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Intelligence

LPs can meet DEI and ESG reporting requirements more easily with ILPA’s new due diligence questionnaire, digitised by Diligend

Institutional Limited Partners Association (ILPA) and UN Principles for Responsible investment (PRI) have collaborated on two new templates. Diligend clients can now access and easily roll out the new ILPA template documents: the due diligence questionnaire 2.0 and the diversity metrics template, when using the digital due diligence platform. With

Baker Botts adds Project Finance Partner in New York

Baker Botts, an international energy, technology and life sciences law firm, has appointed Frank X Schoen has as a partner in the Global Projects Department in New York. Schoen regularly advises private equity sponsors and project developers, as well as commercial and investment banks, investment firms and other financial institutions,

Allvue Systems and SteelBridge Consulting form strategic partnership

Allvue Systems (Allvue), an alternative investment technology solutions provider, has formed a strategic partnership with SteelBridge Consulting (SteelBridge) to support emerging private equity and venture capital firms as they execute their strategic technology initiatives.  SteelBridge is a boutique services firm which provides expertise exclusively to the private capital industry.  

Neuberger Berman to add Private Placement credit professionals

Neuberger Berman, a private, independent, employee-owned investment manager, is expanding its fixed income platform with the addition of five highly experienced and industry-recognised professionals dedicated to the broad spectrum of Private Placement credit markets globally. The firm’s new Private Placement credit team is expected to be fully operational in early

Thompson Street Capital Partners platform BCM One acquires CoreDial

BCM One, a portfolio company of private equity firm Thompson Street Capital Partners (TSCP), has acquired CoreDial, a provider of white label UCaaS services sold throughout the United States, from members of management and LLR Partners, a Philadelphia-based private equity firm. The acquisition of CoreDial, following BCM One’s previous acquisitions

SINGULART raises EUR60m in Series B round

Online art gallery, SINGULART has raised USD60 million in a Series B fundraising round. SINGULART was founded in 2017 with the mission to empower artists worldwide, speaking to over 10,000 artists from over 146 countries, made possible by the passion for art from more than 20,000 collectors all over the

Sentinel Capital Partners acquires Empire Auto Parts

Sentinel Capital Partners, a private equity firm that invests in promising mid-market companies, has acquired Empire Auto Parts, a specialty distributor of aftermarket collision parts. Terms of the deal were not disclosed. Headquartered in Totowa, New Jersey, Empire operates five distribution hubs and 22 satellite delivery locations across 16 contiguous

Grammarly reaches USD13bn valuation following new funding round

Grammarly, the company powering effective communication for over 30,000 teams and 30 million people daily, has announced over USD200 million in funding at a USD13 billion valuation from new investors Baillie Gifford and funds and accounts managed by BlackRock, among others.  With this latest round, Grammarly will accelerate product innovation

Goldfinch Partners appoints Principal

Goldfinch Partners, a private equity firm with approximately USD1 billion of equity invested in digital transformation transactions across industry verticals, has appointed William Abbott as Principal. Abbott was most recently Director, Corporate Development, with Starbucks since 2016 working on over USD10 billion worth of closed investment transactions and forming a

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