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Intelligence

Blackstone forms $5bn strategic venture with UC Investments

The Office of the Chief Investment Officer of the Regents of the University of California has formed a new, long-term strategic venture with Blackstone which will see UC Investments invest $4 billion in Blackstone Real Estate Income Trust Class I common shares, with Blackstone also contributing $1 billion of its

Brookfield Growth investment boosts SirionLabs Series D to $100m

SirionLabs, a specialist in artificial intelligence (AI)-powered contract lifecycle management (CLM), has now raised $110 million in Series D funding, following an investment by Brookfield Growth. The previously announced round was led by Partners Group with participation from existing investors Sequoia India and Tiger Global.  SirionLabs says the Brookfield Growth

Blue Wolf appoints new partner

Blue Wolf Capital Partners, a New York-based private equity firm focused on buyouts, recapitalisations, and growth capital opportunities in middle market companies, has appointed Natalie Marjancik as a partner of the firm.

Goodwin adds private investment funds partner in New York

Global law firm Goodwin has appointed Audra Cohen as a partner in the firm’s global Private Investment Funds practice in New York office. Cohen has more than 10 years of experience representing global private funds sponsors.  Goodwin’s global private funds practice, now numbers more than 230 lawyers across the US,

RFA enhances hedge and PE fund cyber security offering

RFA, a specialist IT provider to the alternative investment sector, has enhanced its cyber security offering for hedge and private equity funds with the addition of external surface attack management and dark web breach and exposure monitoring solutions. External attack surface management provides visibility and risk assessment for organisations’ PKI

RDCP acquires Pexion for £34m

London-based investment firm RDCP Group (RDCP) has acquired Pexion Group, one of the UK’s largest precision engineering groups, in a deal that values the business at £34 million. The deal gives RDCP a 75% stake in this £55 million turnover and £7 million EBITDA business. 

Legal & General Capital commits £5bn to alt asset investments in 2022

Legal & General Capital committed around £5 billion in alternative asset investments in 2022, which it says is aimed at driving regional economic growth, tackling the housing crisis, and supporting the climate transition, whilst expanding its footprint into the US for the first time.

INVL acquires remaining shares in private debt manager Mundus

INVL, an investment management and life insurance group in the Baltics, is to acquire the remaining shares in Mundus, an asset management company managing a private debt fund. The shares will be purchased from Mundus partners Audrius Mozūras and Martynas Grikinis. According to Grikinis, this consolidation will provide even more

PE firm Butterfly acquires Milk Specialties Global

Los Angeles-based private equity firm Butterfly has acquired Milk Specialties Global, a manufacturer of whey protein isolate and milk and whey protein ingredients. Butterfly specialises in investments in the food industry.

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