Dealmaking

Friday Letter: What it means when you see a Tiger in an early round

With Tiger Global making dozens and dozens of bets so far this year, including the seed round for Blair, early-stage investors are wondering how will this impact them and their portfolios.

Apax backs CyberGrants as philanthropy software comes in focus for PE

This past year has seen a boost in grants as the global pandemic and social justice issues increased the need for donations in society, according to Jason Wright of Apax.

Ex-KKR exec Momtazee’s new shop, Patient Square, makes first deal, VSS reaps 4.5x return on sale of Tax Credit Co

Ex-KKR exec Momtazee’s new shop, Patient Square, makes first deal.

VSS makes over 4.5x its money on TCC sale

The PE firm owned the tax credit company for almost a decade.

Patient Square Capital leads $145m financing in debut deal

Apollo's multi-product therapeutic portfolio is a healthcare model Patient Square execs like and know well, with founder Jim Momtazee having invested behind likeminded playbooks at Jazz Pharmaceuticals and BridgBio during his days at KKR.

Harvest takes victory lap for Berkshire Partners' Affordable Care, Ex-THL investor Laura Grattan to join first-timer Crosspoint, PE hiring on the up

Affordable Care goes to Harvest and Crosspoint Capital grows its roster.

More hiring, stable comp and better pay for ethnically diverse investors

Top candidates consistently have at least two offers in front of them – and the competition is even fiercer for diverse candidates, Heidrick and Struggles's Jonathan Goldstein tells PE Hub.

Harvest Partners wins auction for Affordable Care

Berkshire Partners' Affordable Care scores a valuation of some $2.7bn as technology adoption, future M&A opportunities and a large and growing tooth replacement market present a favorable backdrop for the specialist DSO.

Ex-THL software investor Laura Grattan joins first-timer Crosspoint Capital

Grattan brings vast software investing experience from THL, where she was involved with deals including Nextech, Alfresco Software, iHeartMedia, Juvare, inVentiv Health, Univision Communications, and West Corporation.

Cryptocurrency may not be ESG compliant, but its moment is yet to come

Investors are contemplating bitcoin’s current ESG compliance. But for Keiretsu Capital, Mercury Fund and others, the focus is on the currency’s future ESG potential.