Lawyers from Carey Olsen's Guernsey corporate team have advised Development Partners International (DPI) on the establishment of African Development Partners III Fund (ADP III) – one of the largest funds ever raised dedicated to investing global capital in Africa.
Timber Bay Partners, a specialised private equity investment firm focused on General Partner-led secondary transactions in lower middle market buyout and growth equity businesses — has held the final closing of Timber Bay Partners Fund II, with more than USD305 million in capital commitments, exceeding its target of USD275 million.
Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of decile.ten communications (d10) by The CM Group, LLC, an existing portfolio company of NaviMed Capital.
HIG BioHealth Partners (HIG), the dedicated healthcare investment affiliate of HIG Capital, has co-led a USD52 million Series B financing round for Click Therapeutics, a pioneer in the field of digital therapeutics.
CORE Industrial Partners (CORE), a Chicago-based private equity firm, has formed a new additive manufacturing platform and completed the acquisitions of 3DXTECH (3DXTECH), Triton 3D and Gearbox3D (Gearbox).
Africa-focused infrastructure investment funds have set record fundraising targets in 2021, according to new analysis by global law firm Linklaters. A total of ten funds have set a combined target of USD2.14 billion in their latest fundraising, a marked increase on previous years and over three times the average annual amount targeted over the last ten years.
Sheppard, Mullin, Richter & Hampton has appointed Josh McLane and Niya Tang as partners in the firm’s Tax, Employee Benefits, Trusts & Estates practice group.
Aiven, a software company that combines the best open-source technologies with cloud infrastructure, has secured USD60 million in Series C extension at a USD2 billion valuation bringing total Series C investment to USD160 million.
Despite recent China concerns, local PE manager sector expertise still makes it a compelling investment opportunity
Though the Street may be wary of China’s current economic trajectory, Willis Towers Watson, spoken to by Private Equity Wire, remains persuaded by the ability of China’s on-the-ground and sector-specific GPs to stay on course.
As any start-up founder knows, launching a new business can be an exhausting and all-consuming experience. When not dealing with day-to-day operations or handling accounts, there are investors to deal with and venture funding to be raised, often from multiple backers with competing agendas.