Private Equity

J.P. Morgan Private Capital: Inaugural Biotechnology Fund Closed At Over $500 Million

By Amit Chowdhry ● Jun 16, 2024

J.P. Morgan Private Capital (a venture capital and growth equity investment team within J.P. Morgan Asset Management) announced the final closing of the first Life Sciences Private Capital offering, 270 Life Sciences Private Capital Fund I, led by Chief Investment Officer Stephen Squinto, Ph.D. and Managing Partner Gaurav Gupta, M.D., M.S.E.

Aquiline: Over $3.4 Billion Of Capital Closed For Fifth PE Fund

By Amit Chowdhry ● Jun 15, 2024

Aquiline Capital Partners LP, a private investment firm dedicated to financial services and related technologies, announced that it has raised over $3.4 billion of fund capital, following the final close of its fifth private equity fund, Aquiline Financial Services Fund V L.P. (AFS V), and the closing of its continuation fund, Aquiline Financial Services Continuation Fund L.P.

InTandem Capital Partners: Fund III Closed At $715 Million

By Amit Chowdhry ● Jun 15, 2024

InTandem Capital Partners, a middle-market private equity firm focused exclusively on healthcare services, announced the final closing of InTandem Capital Partners Fund III, LP, with $715 million in total capital commitments. And Fund III closed above its original target of $650 million.

IDC Network And Arena Investors Launch Flexible Capital Arm

By Amit Chowdhry ● Jun 15, 2024

IDC Network (a diversified private equity and venture capital asset manager and parent company of IDC Ventures, a global venture capital firm specializing in fintech and marketplaces) announced the launch of its newly created credit and flexible capital arm IDC Arena Credit Ventures through the formation of a strategic partnership with Arena Investors, LP. And Arena Investors is a global institutional investment manager with a solid track record of providing creative capital solutions to underserved borrowers globally.

MidOcean: $765 Million Closed For Tactical Credit Strategy

By Amit Chowdhry ● Jun 15, 2024

MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, structured capital, and alternative credit investments, announced the closing of its third opportunistic credit fund, MidOcean Tactical Credit Fund III and related separately managed accounts, with commitments totaling $765 million.

Harlan Capital Partners: $130 Million Closed For Special Opportunities Fund V

By Amit Chowdhry ● Jun 12, 2024

Opportunistic private credit investment firm Harlan Capital Partners announced the closing of Harlan Special Opportunities Fund V LP (HSOF V) and its associated vehicles, raising about $130 million. This new funding surpasses the predecessor HSOF IV, which raised approximately $115 million.

Blackford Capital Buys Industrial Automation Leader PACIV

By Amit Chowdhry ● Jun 11, 2024

Blackford Capital, a leading lower middle market private equity firm, announced the acquisition of PACIV - which specializes in industrial automation solutions. PACIV is a leading full-service provider of industrial process automation and systems integration primarily for manufacturers in the pharmaceutical and life sciences industries.

StepStone: Secondaries Fund VI Closes With $3.3 Billion In Commitments

By Amit Chowdhry ● Jun 10, 2024

StepStone Group - a global private markets investment firm focused on providing customized investment solutions, advisory, and data services - announced that it has raised $3.3 billion for StepStone VC Secondaries Fund VI, L.P. (VSF VI), which is the firm’s sixth secondaries fund focused on opportunities in the venture capital asset class.

Permira: Substantial Investment In PharmaCord Revealed

By Amit Chowdhry ● Jun 10, 2024

Global investment firm Permira and PharmaCord, a leading provider of patient services for the pharmaceutical industry, announced that a company backed by the Permira funds has signed a definitive agreement to make a substantial investment in PharmaCord.

Bain Capital Buying PowerSchool For $5.6 Billion

By Amit Chowdhry ● Jun 10, 2024

PowerSchool, a leading provider of cloud-based software for K-12 education, announced that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the company at $5.6 billion.

Vici Media: Significant Growth Investment Raised From Rockbridge Growth Equity

By Amit Chowdhry ● Jun 8, 2024

Rockbridge Growth Equity, a partnership-oriented middle market private equity firm with a differentiated approach to building and growing companies, announced that it has made a majority investment in Vici Media, a provider of white label digital marketing and advertising solutions. The terms of the transaction were undisclosed.