Private Markets

In a strategic move to prioritize its core businesses, Wells Fargo (WFC.N.) announced that it has successfully divested approximately $2 billion worth of its private equity investments. This decision aligns with a broader industry trend of financial institutions streamlining their operations and shedding non-core assets in response to economic uncertainties and the Federal Reserve's efforts to ensure a smooth economic transition...

In a significant move that underscores its commitment to revolutionizing healthcare in Asia, Quadria Capital, a leading healthcare-focused private equity firm, has announced its ambitious plan to raise up to $1 billion for a new healthcare fund. The fund is poised to drive innovation, accessibility, and quality in the healthcare sector across the Asian continent...

In a landmark development, private investment funds are poised to allocate significant resources towards compliance efforts following the recent implementation of a new rule by the U.S. Securities and Exchange Commission (SEC). This move underscores a growing commitment within the industry to uphold transparency, accountability, and regulatory adherence...

In a significant move within the healthcare data sector, Thoma Bravo, a leading private equity firm, has announced its acquisition of NextGen Healthcare Inc. for a substantial $1.6 billion. Under the terms of the acquisition, NextGen shareholders will receive an impressive $23.95 per share in cash, representing a remarkable 46.4% premium over the stock's closing price on August 22...

In a landmark move, trade groups representing the world's largest hedge funds and private equity firms have taken legal action against the US Securities and Exchange Commission (SEC) over recent industry regulations. The American Investment Council and Managed Funds Association argue that the SEC's requirements, implemented on August 23rd, go too far in demanding disclosures and prohibiting preferential deals with certain investors...

In a significant move within the realm of cybersecurity and identity management, Thoma Bravo has successfully concluded its $2.3 billion acquisition of ForgeRock, a leading digital identity management solutions provider. This acquisition marks a pivotal step in Thoma Bravo's expansion strategy, aiming to consolidate its position in the rapidly evolving cybersecurity market...

In the world of private equity, the winds of change are blowing, and the buyout barons are adjusting their strategies accordingly. The era of mega-buyouts might be waning, but staying engaged with smaller deals is proving to be a smart move in this evolving landscape. With capital hoards that need to be spent, private equity firms are finding value in relative minnows, reshaping the industry's dynamics...

Rising asset values and difficult financial conditions are causing the private equity (PE) world to navigate turbulent waters. A recent survey by BDO USA sheds light on the shifting priorities of PE fund managers and offers insights into how the sector is reacting to current economic dynamics...

The landscape of US private equity has undergone a significant shift since 2021, as evident from the data provided by PitchBook. Deal volumes have plummeted, prompting buyout organizations to explore innovative strategies to maintain investments and secure funding from backers...

In a significant move for the private equity industry, the Federal Trade Commission recently unveiled new criteria to scrutinize portfolio company rollups, aimed at saving costs. Amidst this development, Blackstone, the global investment giant, made headlines by declaring that it had surpassed the remarkable milestone of $1 trillion in assets under management (AUM), three years ahead of schedule, becoming the first private equity firm to achieve this feat...