Managers
CVC Credit is supporting KKR’s acquisition of French insurance broker-distributor April Group with the commitment of senior credit facilities.
CVC’s Private Equity business, through CVC Capital Partners Fund VII, acquired April – which is France’s second largest insurance broker-distributor with €1.5bn premiums in 2022 – in June 2019 from its founders. Having generated strong performance, CVC announced the sale of April to KKR in November 2022.
April Group designs, distributes and manages branded insurance solutions on behalf of partner insurers, and benefits from a large network of independent retail brokers that handle customer contact and acquisitions.
CVC supported April Group’s
Growth equity firm General Atlantic has completed its acquisition of Iron Park Capital Partners, a global investment manager focused on public and private credit markets, to form General Atlantic Credit.Â
Buyout firm CVC Capital Partners and activist hedge fund Elliott Management are among the suitors to have tabled bids to acquire parts of struggling cinema chain Cineworld, according to a report by Sky News.
Kain Capital LLC, a private equity firm focused on the technology enablement of healthcare services companies, has moved into new office space at One World Trade Center in New York City. This marks the firm’s return to a physical location after staff worked remotely during the Covid-19 pandemic.
To date, Kain has invested in five healthcare subsectors including value-based primary care, hospice & palliative care, occupational medicine & worker’s compensation, specialised behavioural health services, and healthcare technology, and will consider other areas as opportunities arise.
The firm’s investment scope is national, and it currently has investments in 10 states. Its
Private equity investment manager Ares Management Corporation has partnered with Mubadala Investment Company, Abu Dhabi’s global sovereign investor, to form a joint venture that will invest around $1 billion in global credit secondaries opportunities.
Great Hill Partners, a private equity firm that targets investments of $100 million to $500 million in high-growth companies across the software, digital commerce, financial technology, healthcare, and digital infrastructure sectors, has opened a London office to support its investment activity in the UK and Europe.
The London office will serve as Great Hill’s regional hub for the UK and Europe, providing the firm with a dedicated local presence, greater access to investment opportunities, and resources for portfolio companies. Longtime Great Hill Managing Director Drew Loucks will lead the new office and grow the London team.
Great Hill has added
Tiger Global Management slashed the value of its investments in venture funds by about 33% last year, which equates to around $23 billion, according to a report by Bloomberg citing an unnamed source.
Around $9 billion of that markdown by the firm’s venture unit, which is led by Scott Shleifer, came in the second half of 2022, according to the source.
Tiger Global, which also manages hedge and long-only funds, marked down the value of its private funds by almost a quarter in November last year according to an earlier Bloomberg report, while the firm’s hedge and long-only funds lost
Blackstone, the world’s largest alternative asset manager, is to open a new office in Frankfurt, Germany. The new flagship location will occupy 1,300 square meters in the OMNITURM in Frankfurt’s financial district and serve as a hub for Blackstone in Germany.
The new office will host professionals across Blackstone’s private equity, real estate, and credit businesses, in addition to providing a hub for the firm’s private wealth solutions business, which serves investment professionals and individual investors across Europe. Juergen Pinker, Senior Managing Director, will lead on private equity, with Jurij Puth, Senior Managing Director, leading on credit.
Blackstone has been
Private equity majors Apollo Global Management Inc, Blackstone Inc, and KKR & Co Inc, have all expressed an interest in acquiring a book of loans held by failed Silicon Valley Bank (SVB), according to a report by Bloomberg.
General Atlantic, a US-based growth equity investor with over $86 billion in assets under management, is expecting private company valuations to fall in the second half of the year as startups begin to to run out of cash, according to a report by Bloomberg.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
