Rimes, a provider of enterprise data management-as-a-service and investment platform solutions, and a portfolio company of EQT, will be acquired by Five Arrows, the alternative assets arm of Rothschild & Co. The investment has been jointly led by the Five Arrows Long Term Fund and Five Arrows Principal Investments. Five Arrows targets B2B data and […]
Private Equity & Private Capital News
HK government considers regulation more favourable to alternative investment
Hong Kong’s government is considering changes to its tax regulation in order to attract alternative investments including private credit, hybrid securities, real estate and infrastructure, according to a report by Bloomberg citing people familiar with the matter. According to Bloomberg’s sources, the proposed measures, which are expected to be outlined in a consultation paper, would […]
Hydrogen Mobility Startup HysetCo Raises Over $200 Million
Hydrogen mobility startup HysetCo announced that it has raised nearly €200 million (USD$217 million) in a new financing round led by hydrogen-focused investor Hy24, with proceeds from the financing to be used to the company’s solutions aimed at decarbonizing urban transport. Founded in 2015, France-based HysetCo offers solutions to support hydrogen mobility, including the development […]
KPS Capital Partners übernimmt die Sport Group
Der Private-Equity-Investor Equistone Partners Europe und weitere Gesellschafter verkaufen ihre Beteiligungen an der Sport Group. KPS Capital Partners hält künftig sämtliche Anteile an dem Hersteller synthetischer Bodenbeläge für den Sport- und Freizeitbereich.
Cleantech Startup Mission Zero Raises $28 Million to Scale DAC Carbon Removal Solution
Climate solutions startup Mission Zero announced that it has raised £21.8 million (USD$27.7 million) in a Series A financing, with proceeds to be used to help scale its Direct Air Capture (DAC) carbon removal technology. DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, […]
Windfall Bio Raises $28 Million to Scale Methane-Eating-Microbe Industrial Emissions Solution
Climate solutions startup Windfall Bio announced today that it has raised $28 million in a Series A funding round, with proceeds from the financing aimed at supporting the commercialization of its solution to capture and utilize methane from emissions-intensive industries. Rapid reduction in methane emissions is seen as one of the most effective near-term actions […]
Chevron, Carbon Direct Capital Invest $45 Million in Carbon Capture Tech Firm ION Clean Energy
Carbon capture technology provider ION Clean Energy announced that it has raised $45 million from investors including energy giant Chevron’s low-carbon solutions-focused business Chevron New Energies (CNE), who led the round, and carbon management-focused investor Carbon Direct Capital. Founded in 2008, Boulder, Colorado-based ION Clean Energy provides technology aimed at reducing the overall costs of […]
Trivium Packaging shareholders renew $3.5bn sale discussions
Private credit funds are in talks to provide up to $2.5bn in financing for the sale of US packaging firm Trivium Packaging, which was formed in 2019 through a merger of Ardagh Group’s food and specialty packaging business and Exal Corp, according to a report by Bloomberg citing people with knowledge of the matter.
Federated Hermes co-leads investment into Miura Partners’ fund
Federated Hermes Private Equity has invested in Spanish private equity firm Miura Partners’ €200m Dent&Co fund, co-leading the transaction alongside other leading secondary institutional investors, including both existing and new LPs.
Ein kurzes Zeitfenster für langfristige Chancen
Trotz anhaltender Herausforderungen bietet 2024 für Private-Markets-Anleger wieder Anlass zu Optimismus. Nach einem schwierigen letzten Jahr bietet 2024 für Private-Markets-Anleger wieder Anlass zu Optimismus. An den privaten Märkten sind Marktereignisse eher plötzlicher Natur, aber 2023 war eine allmähliche Verknappung der Liquidität zu beobachten. Eine nachlassende Exit-Aktivität, höhere Kapitalkosten, Bankenpleiten und ein unsicheres makroökonomische Umfeld sorgten […]
Private credit deterioration, more PIK ahead in busy 2024 – Fitch Ratings
Fitch reported a default rate of 3.7% in 2023 on a basket of 300 private loans rated privately for asset managers, up from 3.0% in the prior year. The agency said it expects a similar rate of defaults for the portfolio in 2024, though it warned that the severity of defaults could worsen.
KKR launches €2.8bn takeover bid for Encavis
KKR’s subsidiary Blitz 21-823 (BidCo) has made an investment agreement to initiate a voluntary public takeover offer for all outstanding free-floating shares of Encavis at an offer price of €17.50 per share.
Die Käufer bleiben aus
Offene Fonds und institutionelle Investoren tragen traditionell den deutschen Büroinvestmentmarkt. Jetzt haben sie sich zurückgezogen. Dafür tastet sich Private Equity auf dem Markt vor. Doch die Preise lassen interessierte Käufer abwinken.
Asset Management-Arm der Axa kauft Private Equity-Unternehmen
Axa Investment Managers (Axa IM) verstärkt seine Bemühungen im Bereich Private Equity. Der Asset Management-Arm der Versicherungsgesellschaft wird den amerikanischen Private Equity-Anbieter W Capital Management (WCP) übernehmen, wie die Unternehmen am Donnerstag mitteilten. Über die Höhe des Deals ist nichts bekannt – abgeschlossen werden soll er bis zum Ende des zweiten Quartals.
ESG nun Teil von Hensoldt
Hensoldt hat die im vergangenen Jahr vereinbarte Übernahme der ESG Elektroniksystem- und Logistik-GmbH nach Erhalt aller behördlichen Genehmigungen mit Wirkung zum 2. April 2024 vollzogen.