnership With PE Firm New Heritage Capital

By Amit Chowdhry ● Dec 13, 2024

JA Moody - a premier maritime supplier of fluid control valves, actuators, strainers, parts, and services to the US Navy and Commercial Marine industry - announced a strategic partnership and investment from New Heritage Capital, a Boston-based private equity firm specializing in founder-owned businesses.

Monarch Private Capital Reveals Impact Across South Carolina Through Nearly 100 Investments

By Amit Chowdhry ● Dec 11, 2024

Monarch Private Capital - an impact investment firm that develops, finances, and manages a diversified portfolio of projects generating federal and state tax credits - announced its impact across South Carolina through nearly 100 investments spanning Anderson to Rock Hill and Greenville to Charleston.

H.I.G. Capital: $1 Billion Bayside Loan Opportunity Fund VII Closed

By Amit Chowdhry ● Dec 10, 2024

H.I.G. Bayside Capital—a special situations credit affiliate of H.I.G. Capital, a leading global alternative investment firm with $66 billion of capital under management—announced the final closing of H.I.G. Bayside Loan Opportunity Fund VII. The fund closed with $1 billion of aggregate capital commitments and continues the Firm’s successful strategy of investing in special situation credit opportunities in the European middle market.

Obra Capital: First CLO Offering Closed For $403.75 Million

By Amit Chowdhry ● Dec 9, 2024

Obra Capital, an asset management firm with a specialized approach to alternative investing, announced the final closing of its inaugural Collateralized Loan Obligation offering (CLO). Obra CLO 1 - at over $400 million in size, further diversifies Obra’s strategies in alternative assets and structured credit and underscores its ongoing commitment of providing various strategies aimed at delivering long-term value for investors.

ICV Partners: Lloyd Metz & Zeena Rao Named As Managing Partners

By Amit Chowdhry ● Dec 8, 2024

ICV Partners announced that Lloyd Metz and Zeena Rao have been named as Managing Partners.

KKR Partnering With Former Halma CEO Andrew Williams For Industrial Sector Investments

By Amit Chowdhry ● Dec 8, 2024

Leading global investment firm KKR announced it is partnering with Andrew Williams (former long-time CEO at Halma plc) to pursue new acquisition opportunities in the Industrials sector and, more broadly, across leading UK businesses. Williams will assume the role of Executive Advisor to KKR.

Mubadala Capital Committing Over $1 Billion To Silver Rock’s Funds

By Amit Chowdhry ● Dec 8, 2024

Mubadala Capital - the alternative asset management subsidiary of Mubadala Investment Company - announced that it has entered into a strategic partnership with Silver Rock, a credit asset manager with over $10 billion in assets under management (AUM). Under this deal, Mubadala Capital will acquire a 42% stake in Silver Rock Financial LP through a combination of cash and stock, with an option that could take Mubadala Capital's ownership to 50% over time.

Vector Capital Buying Bigtincan In A$183 Million Deal

By Amit Chowdhry ● Dec 8, 2024

Vector Capital Management - a leading private equity firm specializing in transformational investments in established technology businesses - announced that it has entered into a scheme implementation deed under which it will acquire Bigtincan Holdings Limited, a provider of sales enablement software and AI solutions to global enterprises.

Accel-KKR: First Strategic Capital Fund Closed At Over $2.2 Billion

By Amit Chowdhry ● Dec 5, 2024

Accel-KKR announced the completion of fundraising for AKKR Strategic Capital LP, closing on over $2.2 billion of capital commitments. AKKR Strategic Capital will invest in a broad range of transactions primarily focused on the software industry in the secondary market, aligning with the firm’s long-standing focus and experience backing growing software and technology-enabled services companies.

KKR: Philippe de Backer Named As Managing Director Of European Public Affairs

By Amit Chowdhry ● Dec 4, 2024

KKR announced the appointment of Philippe de Backer as Managing Director of European Public Affairs, effective January 1, 2025. Philippe, based in KKR’s London office, will report to Ken Mehlman, Partner and Global Head of Public Affairs and Co-Head of Global Impact.

OMERS Private Equity To Buy Integris

By Amit Chowdhry ● Dec 4, 2024

OMERS Private Equity announced it signed a definitive agreement to acquire a majority stake in Integris from Frontenac, a Chicago-based private equity firm. The financial terms of the deal were undisclosed.

Blackstone Reveals Key Leadership Appointments And New Areas Of Client Coverage

By Amit Chowdhry ● Dec 4, 2024

Blackstone announced three appointments to key firmwide roles and the creation of two new functions to enhance client coverage and capital raising. And Blackstone veterans Farhad Karim and Chris Sullivan will step into new roles and the firm also welcomes Adam Lane.

RJW Logistics: Strategic Investment Raised From Berkshire Partners

By Amit Chowdhry ● Dec 3, 2024

RJW Logistics Group - a leading provider of retail logistics solutions for consumer packaged goods (CPG) brands - announced it has received a strategic investment from Boston-based private equity firm Berkshire Partners.

UHY: Strategic Funding Raised From Summit Partners

By Amit Chowdhry ● Dec 3, 2024

UHY, a leading accounting, tax, consulting and advisory services firm, announced a growth investment from Summit Partners. This funding will support the continued expansion of UHY's team, technology, and best-in-class client service offerings while helping to accelerate organic and acquisition-driven growth.

Leonid Capital Partners Passes $265 Million In AUM

By Amit Chowdhry ● Dec 3, 2024

Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the national security industry, announced it has surpassed its 2024 fundraising goals, with its evergreen fund now topping over $265 million in assets under management (AUM). And the firm is experiencing accelerating growth and has advanced over $125 million to borrowers this year.

NaviMed Capital: Fund III Closed At $450 Million

By Amit Chowdhry ● Dec 3, 2024

NaviMed Capital, a Washington, DC-based private equity firm focused exclusively on the healthcare industry, announced the closing of its third fund NaviMed Partners III. This substantially oversubscribed new fund closed at its hard cap of $450 million of commitments. NaviMed now manages over $850 million of capital commitments with the new funding round.

Neos Partners: $1.37 Billion Fund II Closed For Investing In The Energy Transition

By Amit Chowdhry ● Dec 3, 2024

Neos Partners - an investment firm focused on second-order investing in the energy transition and critical infrastructure sectors - announced the closing of Neos Partners II with $1.37 billion of commitments. And Neos also closed a $350 million committed co-investment vehicle alongside Fund II.

Blue Bear Capital: $160 Million Fund III Closed

By Amit Chowdhry ● Dec 2, 2024

Blue Bear Capital - a venture and growth equity firm focused on AI-powered solutions for the world's energy, infrastructure, and climate challenges - announced the closing of its $160 million Fund III and additional follow-on vehicles.

PlayCore Reveals Continuation Fund Led by Sage Equity Investors

By Amit Chowdhry ● Dec 2, 2024

Court Square Capital Partners - a leading U.S. middle market private equity firm - announced the closing of a single-asset continuation fund to continue its partnership with PlayCore Group (a market-leading provider of multi-brand playground equipment and recreation products).