The Hong Kong-based venture capital firm that spun out of Softbank has beaten an original $400m target to raise $643m, luring a raft of new international investors.
Adam Blumenthal and Josh Wolf-Powers, former investment professionals for the Comptroller of the City of New York, have left the pension advisor to launch an independent private equity firm that will focus on ‘complex situations’.
Josh Cleveland, a vice president of Swiss/US asset management firm Capital Dynamics, has joined pioneering private equity real estate secondary specialist Liquid Realty.
Toronto’s Teachers’ Private Capital and Los Angeles’ Ares Management have agreed to acquire a majority stake in National Bedding, the major manufacturer of Serta mattresses, the third largest mattress brand in the US.
Debt and distressed player GSC Partners is launching a hedge fund – and picking up two distressed pros to help. By Aaron Lovell.
The UK mid-market firm has paid £85m to acquire nine hospitals as the basis of a new private hospital chain, Classic Hospitals, which will be the fifth largest in the UK.
The Sydney-based buyout firm has A$950m of fresh capital at its disposal after a fundraising that saw the firm successfully target European investors for the first time.
Global private equity firm The Carlyle Group has closed its fourth real estate fund on $950m.
The Silicon Valley venture heavyweight has teamed up with Bangalore-based Westbridge Capital to acquire a 15 percent stake in the online portal of India’s largest publishing group.
The Carlyle Group is acquiring SS&C Technologies for $941m, with an eye towards expansion.