Commentary

Owl Rock appoints co-heads for opportunistic strategy, Stellex Capital in market with sophomore fund, KKR commits $1bn to develop data center platform

KKR commits $1 billion to develop a data center platform and Stellex Capital seeks to raise $1.25 for its second fund.

Carlyle's Eggplant Software finds PE buyer, Stone Point to back strategy launched by ex-Park Hill secondaries advisory chief, CVC buys stake in Pro 14 league

Keysight Technologies is acquiring Carlyle-backed Eggplant Software and Liquidnet goes on the block.

Private equity nears deal for Central Logic, Searchlight Capital collects more than $3bn for Fund III, Texas A&M hires ex-Texas Teachers exec as CIO

A private equity firm is close to buying Central Logic and Spectrum Equity wraps up a big fund.

Why some GPs are obsessing over PIPEs, Bain Tech backs Hudl as pandemic boosts online sports engagement, DeVos family investment firm to shop ~$1bn private equity portfolio

Ottawa Avenue Private Capital preps to unload $1 billion of PE interests and Costello exits Park Hill Group.

Remote dealmaking: CD&R sells naviHealth after less than two years, Francisco Partners' QGenda hits the auction block

Not all PE firms are postponing exits as evidenced by CD&R's sale of its stake in naviHealth.

Forescout to sue Advent for walking from deal agreement, CD&R reaps 2.5x on naviHealth exit, Secondaries deal flow picks up with 'highly motivated sellers'

A scuttled buyout gets hit with litigation and CD&R makes good coin from exiting naviHealth.

Advent attempts to break $1.9bn Forescout Technologies deal, OMERS PE exec Hami Ebrahimi to join H&F portfolio company, Charlesbank invests $70m in Cyberbit

Advent stalls its take-private buyout of Forescout while Carlyle and GIC may be able to walk away from a deal with American Express GBT.

Francisco Partners explores sale of scheduling software company QGenda, H.I.G. Capital targets $1.25b for challenging situations, HGGC co-founder Rich Lawson on holding virtual annual meetings

A new study shows the effects of the coronavirus meltdown on deals and H.I.G. Capital seeks to raise $1.25 billion for a new fund focused on challenging situations.

GPs sees consolidation opportunities coming out of the downturn, EIG raises $2.6bn for fifth fund platform, Cohere Capital closes debut fund on $200m

More deals could come from the downturn and EIG racks up $2.6 billion for new fund.

Covid: private techquity’s tipping point

This is the year when technology changes from being an enhancement to the PE process to being an inseparable part of it.