Eamon Murphy

Nearly two-thirds of LPs unlikely to consider funds buying GP stakes Four in five say GP-led secondaries here to stay Funds of funds still attractive for specialist exposure Most LPs have not invested in funds targeting GP stakes and are unlikely to do so. That was the response of 64 percent of institutional investors polled by Coller Capital for […]

SaaS platform for emergency dispatch, record management Insight Venture Partners current controlling stakeholder Bain looking at add-ons after transaction close by end of Q2 Bain Capital “moved quite quickly to prevail” in the auction process for TriTech Software Systems, said Managing Director Darren Abrahamson. “It was a space we’d tracked and a company we’d followed closely […]

KKR contributes 2/3, Goldman 1/3 of $360 mln round OutSystems provides low-code platform for developing software apps Firms join Guidepost Growth Equity, Armilar Venture Partners as investors The $360 million investment in software-development platform OutSystems by KKR and Goldman Sachs is split roughly two-thirds to one-third, respectively, according to a source familiar with the matter. The round represents the […]

Founder Alex Gregor is former VP at Pfingsten Partners Left to source deals through operators with flexible capital Completed 2 add-ons for eDiscovery business HaystackID “I consider myself a private equity refugee,” said Alex Gregor, founder and principal of fundless sponsor Knox Capital. “I left a traditional institutional firm with the intent to buy businesses on my own, […]

Approaching reported $18.5 bln hard cap Push to raise $100 bln across platform by 2020 Next Asia fund nearing $6.5 bln close Carlyle Group has raised around $16.3 billion for its seventh flagship fund, a regulatory filing shows. Carlyle Partners VII has a hard cap of $18.5 billion, Bloomberg previously reported. A final close was said […]

$50 mln minority investment out of Fund V Company offers darknet monitoring, threat detection Firm plans to build out go-to-market capabilities Vector Capital’s $50 million investment in KELA Group is its third deal in Israel, a market the firm has been covering for more than 15 years, according to Managing Director Matt Blodgett. San Francisco-based Vector previously backed […]

Belgian company is third client to invest in firm Agreed to purchase about 20 pct stake Proceeds for shareholder estate planning, recently retired employees Cambridge Associates will sell a minority stake to Belgian investment company Sofina SA, a client of the Boston consulting and money-management firm. In a statement to Buyouts, Cambridge said that “the long-standing shareholders of […]

Fund III closed in November, now majority deployed Firm invested in B2B software firms KeyedIn, ClickFox Growing strategic-resources in-house operational group Arrowroot Capital is starting to think about its next fund, with the majority of its third growth-equity pool now invested. “As we deploy Fund III, our eyes are turning towards Fund IV, as we’re […]

Heads bizdev, client services for alternative managers Firm offers outsourced middle-, back-office functions Dashboard gives LPs detailed look at returns, expenses The biggest problem SEI tries to solve for its alternatives clients is complexity, says Jim Cass, senior vice president and managing director of the company’s investment manager services division. Cass joined the Oaks, Pennsylvania, provider of wealth-management and business process […]

KKR closed its tech growth fund in 2016 on $714 mln Team based out of Menlo Park and Europe Fund I about 70 pct committed Dave Welsh is head of TMT Growth Investing at KKR. The firm raised its debut tech-growth fund, KKR Next Generation Technology Growth Fund, in 2016 with $714 million for TMT growth equity investments […]