Category Archives: Private Equity
Sequoia Capital Is Closing Its London Office and Flattening Its Partner Structure:
HedgeCo.Net — Sequoia Capital is closing its London office after about six years and cutting parts of its Europe team, saying it does not see the need for a local presence and can … Continue reading
Thiel-Backed Crescendo Equity Partners Raised More Than $350 Million Overseas in the First Close of Fund IV:
HedgeCo.Net — Crescendo Equity Partners, the technology-focused private equity firm backed by PayPal co-founder Peter Thiel, has raised more than $350 million from overseas investo… Continue reading
Sagard Private Equity Closed Its Third Emerging Manager Fund at €520 Million, Exceeding Its €400 Million Target:
HedgeCo.Net — Sagard Private Equity announced the final close of its third emerging manager-focused fund at €520 million, or about $600 million, exceeding the original €400 million… Continue reading
Yvonne Bajela’s Evertrue Capital Closed an Oversubscribed $17 Million Debut Fund for Pre-Seed AI and Fintech:
HedgeCo.Net — Evertrue Capital, the new firm of former LocalGlobe and Impact X investor Yvonne Bajela, has closed an oversubscribed Fund I at $17 million (about €15 million) to bac… Continue reading
Revolut Completed a Secondary Share Sale at a $115 Billion Valuation, Led by Glade Brook, Coatue and Durable:
HedgeCo.Net — Revolut has completed a secondary share sale that values the London-based fintech at $115 billion, the company said on Wednesday. The sale was led by Glade Brook Capi… Continue reading
ValueQuest’s Tristar Fund Secured More Than ?2,100 Crore for Indian Advanced Manufacturing, Exceeding Its Target and Greenshoe:
HedgeCo.Net — ValueQuest Tristar Fund, an Indian private equity fund focused on advanced manufacturing, said Monday it has secured more than ?2,100 crore, or about $221 million, in… Continue reading
OpenAI Cut Its Funding Round Target to Up to $20 Billion at a $1.25 Trillion Valuation:
HedgeCo.Net — OpenAI is now seeking to raise up to $20 billion in its latest funding round, down from an earlier target of about $30 billion, CNBC confirmed on Saturday after the F… Continue reading
Crypto Venture Investment Fell 20% to $4.5 Billion in the Third Quarter, and Only Three New Funds Closed, Galaxy Said:
HedgeCo.Net — Venture investors deployed $4.519 billion into privately held crypto and blockchain companies across 296 deals in the third quarter, according to Galaxy Research. Cap… Continue reading
Kalshi Raised $1 Billion at a $40 Billion Valuation in a Round Co-Led by Sequoia and Wellington:
HedgeCo.Net — Kalshi, the federally regulated U.S. prediction market exchange, has raised a $1 billion Series G at a $40 billion post-money valuation, co-led by Wellington Manageme… Continue reading
Clayton, Dubilier & Rice Was Reported to Have Raised About $20 Billion Toward Its $26 Billion Fund XIII:
HedgeCo.Net — Clayton, Dubilier & Rice has gathered about $20 billion of commitments for Clayton, Dubilier & Rice Fund XIII within roughly six months of launching fundraising, Bloo… Continue reading
Formation Bio Raised $600 Million for a Debut Fund to Acquire and Develop Clinical-Stage Drug Programs:
HedgeCo.Net — Formation Bio, an AI-native pharmaceutical company, announced on October 28 the Formation Bio Drug Development Accelerator Fund, a debut vehicle with $600 million in … Continue reading
AP Ventures Closed Its Third Fund at $300 Million to Back Early-Stage Industrial and Energy Technology:
HedgeCo.Net — AP Ventures, a London-based venture capital firm focused on early-stage industrial and energy technology, has held the final close of AP Ventures Fund III at $300 mil… Continue reading