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Intelligence

Polaris closes fifth fund at EUR650m hard cap

Polaris Private Equity (Polaris), a Nordic buyout investor, has closed Polaris Private Equity V K/S (Fund V) at its hard cap of EUR650 million, exceeding its target of EUR550 million.

Real estate debt

Oaktree closes Real Estate Debt Fund III at USD3bn

Oaktree Capital Management (Oaktree) has held the final close of its third global real estate debt fund, Real Estate Debt Fund III, and its related vehicles (REDF III), with total capital commitments of approximately USD3 billion.

Littlejohn & Co sells Tidel to Sesami

Littlejohn & Co has sold Tidel, a provider of cash automation technology, to Sesami Cash Management Technologies Corporation (Sesami), a tech-enabled cash ecosystem solution integrator that will operate as an independent entity of Garda World Security Corporation (GardaWorld).

Limerston Capital acquires Wickham Micro

Private equity firm Limerston Capital has completed the acquisition of Gosport-based laboratory Wickham Micro and appointed industry veteran Mark Hammond as its CEO.

KKR invests in PlayOn! Sports

PlayOn! Sports (PlayOn), a high school sports media and technology company, has secured a significant investment from KKR, alongside PlayOn’s existing shareholder, Panoramic Ventures.

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