The Carve-Out | HSBC AM’s new credit strategies, Warburg Pincus makes AU housing bet, AustralianSuper’s $1.1bn loss
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This week in private equity
?? TA Associates and Montagu have agreed to become co-controlling shareholders of Harvest, a FinTech owned by Five Arrows LLC . Read more ?
2?? HSBC Asset Management has added two new strategies to its private credit platform – Global Transition Infrastructure Debt and European Senior Direct Lending. Read more ?
?? Vista and Summit are considering the sale of financial software provider Trintech – valuing the company at around $2bn. Read more ??
?? Apax is set to acquires a controlling stake in supply chain risk management solutions firm Veriforce from Thoma Bravo . Read more ??
?? Newly established CCS Partners has already raised $4bn in capital commitments since its launch earlier this month, Bloomberg reports. Read more ??
?? Warburg Pincus LLC has partnered with MA Financial Group to launch an AUD1bn investment vehicle – a strategic move into the Australian housing market. Read more
The week in numbers
?? $100bn – the potential valuation for OpenAI based on ongoing talks for a $1bn funding round, led by Thrive Capital, Wall Street Journal reports. Read more ?
?? $4bn+ – the target raise for Pemberton’s latest opportunistic credit fund, also reported by Wall Street Journal. Read more ?
领英推荐
? $2.7bn – funds raised at close by LS Power Group, a manager focused on the North American power and energy infrastructure sector, for its latest fund. Read more ?
?? $1.1bn – AustralianSuper’s largest ever single VC loss, incurred on US-based online education start-up plurasight, written off in equity and loans. Read more ? ?
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