H.I.G. Capital has raised $970 million for its third growth buyout fund. H.I.G. Growth Buyouts & Equity Fund III's limited partners include foundations, endowments, public and corporate pensions, consultants, [...]
Artivest has named Kamal Jafarnia as general counsel and chief compliance officer. Previously, he worked at W.P. Carey where he was senior vice president. Artivest's backers include KKR, Thiel Capital, Genstar [...]
Acadia, which operates a network of nearly 600 behavioral health-care facilities with approximately 17,800 beds in 40 states, has been approached by private equity firms KKR and TPG Global, among others, according to Reuters.
Buyouts Insider/Argosy Group LLC produces several free newsletters that are sent directly to the email you provide at registration (namely, PE Hub Wire, PE Hub Canada Wire, PE Hub Wire Top Story of the Week, Buyouts Daily, and VCJ Alert). To enable us to keep providing these services free of charge, we reserve the right to contact you with special invitations to sample or purchase private equity-related products. By submitting this free subscription request for any of these products, you are also consenting to this communication.
Goldman Sachs and an investment firm set up by billionaire Michael Novogratz have invested in BitGo,...: Goldman Sachs and an investment firm set up by billionaire Michael Novogratz have invested in BitGo, a startup promising to help institutional investors securely store their cryptocurrency.
Solar Capital Partners LLC has closed its private credit funds at over $750 million. The funds, SCP Private Credit Income Fund LP and SCP Private Credit Income BDC LLC, will invest in U.S. middle market companies [...]
French private equity firm Astorg on Wednesday said it had reached an agreement to acquire a majority stake in health devices manufacturer Nemera from Montagu Private Equity, with Nemera to be jointly controlled [...]
Acadia Healthcare Co Inc, a U.S. operator of behavioral health centers, is in talks with private equity firms about selling itself after attracting buyout interest, people familiar with the matter said on Thursday.
Private-equity and venture-capital groups across Europe raised $52.4 billion (or EUR45.6bn) in the first half of 2018,: Private-equity and venture-capital firms saw a 40% spike in the first six months of 2018, compared with the second half of 2017, according to Invest Europe Private-equity and venture-capital groups across Europe raised $52.4 billion (or EUR45.6 billion) in the first half of 2018, a 40% increase from the second half of last year, as yield-starved investors continued to search for higher returns in a low-interest-rate environment.
Names on the move ahead of the open. : Travelers - The insurer reported quarterly profit of $2.54 per share, beating the consensus estimate of $2.26 a share. Revenue also topped Wall Street forecasts. Travelers saw growth in both personal and business insurance, as well as strong retention numbers. Blackstone - The private-equity firm's economic net income beat Street forecasts by 2 cents a share at 76 cents per share, while revenue was above estimates, as well. Assets under management surged 18 percent from a year ago to a record $457 billion.