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The megarocket's success is SpaceX's "single most important watch item," one analyst says.
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Preservation Capital Partners, the European mid-market PE firm focused on financial and business services, has closed its third fund at its €877m hard cap after an oversubscribed fundraising which took just six months.
The post Preservation Capital Partners closes third fund at €877m hard cap, doubling predecessor vehicle appeared first on AltAssets Private Equity News.
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North Carolina-based private equity firm LionLight Capital has sped to a $215m hard cap close of its debut fund in just ten weeks, picking up strong support for its strategy of targeting financial and professional services businesses.
The post LionLight Capital races to $215m hard cap debut fund close in 10-week raise appeared first on AltAssets Private Equity News.
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Czech private equity firm Genesis Capital has rebranded to Stratum Partners alongside the launch of its second fund, which is targeting €65m to invest in small and medium-sized businesses across the Czech Republic, Slovakia and the wider Central European region.
The post Genesis Capital rebrand Stratum Partners eyes €65m for second fund targeting Central European SMEs appeared first on AltAssets Private Equity News.
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Sagard's credit arm has secured more than $1bn at the first close of its latest direct lending fund, putting it about halfway to its $2bn target.
The post Sagard Credit Partners tops $1bn at first close of third direct lending fund appeared first on AltAssets Private Equity News.
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Very few ships passed through the waterway on the first full day of the U.S. naval blockade of Iran.
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Also in today's newsletter: Oil traders warn over fresh supply crunch and Oracle leads race to supply Japan with top-secret cloud services
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Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it's unclear if the recent slowdown in inflation will persist in light of renewed hostilities between the U.S. and Iran.
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