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PE Investors Are Making Bigger Bets In Asia's Health Care Sector

A sector considered a safe bet for fund managers, healthcare has typically garnered great returns for fund managers. Consider 2018 that turned out to be the most active year for the Asia Pacific region.
Read by 38% of LPs 1 hour, 43 minutes ago

Anzu Partners Launches Second Vc Fund For Breakthrough Industrial Technologies

SAN DIEGO, Calif., April 18, 2019-- Anzu Partners, a venture capital and private equity firm that invests in breakthrough industrial technologies, today announced that it has launched its second fund, Anzu Industrial Capital Partners II L.P. and AICP II Limited, targeting $150 million USD (Anzu Industrial Fund II). Similar to Anzu's first fund, which closed in December 2017 at $128 million USD, Fund II is investing in U.S. and Canada-based private industrial technology companies that innovate in manufacturing, materials, monitoring & measurement, and modeling.
Read by 80% of LPs 1 hour, 43 minutes ago

Pink Lily Boutique Receives Growth Equity Investment

Minority stake investment will support continued rapid growth through expanded product offerings and talent acquisition BOWLING GREEN, Ky., April 18, 2019-- Pink Lily, one of the fastest-growing online fashion retailers in the country, announced today that it has received a significant minority investment from private equity investors focused on partnering with fast-growth e-commerce businesses. The investment will be used to expand Pink Lily's product offerings, attract and acquire additional talent and support operations to capitalize on the company's current growth opportunity.
Read by 32% of LPs 10 hours, 13 minutes ago

Warburg-backed Stellar Value Chain Buys Logistics Firm Patel Roadways

US private equity firm Warburg invested $125 million in the company in 2016 for a majority stake. The post India: Warburg-backed Stellar Value Chain buys logistics firm Patel Roadways appeared first on DealStreetAsia.
Read by 68% of LPs 12 hours, 13 minutes ago

Health Tech Investor Igan Partners Closes First Fund At $100M

Canadian healthcare technology venture capital firm iGan Partners has secured $100 million in the final close of its first fund, iGan Fund I. The fund was backed by family offices and high-net-worth [...]
Read by 46% of LPs 12 hours, 43 minutes ago

Pe/vc Investments Hit $35B In 2018: Ey Report - The Financial Express

Private equity/venture capital (PE/VC) investments in India reached an all-time high of $35.8 billion in 2018, witnessing an increase of 37% in value terms compared to the year before, according to a report by EY.
Read by 31% of LPs 14 hours, 13 minutes ago

Zoom Soars To $16B Value In Stock Market Debut

Zoom Video Communications Inc. soared in its trading debut to more than 16 times its last private valuation and making a billionaire of its founder. Shares of the San-Jose based video-conferencing service opened at $65 each, after Zoom sold 20.9 million shares Wednesday to raise $751 million in its U.S. initial public offering--the fourth-biggest of the year. Zoom, which rose as much as 83 percent above its IPO price, was up 76 percent to $63.20 at 1:38 p.m. in New York, valuing the company at $16.2 billion.
Read by 43% of LPs 14 hours, 43 minutes ago

Conocophillips To Sell Uk Assets For $2.675B To Chrysaor

Houston-based ConocoPhillips is selling its two UK subsidiaries to private equity-backed Chrysaor E&P Limited for $2.675 billion plus interest. : Houston-based supermajor ConocoPhillips is selling its two UK subsidiaries to private equity-backed Chrysaor E&P Limited for $2.675 billion plus interest, the company announced Thursday. The subsidiaries hold ConocoPhillips' UK exploration and production assets as well as decommissioning liabilities. There was talk of ConocoPhillips selling its assets to Chrysaor in early April. This comes after ConocoPhillips failed to sell the assets to UK-based chemicals company Ineos last year.
Read by 58% of LPs 16 hours, 43 minutes ago

Tpg's James Coulter Passed On Juul For Ethical Reasons

It's not always about the money. TPG Capital, one of the largest private equity firms in the world, boasts a portfolio replete with tech giants like Uber and Airbnb. But after mulling over the opportunity to invest in Juul, it passed.Read Full Story.
Read by 34% of LPs 16 hours, 43 minutes ago

Blackstone To Convert To A Corporation As Assets Top $500B

Blackstone plans to convert to a corporation from a publicly traded partnership, a step that opens up the stock for inclusion in indexes, after watching two rivals benefit from the move.
Read by 53% of LPs