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RESEARCH
Venture capital dealmaking, exit and fundraising values all broke records in 2021 by ‘stunning amounts’, according to the PitchBook-NVCA Venture Monitor, a quarterly report produced by PitchBook and the National Venture Capital Association with support from Insperity.
FUNDRAISING
KKR has held the final closing of KKR Health Care Strategic Growth Fund II (HCSG II), a USD4.0 billion fund dedicated to health care growth equity investment opportunities primarily in North America and Europe.
GUEST ARTICLE
We previously looked at how alternative data sets, having become ubiquitous within the hedge fund industry, are of increasing interest in the private equity asset class as well. Just as their hedge fund counterparts now routinely sift through satellite imagery or web traffic data to inform their investment strategies, private equity managers can gain an edge in investment origination and value creation by making use of non-traditional sources of information.
DEAL
Gousto, the only profitable B Corp Unicorn in the UK, has raised USD150 million of new investment in a fundraise that has brought SoftBank VF2 on to the Gousto share register.
FUNDRAISING
Eastern Bell Capital has held the final close of its USD Fund II and RMB Fund VI, with a total commitments of more than RMB13 billion (USD2.0 billion), marking one of the largest fundraises among China based GPs in 2021.
AWARDS
Voting is now underway for the Private Equity Wire European Awards 2022, which will recognise excellence among private equity fund managers and service providers in Europe across a wide range of categories.
Voting for the awards is conducted via an online poll of the entire Private Equity Wire userbase, with participants asked to make their choice from a shortlist of firms in each category.
The pre-selection data for the fund manager awards was provided by Bloomberg.
The GP manager categories cover fund performance and fundraising success by firms across a range of private markets investment strategies – including buyout, growth,
DEAL
Software investment firm Thoma Bravo is to acquire Bottomline Technologies (Nasdaq: EPAY), a provider of business payments financial technology in an all-cash transaction that values the company at approximately USD2.6 billion.
EXIT
Clayton, Dubilier & Rice Fund X has sold its investment in Belron, a specialist in vehicle glass repair and replacement.
FUNDRAISING
Ares Management Corporation (Ares), a global alternative investment manager, has held the final closing of Ares Senior Direct Lending Fund II (SDL II). With total equity commitments of approximately USD8 billion, SDL II was significantly oversubscribed relative to its initial target of USD4.5 billion.
FUNDRAISING
EOS IM has held the second closing of the EOS ReNewable Infrastructure Fund II (EOS Energy Fund II) at over EUR120 million.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
