The Carve-Out | ICG’s record fundraise, TPG eyes Vinted stake, Accel and HPS on pole for F1 deal
Private Equity Wire
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This week in private equity
🌍 Intermediate Capital Group (ICG) has raised €15.2bn ($16.8bn) for its latest European direct-lending fund, making it the largest fund of its kind in the region… Read more
🚀 Livingbridge has launched a new initiative aimed at improving boardroom diversity, after routinely seeing just 3-5% diversity metrics on the boards of its portfolio companies… Read more
📈 Robert Seminara, head of Europe at Apollo Global Management, Inc. , has reported a noticeable rise in private equity deal activity, and is forecasting attractive returns for investors entering the market now… Read more
👀 TPG is looking to acquire a stake in Vinted, Europe’s largest second-hand fashion platform, at a valuation of €5bn following rapid expansion at the Lithuanian company… Read more
🏎 Aston Martin F1 is on the verge of agreeing a stake sale to Accel and HPS Investment Partners, LLC , in a deal that values the team at between £1.5bn and £2bn… Read more
🔎 CVC Capital Partners is looking to acquire the Oval Invincibles Hundred franchise in what would be the first PE investment in English cricket… Read more
The week in numbers
📅 4 – the number of months taken by Bex Capital to reach its $765m fundraising target for secondaries-focused BEX Fund V… Read more
💼 $31.2bn – the valuation of Sedgwick after Atlas Partners agreed a $1bn investment in the insurance claims specialist… Read more
Recommended by LinkedIn
📰 16% – the stake acquired by Armen in Chorus Capital, marking its first foray into the alt credit space… Read more
⬆️ $3bn – the amount raised by Bain Capital Life Sciences for its fourth fund, with $500m coming from the firm's partners, employees, and affiliates… Read more
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