Private Equity

Crux Capital: Inaugural Fund Closed At Over $340 Million

By Amit Chowdhry ● Sep 20, 2025

Crux Capital, a Dallas-based private equity firm focused on the lower-middle market, has announced the final close of its first institutional fund, Crux Capital Fund I, L.P., with more than $340 million in commitments. The fund was oversubscribed and reached its hard cap after just nine months of fundraising. Investors included a diverse group of university endowments, charitable foundations, family offices, funds of funds, and industry executives.

Blue Owl Capital: $850 Million Alternative Credit Fund Launched For Individual Investors

By Amit Chowdhry ● Sep 20, 2025

Blue Owl Capital has launched the Blue Owl Alternative Credit Fund, known as OWLCX, its first interval fund designed to give individual investors access to alternative credit assets that have traditionally been available only to institutional investors. The fund secured $850 million of capital from a diverse global client base, making it one of the largest interval fund launches to date.

Point 41 Capital: $400 Million Inaugural Fund Closed

By Amit Chowdhry ● Sep 19, 2025

Point 41 Capital Partners, a private equity firm focused on the middle market, has announced the closing of its first fund, Point 41 Capital Partners I, L.P., with total commitments of $400 million. The fund exceeded its original target of 300 million dollars, reflecting strong investor demand. The capital came from a diverse group of limited partners, including endowments, insurance companies, fund-of-funds, family offices, and high-net-worth individuals from around the world.

Onex Partners To Buy Integrated Specialty Coverages From KKR

By Amit Chowdhry ● Sep 19, 2025

KKR and Onex have announced that Onex Partners will acquire Integrated Specialty Coverages (ISC), a technology-driven insurance platform that designs, underwrites, and distributes specialized insurance products. As part of the deal, all ISC employees will receive significant cash payouts based on their ownership stakes in the company.

GTCR Buying Smart Home Security Company SimpliSafe

By Amit Chowdhry ● Sep 19, 2025

SimpliSafe, a renowned name in the smart home security market, has announced that it has reached an agreement to be acquired by GTCR. The deal will see GTCR purchase the company from its current majority owner, Hellman & Friedman. As part of the transition, Christian Cerda will continue to lead SimpliSafe as Chief Executive Officer, while founders Chad and Eleanor Laurans will remain involved as significant investors and members of the board of directors.

Alvarez & Marsal: Pierre de Raismes Named As Managing Director

By Amit Chowdhry ● Sep 18, 2025

Alvarez & Marsal (A&M) has named Pierre de Raismes as Managing Director in its Private Equity Performance Improvement (PEPI) practice, where he will head the Private Equity Financial Services team. Based in Paris, his appointment reflects A&M’s ongoing expansion of its PEPI practice across Europe and its commitment to strengthening commercial due diligence and post-deal transformation capabilities.

Blackstone Buying Hill Top Energy Center For Nearly $1 Billion

By Amit Chowdhry ● Sep 18, 2025

Blackstone has announced that private equity funds affiliated with Blackstone Energy Transition Partners have reached a definitive agreement to acquire Hill Top Energy Center, a 620-megawatt natural gas power plant in Western Pennsylvania, from Ardian for nearly $1 billion. The acquisition underscores Blackstone’s strategy to expand energy infrastructure critical to powering the AI economy.

KKR Buys Hoken Minaoshi Hompo For Expanding Insurance Distribution in Japan

By Amit Chowdhry ● Sep 18, 2025

KKR has announced the acquisition of Hoken Minaoshi Hompo Group, a significant insurance distributor in Japan. The purchase was made from funds managed by Advantage Partners, a Japanese private equity firm. This investment is expected to support Hoken Minaoshi Hompo Group’s growth by enhancing its sales capabilities and pursuing both organic expansion and strategic acquisitions.

LCM Partners: €3.8 Billion First Close Of Credit Opportunities 5 Strategy

By Amit Chowdhry ● Sep 18, 2025

LCM Partners, a leading private credit manager in Europe and part of Brookfield’s strategic credit partner network, has announced the first close of its flagship Credit Opportunities 5 strategy, known as COPS 5. The firm has secured €3.8 billion in commitments across both its commingled fund and single investor managed accounts. This marks a significant step toward its goal of raising €6 billion for the strategy.

Altera: 51% Stake Acquired By Silver Lake From Intel

By Amit Chowdhry ● Sep 18, 2025

Altera has announced the completion of a significant investment deal with Silver Lake, a global technology-focused investment firm. Silver Lake has acquired a 51% stake in Altera from Intel Corporation, which will retain the remaining 49%. This deal marks a significant milestone for Altera, officially establishing it as the world’s largest independent company focused solely on field-programmable gate array (FPGA) solutions.

ENTRO: Majority Stake Bought By Levine Leichtman Capital

By Amit Chowdhry ● Sep 18, 2025

Levine Leichtman Capital Partners has announced a new partnership with ENTRO Service GmbH. The firm has bought a majority interest in ENTRO, working alongside the company’s founders Claudio Tubach and Philipp Westphal, as well as the current management team. While the financial details of the transaction were not disclosed, the move signals LLCP’s confidence in ENTRO’s business model and growth potential.

Seki Furniture: Investment Raised From L Catterton To Support Growth

By Amit Chowdhry ● Sep 18, 2025

L Catterton has announced a strategic investment in Seki Furniture, a major furniture company based in Japan. This partnership is designed to help Seki Furniture grow further in Japan’s steadily expanding furniture market by tapping into L Catterton’s deep experience in the consumer sector.

Asterion Industrial Partners: €3.4 Billion Closed for Third Infrastructure Fund

By Amit Chowdhry ● Sep 18, 2025

Asterion Industrial Partners, a European investment firm specializing in mid-market infrastructure, has announced the final close of its third fund, Asterion Industrial Infra Fund III FCR. The fund secured €3.4 billion in commitments, exceeding its original target of €3.2 billion. Including additional co-investment commitments, the total capital raised for the Fund III strategy reaches €3.65 billion.

Hunter Point Capital: Phiras Soubra Appointed As Managing Director To Expand Middle East Presence

By Amit Chowdhry ● Sep 18, 2025

Hunter Point Capital, an independent investment firm known for providing strategic support and capital solutions to alternative asset managers, has announced the appointment of Phiras Soubra as Managing Director for the Middle East. This newly created role reflects the firm’s commitment to deepening its relationships with investors and alternative investment firms across the region. Soubra will work closely with the global capital formation team - which is led by Conway Bate - to build new partnerships and strengthen HPC’s presence in key Middle Eastern markets.

Clifford Chance: Andrea Gede-Lange Joins U.S. Private Equity Practice As Partner

By Amit Chowdhry ● Sep 18, 2025

Law firm Clifford Chance has expanded its Private Equity practice in the United States by welcoming Andrea Gede-Lange as a new partner. This move is part of the firm’s broader strategy to enhance its private capital capabilities across key international markets.

KKR To Buy NewDay’s Consumer Credit Portfolio

By Amit Chowdhry ● Sep 16, 2025

KKR, one of the world’s leading investment firms, has reached an agreement to acquire the consumer credit receivables portfolio of UK-based financial services provider NewDay from its current owners, Cinven and CVC.

Cinven: Strategic Partnership Formed With Grant Thornton Germany

By Amit Chowdhry ● Sep 15, 2025

Cinven, an international private equity firm, has signed an agreement to enter into a strategic partnership with Grant Thornton Germany, one of the country’s fastest-growing audit and advisory firms. The deal, which is still subject to approval by Grant Thornton Germany’s equity partners, is designed to support the firm’s next phase of growth and strengthen its position as a trusted adviser to clients in an increasingly complex regulatory and economic environment.

ICG: €3.15 Billion Raised For Second European Infrastructure Fund

By Amit Chowdhry ● Sep 15, 2025

ICG, a global alternative asset manager, has announced the final close of its second European Infrastructure Fund, securing €3.15 billion (about $3.7 billion) in commitments. This is more than double the size of its predecessor, ICG Infrastructure Equity I, which closed in 2022 with €1.5 billion.

EQT Launches Nexus ELTIF Private Equity To Broaden Access To Private Markets

By Amit Chowdhry ● Sep 15, 2025

EQT has announced the Nexus ELTIF Private Equity fund, a new investment vehicle designed to open up private market opportunities to a broader range of investors under the European Union’s updated ELTIF 2.0 framework. ELTIF, short for European Long-Term Investment Fund, is a regulated structure created to channel capital into long-term, often illiquid asset classes such as private equity, infrastructure, and real estate.

Thoma Bravo: $2 Billion Acquisition Of Olo Completed

By Amit Chowdhry ● Sep 15, 2025

Thoma Bravo, one of the world’s largest software-focused investment firms, has completed its acquisition of Olo, a leading open SaaS platform serving the restaurant industry. The all-cash deal is valued at approximately $2 billion in equity and was approved by Olo’s stockholders during a special meeting held on September 9, 2025.

HCI Equity Partners Selling SDS Rx To DHL Supply Chain

By Amit Chowdhry ● Sep 14, 2025

HCI Equity Partners has announced that its portfolio company, Strategic Delivery Solutions (SDS Rx), has entered into a definitive agreement to be acquired by DHL Supply Chain, a division of DHL Group. The deal, expected to close by the end of 2025 pending customary approvals, will integrate SDS Rx’s specialized final-mile healthcare delivery services into DHL’s global life sciences and healthcare logistics network.

GTCR: Acquisition Of FMG Finalized

By Amit Chowdhry ● Sep 14, 2025

GTCR, a Chicago-based private equity firm, has completed its acquisition of FMG Suite, a leading provider of marketing automation software for financial advisors and insurance agents. The deal, first announced earlier this year, transfers ownership from Aurora Capital Partners and marks the start of a new growth phase for FMG under GTCR’s “Leaders Strategy” investment approach.

3G Capital: $9.4 Billion Acquisition Of Skechers Completed

By Amit Chowdhry ● Sep 12, 2025

Skechers U.S.A., one of the world’s largest footwear brands, has officially been acquired by global investment firm 3G Capital. The deal, first announced in May 2025, has now been finalized, marking a significant moment in the retail and consumer goods sector. With this deal complete, Skechers will no longer be listed on the New York Stock Exchange under its former ticker symbol SKX.

Claret Capital: Over €350 Million Raised For Fund IV

By Amit Chowdhry ● Sep 12, 2025

Claret Capital Partners has completed the second close of its fourth growth debt fund, raising more than €350 million and pushing its total assets under management past $1 billion. This milestone reinforces the firm’s leadership in supplying growth financing to European companies in technology, life sciences, and climate tech, following more than €1.2 billion deployed across 190 businesses since inception.

Platinum Equity Buys XD Connects For Branded Merchandise Platform

By Amit Chowdhry ● Sep 12, 2025

Platinum Equity has agreed to acquire XD Connects, a Netherlands‐based designer and supplier of custom corporate gifts and branded merchandise. This deal will bring XD Connects’ team, infrastructure, and customer relationships into Platinum Equity’s growing European merchandise portfolio, creating a more comprehensive platform for businesses seeking personalized promotional products.

Thoma Bravo Finalizes $2 Billion Takeover of Olo

By Amit Chowdhry ● Sep 12, 2025

Thoma Bravo has completed its acquisition of Olo, the open software-as-a-service platform widely used by restaurants to manage digital ordering and guest engagement. The all-cash deal, valued at approximately $2 billion in equity, secured shareholder approval earlier this month and immediately transitions Olo into private ownership. Olo’s common stock ceased trading on the NYSE following the close of the transaction.

BCI Private Equity Bolsters Healthcare Practice with Nikhil Hanmantgad Appointment

By Amit Chowdhry ● Sep 12, 2025

BCI Private Equity has added Nikhil Hanmantgad as Managing Director of its healthcare vertical, reinforcing the firm’s global expansion and deepening its focus on the rapidly growing life sciences and health services sectors. In this newly created role, Hanmantgad will spearhead sourcing and execution of new investments, oversee value-creation initiatives across existing portfolio companies, and collaborate closely with the senior leadership team to refine BCI’s healthcare strategy.

TPG To Buy GE Vernova’s Proficy Software Business for $600 Million

By Amit Chowdhry ● Sep 12, 2025

TPG Capital has reached a deal to buy the Proficy manufacturing software division from GE Vernova for $600 million. Proficy will become a standalone company focused entirely on serving industrial clients with software tools that streamline production, boost efficiency, and connect operations from the factory floor up to enterprise management systems. Along with the upfront purchase price, GE Vernova may realize further proceeds tied to Proficy’s performance after the transaction closes.

Aurora Capital Partners: AEP VII Fund Closed At Over $2.1 Billion

By Amit Chowdhry ● Sep 12, 2025

Aurora Capital Partners has secured over $2.1 billion in new commitments for its seventh flagship fund, exceeding its original target and marking the most significant fundraising effort in the firm’s history. This funding is sourced from a diverse range of institutional investors, including public and corporate pension plans, insurance companies, family offices, asset managers, and advisory firms.

Veritas Capital: $14.4 Billion Fund IX Closed

By Amit Chowdhry ● Sep 11, 2025

Veritas Capital has completed the final close of its ninth flagship fund with $14.4 billion in capital commitments, surpassing the initial $13 billion target and its hard cap after strong investor demand. This result represents a 35% increase over Fund VIII, which closed at $10.7 billion in 2022.