James Taylor

The second deal from Bridges Ventures' latest fund is a new budget hotel concept in London

The UK-based leisure group - which has seen its revenues grow from £50m to more than £1bn under Blackstone's ownership - was valued at £3.2bn when its IPO priced on the London Stock Exchange this morning.

The California-based technology specialist told LPs that it could have raised four times its original $500 million target for its second fund focused on smaller-cap companies.

Two ex-LPs are determined to wean the industry off its addiction to spreadsheets with a new technology tool.

Private equity firms are waking up to the risks involved in opting out of the conversations that people are having about them online.

The advisory firm hopes its new structure and leadership team will leave it better positioned to meet the challenges ahead.

Riverstone Energy, which hopes to raise up to £1.5bn, will co-invest alongside Riverstone's private equity fund on certain deals.

The UK mid-market firm says its new fund – raised in just seven months without the help of a placement agent – is the largest of its kind since the crisis hit.

Foxtons' successful IPO this morning - it priced at the top of its range, valuing the company at nearly £650m - means BC Partners is now sitting on a 3x return from the business

The Octopus-backed UK business, which provides electronic transaction processing for fund managers, has some high-powered new backers as it eyes overseas expansion.