Private Equity

Coronavirus

Adagio Therapeutics racks up $50m Series A

Waltham, Massachusetts-based Adagio Therapeutics Inc, a developer of antibodies for coronaviruses, has raised $50 million in Series A financing.

1 min read · 17 July 2020

Instead of pulling back amid coronavirus, late-stage funding swells in H1

More than $46.8bn poured into late-stage deals in H1 so far, which is up 10% from H1 2019 and operating full steam ahead.

3 min read · 16 July 2020

As proving MAE remains huge undertaking, Advent snags Forescout at a discount

While the highly anticipated MAE trial is called off, Advent's revised agreement for Forescout narrows from $1.9bn to to $1.43bn.

4 min read · 16 July 2020

PCI Pharma, backed by Partners Group, Frazier Healthcare, kicks off sales process, Hamilton Lane CEO says LPs learned lesson of past crises by staying the course with PE, PSP's Scudellari takes charge of supersized PE, private debt portfolio

Some PE-backed portfolio companies adjust their operations to help out in the fight against COVID-19 and Wellspring's CEO takes a leave of absence following an accusation of sexual assault leveled against his son.

3 min read · 15 July 2020

Tim Draper invests in social distancing airline seats startup Zephyr Aerospace

New York City-based Zephyr Aerospace, a social distancing-compliant airline seats startup, has raised an undisclosed amount of funding.

1 min read · 14 July 2020

VC firm Rokk3r Fuel unapologetic about its push for PPP loans

While some investors worried about public criticism, thousands of VC-backed companies took money from the government's loan program. Rokk3r Fuel is one of the firms that advised all portfolio companies to apply for PPP.

3 min read · 14 July 2020

Grooming tech to keep hospitals clean

A bevy of start-ups in recent years have emerged to help disinfect all aspects of hospitals, from handwashing to patient rooms to healthcare devices. This seemed like a novel idea before covid-19, but it’s essential now.

8 min read · 13 July 2020

Will coronavirus lead to an increase in club deals?

Perceived challenges in the debt markets this year and the uncertainty around the route back from covid-19 makes group deals a viable alternative, writes Mayer Brown's James West.

4 min read · 09 July 2020

HKW pushes to grow Fresh Direct, closes third add-on

The PE firm attempts to build out a pandemic-resilient distributor.

2 min read · 08 July 2020

Stemming the covid-19 tide: PE-backed fashion tech firm makes personal protective equipment

Featuring PE-backed businesses that rethought their operating models to pivot out of the crisis.

2 min read · 08 July 2020

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