Victoria Robson
.jpg "CVC closes first tech growth fund")
The global buyout firm has closed CVC Growth Partners on $1 billion, with three deals already under its belt.
The preferred equity firm has announced three promotions and a new appointment.
The firm that targets UK precision engineering businesses had hired former cabinet minister Peter Hain and former head of the British Army Peter Wall.
The sale of Dunedin’s original stake in the parcel delivery company has netted the firm a 2.8x return.
The authors of a paper on a new economic and social impact measure, the External Rate of Return, have called on the public to participate in the development of the project.
LPs expect to see detailed budgets to justify fees and ensure they are not being excessively charged, says MJ Hudson in its first LP Intel report.
Investec Africa Private Equity Fund 2 closed on $295m, almost double the size of its predecessor.
Pierre-Antoine Gailly will advise the direct team on deal origination and supporting its portfolio companies.
The firm has acquired ISO certification company Citation from ECI Partners as its latest acquisition in the compliance segment.
Crown Europe Middle Market III closed on its €500 million hard-cap.