PE Tech Report

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Event – New York

Ahead of the Private Equity Wire US Emerging Managers Summit, Joe Briggs, Founder & Managing Partner at Briggs Capital Formation, provides insight for new and emerging managers on the topic of deal-by-deal structures and what to look out for ahead of raising a fund. Joe will be leading a roundtable on this topic at the Summit on 13 March.

Intel

TOP STORY: British private equity firm TDR Capital will take a majority stake in Jollyes, one of Britain’s largest privately owned pet food retailers, with previous owner Kester Capital subsequently notching a 4.2× return and an IRR of 29% on its exit from the business.  

Intel

A new study from Deloitte shows that European private lending activity has reverted to levels last seen in mid-2022 — a sign that investors anticipate European Central Bank interest rate cuts in 2024 as they take on risky corporate debt, according to a report by Reuters.

Intel

European private equity major EQT has closed the largest buyout fund in the firm’s 30-year history with €22bn in total capital commitments, taking firm-wide assets to €232bn, according to a report by the Financial Times.

Insights Report

Feb 2024 | While disruptive tech debates have explored all manner of potential applications – from the mundane to the very far-fetched – many have centred around the fact that AI’s reliability and customisability challenges will take time to iron out. This report explores the dichotomy of private equity’s interaction with AI – how it remains in the pilot and experimentation phase, while also driving changes in firms’ approach to deals, investments and portfolio value creation.

Intel

TOP STORY: Goldman Sachs has secured $1bn from Abu Dhabi sovereign wealth fund Mubadala Investment Company for more private credit deals in Asia, according to a report by Bloomberg, with the two businesses set to make co-investments with a particular focus on India.

EVENT – LONDON

Senior executives from some of the world’s largest fund managers and investors within the rapidly growing private credit space have joined the stellar speaker line-up for Private Equity Wire’s annual Private Credit European Summit. 

Intel

GPs are more optimistic about the outlook for their businesses than they were 12 months ago with economic uncertainty and recessionary fears having less of an impact than previously anticipated, according to a new report.

Intel

Mustafa Siddiqui, a longtime Blackstone executive who has led the firm’s division that invests in other private equity firms since 2020, is to leave as part of a wider reorganisation of the business, according to a report by Bloomberg.

Intel

CVC Capital Partners, a global private markets manager focused on private equity, secondaries, credit and infrastructure, has closed its sixth Asia fund, CVC Capital Partners Asia VI, with a total of $6.8bn in capital commitments.

Events

13 March, 2024 – 8:30 am

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