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Intel

New Mountain Capital, a New York-based private equity firm with $50bn in AUM, has acquired a majority stake in the US arm of Grant Thornton, the third largest accounting firm in the US outside of the Big Four – Deloitte, EY, KPMG, and PwC.

Intel

Private equity firm Platinum Equity has hired advisers from investment bank Goldman Sachs in exploring a sale of golf cart manufacturer Club Car that could value the company at more than $2bn, including debt, according to a report by Reuters citing unnamed sources. 

Intel

French private investment firm Ardian has completed the acquisition of the entire share capital of Verne, a data centre platform headquartered in the UK and diversified across Northern Europe, from investment trust Digital 9 Infrastructure, in a deal worth up to £450m.

Intel

Paris-based private equity firm Andera Partners has agreed to sell its portfolio company, Amolyt Pharma, a global biopharmaceutical company specialising in developing therapeutic peptides for rare endocrine and related diseases, to British-Swedish multinational pharma AstraZeneca, in a deal worth up to $1.05bn.

Awards

The winners of the the Private Equity Wire US Emerging Manager Awards, which recognise excellence among private equity emerging fund managers and service providers, were announced at an exclusive ceremony and networking event today (13 March), at Convene 101 Park Avenue, New York.

Intel

Goldman Sachs Asset Management plans to expand its private credit portfolio to $300bn in five years from the current $130bn, according to a report by Reuters citing Marc Nachmann, Global Head of Asset & Wealth Management at the multinational investment bank. 

Intel

European mid-market private equity firm Inflexion has closed the Inflexion Partnership Capital Fund III at its £1.75bn hard cap, making it the largest dedicated minority fund in Europe and 75% larger than its £1bn predecessor fund. 

Intel

Private equity firms can capitalise on opportunities for modernisation, digitalisation and consolidation in the wealth management sector, according to Christian Kent, a Managing Director in global investment bank Houlihan Lokey’s fintech group, who last month advised on CBPE Group’s sale of Perspective Financial Group to Charlesbank.

Intel

Swiss private equity investment firm Partners Group is weighing up the options for its portfolio company VSB Group including a sale of the Germany based renewable energy company, according to a report by Reuters.

Q&A

For International Women’s Day this year, Private Equity Wire spoke to Meryem Bensaid (pictured), a Principal at Blackstone, and Private Equity Wire’s sister title Hedgeweek spoke to Trudi Usher Boardman, Head of Hedge Funds at Pictet Alternative Advisors.

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16 May, 2024 – 8:30 am

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