Private Equity
MiddleGround saw an opportunity to raise an interim fund after its investments in Dura Automotive Systems and Shiloh Industries, both of which required large equity checks.
2 min read · 29 October 2020
Growth in its Asia and US buyouts funds boosted the PE giant's third-quarter earnings from its corporate private equity portfolio.
3 min read · 29 October 2020
The crisis has been worse for smaller, more specialized managers, said Michael Arougheti during an earnings call on Wednesday.
2 min read · 29 October 2020
The fundraising total includes $460 million in LP commitments and a $180 million GP commitment.
2 min read · 29 October 2020
CEO Jeffry Brown, a former Dyal Capital Partners principal, expects to see bolt-on strategies in use over the next five years, especially as mid-market firms increasingly transact with GP stakes funds.
3 min read · 28 October 2020
The firm saw ‘renewed momentum’ on the deal side in the third quarter, and more than $15bn of inflows across asset classes, including $2.3bn for Blackstone Growth.
3 min read · 28 October 2020
Lightsmith, formed by ex-Siguler Guff executive Jay Koh, pursues growth investments in businesses taking on the challenges created by climate change.
3 min read · 27 October 2020
Ascend was founded in 2019 by In Seon Hwang, formerly global head of healthcare at Warburg Pincus, and Richard Park, ex-CEO of Warburg portfolio company CityMD.
2 min read · 27 October 2020
The firm expects a final close in early 2021.
2 min read · 26 October 2020
Blackstone Core Equity Partners II is the largest long-term private equity vehicle ever raised, in an increasingly competitive market.
3 min read · 26 October 2020