Dealmaking

HKW pushes into tech investing, adding veteran banker Jeff Bistrong

Bistrong, following 30 years as an M&A advisor in the technology sector, including 18 years at Harris Williams, joined HKW in April.

PA SERS appoints Kelly as CIO

Pennsylvania State Employees’ Retirement System has named Seth A. Kelly as its new chief investment officer.

Great Point Partners makes 3.8x its money on Citra Health, AE Industrial looks to the stars as it builds space-tech platform, Volcker limits rolled back on some PE fund investing

PE secondary market activity seems to be building under the surface while Great Point Partners gets a hefty return on its sale of Citra Health Solutions.

Carlyle buys back Unison, finding comfort in business resilience

While Carlyle is now coming in at a much higher valuation, the investment is logical from a risk-adjusted perspective and considering Unison’s growth potential, says the firm's Michael Gozycki.

Great Point Partners makes 3.8x its money on Citra 

GTCR’s Cedar Gate buys Citra, whose software helps healthcare providers and payers transition to value-based care – a trend poised to accelerate amid the downturn.

AE Industrial looks to the stars as it builds a space-tech platform

The PE firm recently bought Made in Space to build out its newly launched platform Redwire.

Private Equity Jobs of the Week: LLR Partners, Apollo and Goldman Sachs are hiring

This week’s jobs include a VP at LLR Partners and associates at Apollo and Goldman Sachs.

Banks find ways to compensate summer interns for shorter programs, LPs rush to Thoma Bravo funds despite lack of hurdle rate, Carlyle acquires software provider Unison

Thoma Bravo is targeting $16.5 billion for its fourteenth fund and banks are shortening their summer internship programs while still paying participants.

KKR’s Asia head: We need to adapt to the new geopolitical environment

Geopolitical tensions, talk of decoupling and reshuffling supply chains are the private equity giant's biggest concerns, its head of Asia-Pacific tells PEI.

Fintech saw a drop in deals and funding in Q1 but not for everyone

While fintech saw the lowest funding total in three years, many investors focused on the sector saw strong dealflow and accelerated trends.