Kirk Falconer

Nearly $475bn of fresh capital was secured by 854 buyout, growth equity, venture capital and other PE vehicles in 2021, up 19% from $399bn raised a year earlier, according to data from affiliate title Buyouts.

Blackstone's assets managed are expected to hit the $1trn mark in the year ahead, chairman and CEO Stephen Schwarzman said.

The vehicle was unveiled last year by the private-market affiliate of Xponance and Investcorp’s Strategic Capital Group to support diversity, equity and inclusion in the alternative asset industry.

Primed by a vigorous deal environment, tech PE fundraising rose to dizzying heights in 2021, with 474 North American vehicles collecting an all-time high of $227bn, according to Buyouts data.

Drivers of 2021's robust fundraising – an accelerated pace, bigger tickets, LPs pressing allocation limits and hot strategies like growth equity, tech and the energy transition – will likely also feature in 2022's market.

Thoma Bravo agrees to buy Bottomline Technologies.

Georgian unveils blind-pool strategy to continue investing in software assets.

It looks like high-profile sports investor RedBird Capital Partners is making good on a pledge to help grow its new portfolio company Fenway Sports Group. FSG officially announced an agreement to buy the Pittsburgh Penguins, the legendary hockey franchise that won the Stanley Cup five times (1991, 1992, 2009, 2016 and 2017). Terms weren’t disclosed […]

Thoma Bravo earns our top prize for its sale of Ellie Mae for a cool $11bn after purchasing it for $3.7bn only 18 months earlier.

Orlando Bravo, Thoma Bravo’s co-founder and managing partner, tells PE Hub why 2020 was “absolutely our best year ever.”