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Black Bay Partners, a private equity firm specializing in the energy industry and adjacent chemical and industrial sectors, has hit a $425m hard cap close for its third flagship fund.
The post Oil, gas and adjacent services investor Black Bay Partners soars to $425m hard cap Fund III close appeared first on AltAssets Private Equity News.
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TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years on the platform now used by more than 200 million Americans.
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Asset-backed credit provider Lendable has raised two new blended finance funds to bring its assets under advisory close to $1bn.
The post Institutional backers, DFIs help Lendable to over $300m so far for new fund pair appeared first on AltAssets Private Equity News.
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With tight business restrictions still in place, companies may find it challenging to even assess what opportunities exist for them in the South American nation.
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Energy storage investor Gore Street Capital has hit a first close for a €500m-targeting institutional fund thanks to cornerstone backing from the EIF and the Ireland Strategic Investment Fund.
The post Anchor backers including EIF help battery storage investor Gore Street to first close of €500m-targeting fund appeared first on AltAssets Private Equity News.
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