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Intelligence

LA Fire & Police makes $190m alts allocation

Los Angeles Fire & Police Pensions has committed an additional allocation totalling $190 million to four alternative investment funds, according to a report by Pensions & Investments Online.

Bain & Company appoints co-head of Asia Pacific PE practice

Bain & Company has appointed Sebastien Lamy as co-head of the firm’s private equity practice in Asia Pacific. With over 20 years of consulting experience in the company, Lamy specialises in growth and portfolio strategy, fund strategy, M&A advisory and due diligence, and innovation.  Most recently, he was leader of

KKR Flag

KKR to acquire S&P Global’s engineering solutions unit

S&P Global is to sell its Engineering Solutions business to investment funds managed by private equity giant KKR, a longstanding customer of S&P Global, for $975 million in cash, subject to customary purchase price adjustments. 

CVC considering Polish retailer IPO

Private equity firm CVC Partners is considering a stock market listing for Zabka, one of Poland’s biggest convenience store chains, according to a report by Reuters. The report cites one of the firm’s partners, Krzysztof Krawczyk, as telling Polish state-run news agency PAP in an interview on Tuesday that the

Bain Capital co-chairman to retire

Steve Pagliuca, co-chairman of Bain Capital is retiring after 34 years with the private equity firm, according to a report by the Wall Street Journal. Pagliuca will remain a senior adviser at the firm, and will continue to be involved in the portfolio companies in which he holds a board

WestView Capital raises $1bn for fifth growth equity fund

WestView Capital Partners, a Boston-based growth equity firm, has closed its oversubscribed fifth fund, WestView Capital Partners V (Fund V), at its target and hard cap of $1.0 billion of limited partner commitments. 

EHS software market attracts PE interest

Private equity investor interest is building in the environment, health and safety (EHS) software market with more than 50 transactions in the past two years, a new report from independent research and advisory firm Verdantix shows. According to the report, the market for EHS software is expected to grow from

Palatine appoints three new partners

Palatine has appointed three new partners – Andy Strickland, Tom Ross-Jones and Sam Fazakerley – and made four other promotions, following one of the most active years of investments and exits in the firm’s 17-year history.  Tom Wildig and James Painter have been promoted to senior investment directors in the

Infrastructure

Ares raises $5bn for infra debt fund

Ares Management Corporation has held the final closing of its Infrastructure Debt Fund V, which is focused on making subordinated investments across the digital, utilities, renewables, energy and transportation sectors, at approximately $5.0 billion.

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