Providence Equity Partners related stories
All articles and analysis
CalSTRS GPs divided over fee disclosureThe pension has to ask funds it invested in before 2017 if it can make their fees and expenses public, and almost half said no.
TA Associates holds ‘one-and-done’ on largest growth equity fund this yearFund XIII is 60% larger than its predecessor and was raised in a matter of months.
- Payrix garners $22 mln
Payrix Payments Technology, a technology platform for flexible payments, has secured $22 million in funding. The lead investor was Blue Star Innovation Partners, a fund founded by Dallas Cowboys owner Jerry Jones, the Jones family and entrepreneur Rob Wechsler and Providence Strategic Growth, the growth equity affiliate of Providence Equity Partners.
Sector specialisation: Long delayed in Europe, now gaining tractionAs the evolving PE landscape poses challenges for generalists, will sector specialists finally come to the fore in Europe, asks Monument Group's Janet Brooks.
How to avoid conflicts in stapled secondaries dealsFull disclosure and fairness opinions are the best ways to mitigate potential conflicts of interest in stapled deals.
Brookfield’s union with Oaktree: GDAM, they want creditWith the addition of Oaktree, a respected credit business, Brookfield has shown how debt investing has risen to prominence post-global financial crisis and become crucial for being a global diversified asset manager.
Side Letter: Japan's $18bn fail, Providence at pace, operator-led GPsWhile PE folk gather in NYC to discuss responsible investment, officials in Japan are wondering where it all went wrong for an $18 billion fund. Here’s today's brief, for our valued subscribers only.
Providence seeks $2bn for latest growth fundThe firm is back in market just eight months after it closed its third growth fund, which is already 90% deployed.
- Jobcase raises $100 mln led by Providence Equity Partners
Cambridge, Massachusetts-based Jobcase, which operates a platform for the blue-collar-oriented workforce, announced it raised $100 million in growth equity led by Providence Strategic Growth. The company last year closed an $11.5 million round led by Providence and has now raised about $118 million total. Jobcase was founded in 2015 by Frederick Goff, a onetime trader and hedge fund manager who previously was CEO of Percipio Capital Management.