Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
Growth capital firm VT partners, which was co-founded earlier this year by a 12-year Carlyle veteran, will look to pool its resources and network with the US-based cyber-security focused VC firm.
Head of IR management Laura Coquis said including a status quo option was vital to the success of the BC Partners' GP-led process.
The deal involves the Polish private equity firm's 2010-vintage fund and investors have the option to sell or roll over into a new vehicle.
The Apax and Bridges co-founder wants 100 pension funds and endowments to allocate 5-10 percent of their assets to impact investing.
The lower- and mid-market-focused firm had hired Greenhill Cogent to work on a tender offer process on its 2009-vintage fund.
As funds come to the end of their lives with considerable remaining NAV, secondaries investors have upped their pursuit of tail-end deals.
Solid growth in the fund’s agriculture and infrastructure PE holdings helped drive net profit of $44m.
This follows the seventh and final investment in its first co-investment vehicle, which raised €100 m.
The healthcare-focused firm, run by former 3i executives, completed fundraising in four months.
AESF VI will be nearly double the size of its predecessor, according to a document seen by sister publication Secondaries Investor.