Private Equity


Traditional Asset Managers March To Private Equity

According to McKinsey Global Private Markets just-released review, “A year of disruption in private markets”, despite fundraising volatility because of Covid, global private markets assets grew 5 percent in 2020, bringing total global private markets assets to over $7 trillion. And private equity continues to lead with nearly half of private markets assets.
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Buy Tech, But Not the Big Boys, and Use Private Equity, UBS Says

Tech stocks are regaining a bit of the old momentum, with a 7.6% bounce off their most recent slump, since early May. But UBS cautions investors not to be sucked back into these shares. It’s better, the bank advised, to invest in tech through private equity (PE), which means not...
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Top 9 Equity Crowdfunding Sites for Investors & Entrepreneurs

Equity crowdfunding is one of the most popular nontraditional startup financing options for early-stage businesses because it offers a compelling win-win proposition for investors and founders. Equity crowdfunding platforms like the ones on this list give risk-tolerant investors access to equity offerings that, if the companies making them find success,...
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Apex Group gains investment from TA Associates

Private equity firm TA Associates has made a significant minority investment in financial services provider Apex Group. Apex is majority-owned by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries. Founded in Bermuda in 2003 by CEO...

10 Most Read ChannelE2E News Stories: 18 June 2021

This week’s 10 most read channel and MSP news stories, columns, blogs, editorials and research involved:. 10. Private Equity Acquires Azure MSP: Why Apax Partners purchased Infogain…. 9. Cohesity IPO?: Speculation that the data protection software provider will soon launch an IPO continues. 8. Sherweb Launches ITSM for MSPs: The...

Oil and Gas Investor’s Capital Formation: Clearing the PE Logjam

[Editor's note: A version of this story appears in Capital Formation 2021, a supplement to Oil and Gas Investor magazine.]. The energy private equity secondary market’s transaction standstill is estimated to be $2 billion to $3 billion annually, and several challenging steps from all secondary market participants will be required to eliminate the impasse. Underpinning any progress is an accelerating fossil fuel divestment trend. A small liberation of the market could cause a wave of transactions, enabling the quicker achievement investment goals and objectives for sellers and a potential rewarding gain for patient, long-term buyers.

SGSS Italy wins depositary bank mandate from Clessidra Private Equity

SGSS Italy wins depositary bank mandate from Clessidra Private Equity. Societe Generale Securities Services (SGSS) Italy has been appointed as depositary bank by Clessidra Private Equity SGR. As part of the mandate, SGSS will provide depositary bank services for the new reserved closed-end alternative investment fund called Clessidra Capital Partners...
Medical & BiotechFiercePharma

Danaher strikes $9.6B buyout for next-gen contract manufacturing player Aldevron

Looking to make a big splash in the next-gen pharma manufacturing market, Danaher has laid out $9.6 billion to buy leading contract manufacturer Aldevron. Aldevron, founded in 1998, is a global player in production of plasmid DNA, mRNA and recombinant proteins used in vaccines, gene and cell therapies, and more. The products have become increasingly popular in recent years, straining many segments of the global supply chain.

PSP expands total portfolio approach

In just 20 years the Canadian fund PSP Investments has grown to more than $200 billion. As it enters its next five year strategy, Amanda White spoke to CIO Eduard van Gelderen about the next phase of portfolio management and the development of its total portfolio approach including assessing and allocating investments on a sector basis.
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Blackstone offers $3.05 billion for office developer Soho China

(Reuters) - Office developer Soho China Ltd on Wednesday said it received a takeover offer from private equity giant Blackstone Group for HK$23.66 billion ($3.05 billion). The company said its listing on the Hong Kong stock exchange would be maintained after the offer is closed. ($1 = 7.7620 Hong Kong...

7 Promising Equity Crowdfunding Opportunities Looking to the Future

Equity crowdfunding in the U.S. started in 2016 as a means for the ordinary person to invest in venture capital deals with as little as $10. Since then, the landscape has changed significantly, with transactional value reaching $4.68 billion in 2020. Businesswire projects equity crowdfunding to grow at a rate of 16% year over year for the next five years as popularity increases among both investors and start-ups.

Ellucian, McGraw Hill acquired in private-equity deals

Education vendors Ellucian and McGraw-Hill changed hands this week in a series of private-equity deals as the edtech market continues to grow. McGraw-Hill, a leading provider of textbooks and other learning resources and textbooks to both K-12 schools and higher education, was purchased by Platinum Equity for $4.5 billion from its previous owner, Apollo Funds, according to a news release Wednesday.

Ever Considered Switching to Private Market Investments?

Allocating to the private markets can enhance returns, lower volatility, and achieve diversification outside of the public markets. In the recent webcast, Inviting You Inside the Private Markets: Invest Alongside the World’s Largest Institutions, Neil Menard, President of Distribution, Conversus, explained that Conversus is a private wealth management business of StepStone Group that leverages StepStone’s deep expertise across the private markets to build innovative investment opportunities using an investor-centric approach. The senior Conversus team has extensive experience establishing vehicles that offer high net worth investors and small institutions the ability to better-diversify their portfolios by accessing high quality private market opportunities.

Sabre Sale of Tech Firm Airpas Aviation Gives Opening to Private Equity

Sabre wins from the sale of tech vendor Airpas because it represents more progress in a multi-year streamlining of its portfolio. The airline industry might also win if Airpas’s new merger with another tech company represents a wave of better cost management tools. More travel executives get their mission-critical industry...
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Private equity firm takes £250m stake in UK holiday park operator

A private equity group is paying £250 million to take a majority shareholding in UK holiday park operator Away Resorts. Away Resorts runs nine parks in UK holiday destinations, including Tattershall Lakes in Lincolnshire and Sandy Balls in the New Forest, welcoming almost 200,000 holidaymakers a year. The move comes...

BlackRock to FAs: Put 20% of Client Portfolios in Private Markets

BlackRock is telling financial advisors to move away from the traditional 60/40 stock/bond portfolio and to mix in some private equity, according to news reports. The company believes that allocating up to 20% in private markets would result in better outcomes, Martin Small, head of U.S. wealth advisory, said last week at BlackRock’s Investor Day conference, according to FA-IQ sister publication FundFire.

Electra to hand off TGI Fridays to Hostmore

Electra Private Equity has announced that holding company will take over as the parent company of TGI Fridays. Electra, which bought the UK franchise of the US restaurant brand in 2014, will demerge Fridays and cocktail bar brand 63rd+1st to Hostmore by the end of Q3, with the hospitality brands then listing on the London Stock Exchange.