Buyout firm Thomas H Lee Partners has agreed a deal to acquire a majority stake in US-based fund administrator Standish Management that values the business at around $1.6bn, including debt, according to a report by Reuters.

Funds managed by KKR are to lead a $190m Series C fundraising round in MUSINSA, one of Korea’s leading online fashion marketplaces, with participation from independent investment management firm Wellington Management. Founded in 2001 as an online leisure shoe community, MUSINSA today features more than 8,000 local and foreign designer

Global alternative investment manager Ares Management Corporation is to acquire 100% of Crescent Point Capital, an Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of 31 March 2023.

Software-focused private investment major Thoma Bravo has closed a strategic growth investment in Bluesight, a provider of pharmacy software solutions, to support the company’s acquisition of Medacist, a specialist in drug diversion monitoring. Financial terms of the transaction, which will see current Bluesight investor New Leaf Ventures remain invested in

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, has teamed up with Polish private equity investor Cornerstone Investment Management, to acquire Ecowipes Group, a producer of biodegradable wet wipes and other personal hygiene products.

Samos Energy, a newly formed upstream energy investment platform, has made its first acquisition with a deal to acquire 100% of the shares of the PetroFirst Infrastructure companies from Petrofac and funds managed by BlackRock Infrastructure. 

HIG Capital, a global alternative investment firm with $57 billion of capital under management, has sold its portfolio company Riveron, a business advisory firm, to affiliates of Kohlberg & Company.