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Intel

BC Partners Credit launches $2bn successor fund

BC Partners Credit, the $8.7bn credit platform of BC Partners, has launched Great Lakes III, the latest iteration of its middle-market direct lending strategy developed in partnership with Great Lakes, according to a report by Bloomberg.

Bain and Cinven revisit IPO for Stada

Bain Capital and Cinven are resuming IPO preparations for German pharmaceutical company Stada Arzneimittel, following a pause in sale discussions with CapVest Partners, according to a report by Bloomberg citing sources familiar with the matter.

Apollo targets $4bn AUM in India amid private credit surge

Apollo Global Management is aiming to double its India assets under management to $4bn within the next three years, as the global alternatives giant accelerates deployment in the country’s rapidly expanding private credit market, according to a report by Bloomberg.

Thoma Bravo to acquire Dayforce for $11.2bn

Private equity giant Thoma Bravo has agreed to acquire Dayforce in a deal valued at $11.18bn ($12.3bn including debt), according to a report by Reuters citing a company statement issued by the human capital management software provider on Wednesday.

Thompson Street Capital Partners exits DDC Solutions

Thompson Street Capital Partners (TSCP), a St Louis-based private equity firm, has sold its portfolio company, DDC Solutions, to Daikin Applied, a subsidiary of Japan-headquartered HVAC manufacturer Daikin Industries.

TPG backs launch of Vanara Capital

TPG has announced a strategic partnership with Vanara Capital, a newly launched investment management firm focused on growth-stage technology opportunities, according to a report by Bloomberg.

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