Private Equity

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

By Amit Chowdhry ● Today at 12:58 AM

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 ● Yesterday at 6:58 AM

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.