The Carve-Out | SEC adopts FormPF changes, Tiger takes a big hit, Advent closes Maxar deal
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This week in private equity
?? Certain fund terminations, and adviser-led secondary transactions are among the ‘events’ that PE fund advisors will have to report to the SEC after the regulator voted to adopt a series of amendments to the current FormPF regime...?Read more ?
?? Advent International is flying high having completed the take-private of space tech and satellite specialist Maxar in a deal that values the business at $6.4 billion...?Read more ?
?? Hedge fund Tiger Global’s $12.7 billion tech-focused VC fund is down by a whopping 20% since launching in October 2021 after being hit hard by a decline in valuations... Read more ?
?? And speaking of PE portfolio co-valuations, they’re still too high, according to Edwin Conway, global head of BlackRock Alternatives, which means exits are proving problematic... Read more ?
?? Genstar Capital, has raised a bumper $12.6bn for its 11th flagship fund, which will?focus on investments in targeted segments of the financial services, healthcare, industrials, and software industries... Read more ?
? Investindustrial meanwhile, has held its own billion dollar-plus fund closing, raising €1.1 billion for Investindustrial Growth III, which will target investments in European lower mid-market companies with “strong internationalisation potential”... Read more
The week in numbers ?
?? 181 – The number of UK businesses acquired by US PE firms in 2022, a 35% increase on the previous year...?Read more ?
领英推荐
?? $400m – the value of Q1 US private equity and venture capital investments in mainland China, an 86% fall from the $3.03 billion seen in the same period in 2022...?Read more ?
?? 46% – the year-on-year growth in the volume of African private capital markets deals in 2022...?Read more ?
?? 2 – The number of new executives hired by Greenwich, Connecticut-based PE firm Great Point Partners for its new London office... Read more ?
Latest Private Equity Wire research ?
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