PE Firms Partner On Recycling Platform

After acquiring the recycling technology assets of FCR Inc., five private equity firms have partnered to launch Re Community Holdings LP, a platform focused on recycling communities. Pegasus Capital, Intersection, MissionPoint Capital Partners, HarbourVest Partners LLC, and Ares Capital Corporation have partnered on the effort, which is designed to enable community partners to generate additional revenue, recover community owned resources, create new jobs, fund budget shortfalls, and reduce their carbon footprint, the firms said in a release.

Holtzbrinck Ventures Closed Fourth Fund At EUR177M ($231M) – Reuters

Holtzbrinck Ventures closed its fourth fund at 177 million euros ($231 million), Reuters reported. The investment vehicle is the first fund the German-based firm completed in partnership with HarbourVest Partners LLC of Boston, Mass. The fund will invest in Holtzbrinck’s portfolio companies and in other media companies. * Holtzbrinck launches 177 mln euro investment fund […]

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