Latest News
Private equity giant Blackstone is to make a $500 million strategic investment in Resolution Life as part of a wider plan that will see the global life and annuity insurance consolidation business raise $3 billion in new equity capital commitments.
The additional funding, which will bring the company’s overall equity capital base to more than $8 billion, will be raised through a newly established perpetual capital vehicle with Blackstone serving as the General Partner and the majority of Resolution Life’s existing investors expected to roll their investments into this vehicle.
Nippon Life, the largest existing investor in Resolution Life, supports
Veritas Capital (Veritas), a technology and government investment firm, has held the final close of its latest flagship fund, Veritas Capital Fund VIII (Fund VIII) with $10.65 billion of aggregate committed capital.
Fund VIII was significantly oversubscribed, with demand exceeding its hard cap and initial target of $8.5 billion. Veritas Capital Fund VII closed on $6.5 billion in commitments in 2019.
Since inception, Veritas has identified and driven the transformation of more than 115 companies that provide critical products and services to government-related and commercial customers. Fund VIII will continue leveraging the firm’s proprietary intellectual property and applying its focused,
Clearlake Capital Group and Clearlake operating advisor Sam Soni have acquired Ticket Evolution Inc (Ticket Evolution), an end-to-end software provider for the event ticketing industry.
The acquisition was completed through Victory Live, an event management and ticketing technology platform backed by Clearlake and Soni, who is a specialist in the multi-billion-dollar premium ticket and sports hospitality event industry.
Financial terms of the transaction have not been disclosed.
Ticket Evolution manages thousands of sports and events tickets on behalf of both professional ticket resellers and rightsholders through an established B2B marketplace with distribution capabilities. The Company’s offerings include both a
An affiliate of Turnspire Capital Partners (Turnspire) has sold Turnspire portfolio company UPG Company (UPG) to The Partner Companies (TPC). Terms of the transaction have not been disclosed.
UPG is a designer, manufacturer and assembler of highly engineered components for data centre, healthcare, energy and diversified industrial end-markets. Headquartered in Houston, Texas, UPG also operates manufacturing facilities in Wales, United Kingdom and Suzhou, China, enabling it to serve customer needs on both a local and global basis.
Since carving out UPG from MedPlast, Inc in 2016, Turnspire and management have transformed the business from a non-core subsidiary into an independent,
Independent power producer Sunly has raised around €200 million to build and expand its renewable energy portfolio in the Baltics and Poland. The capital raise includes investments from Sunly’s existing shareholders and new investor Mirova, a French asset manager dedicated to sustainable investing, and an affiliate of Natixis Asset Management.
Mirova, which has been active in the energy transition infrastructure sector for 20 years and has financed more than 330 projects for a total of over 6.5 GW of potential generation capacity across Europe and Asia, is now Sunly’s largest investor. Mirova recently closed its fifth energy transition infrastructure fund
Sunstone Partners, a growth-oriented private equity firm, has held the final institutional close of its oversubscribed $925 million third fund, Sunstone Partners III (Fund III), at its hard cap.
Fund III, which more than doubles the total committed capital managed by Sunstone Partners, is the firm’s largest fund to date and brings total committed LP capital to $1.7 billion since inception in 2015.
Sunstone Partners received strong support from its existing investor base of leading endowments, foundations, family offices, fund-of-funds and pension funds, while also adding a number of new institutional investors.
Consistent with the strategy of prior funds, Sunstone
FIRSTavenue, a global private funds placement agent and investment advisory firm specialising in private credit, real assets, private equity and associated capital solutions, has made five new hires across the firm’s Project Management and Marketing teams.
The appointments across the firm’s London and New York offices will serve to enhance its client advisory services to blue-chip GPs globally, as well as to strengthen the firm’s distribution capabilities to institutional investors.
Joanna Andrews has joined as a Managing Director in the Project Management team, where she will focus on advising infrastructure and private equity GPs. Andrews was previously a member
Cubera Private Equity has appointed Reidun Tysseland as the firm’s new Managing Partner.
Tysseland has an extensive background in international capital markets and has successfully led large growth initiatives for DNB, first as head of debt capital markets in London and later as global head of corporate Finance.
Tysseland recently served as head of private banking at DNB and in her latest role as CEO of Njord Securities/Njord Group.
Moonfare, a digital global private equity investment platform, has become the latest fund provider to support the Greater Share education model.
Greater Share is an innovative UK-based initiative that aims to combine philanthropy with private equity to generate hundreds of millions of dollars in long-term grants for education charities around the world.
Advent International, Hg Capital, Lexington Partners and Permira are among those already partnering with the enterprise. Now, Moonfare, which is opening private equity markets up to a wider range of investors, is partnering with the Greater Share Education Fund.
The fund is designed to improve the lives of
Vista Equity Partners (Vista) is to acquire KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platforms, in an all-cash transaction valued at approximately $4.6 billion on an equity value basis.
Under the terms of the merger agreement, KnowBe4 stockholders will receive $24.90 per share in cash upon completion of the proposed transaction. The per share purchase price represents a 44 per cent premium to the Company’s unaffected closing price on September 16, 2022, the last full trading day before Vista publicly disclosed its initial non-binding acquisition proposal on its Schedule 13-D.
As disclosed by KnowBe4
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
