A “New Normal” and Driving Force From Private Equity. The global private equity community is buzzing over news that several private equity powerhouses have come together in a bold move to reduce carbon emissions and increase sustainability in a game-changing manner. The firms aim to advocate for green investments and carbon-free portfolios in order to …
Private Equity Powers Global Sustainability Initiative Read More »
Capital Raise Brings Firm Assets to Nearly $12 Billion. Vitruvian Partners, a UK-based private equity fund, has closed its fourth buyout fund after raking in $4.7 billion. Vitruvian Partners launched its fund three months ago. Its cap raise was approximately 40 percent greater than that for its previous fund, which closed at $2.8 billion. The …
Private Equity: Vitruvian Partners Pulls In $4.7 Billion Read More »
Telemedicine Poised for Growth. Leading acute care telemedicine provider SOC Telemed announced that it will partner with private equity firms Warburg Pincus and Shulman Ventures amid a fast-growing climate for the telemedicine space. Following this agreement, CEO Paul Ricci — also advisor of Warburg Pincus — will step down. SOC’s management team will consist of …
Private Equity: Warburg Pincus Gives Green Light to Deal for SOC Telemed Read More »
Hundreds of Billions in New Capital Earmarked for Investments. Despite many businesses closing down due to the COVID-19 pandemic, private equity is taking advantage of new opportunities. The industry is looking to rebuild the economy and adapt to the New Normal in ways that are expected to enahance gains, inclding further investments in existing portfolio …
Private Equity: Covid-19 Ignites PE’s Dry Powder Read More »
Private equity firms TA Associates and Francsico Partners announced that they will complete a deal with healthcare software company Edifecs. CEO of Edifecs Sunny Singh intends to lead the company through a transformation. The healthcare industry is quickly changing with the help of the technology sector. According to Singh, “Today’s healthcare industry is in a …
Private Equity: Healthcare Firm Edifecs Lands PE Deal Read More »