Carlyle Group, private equity

Carlyle collects more than $16 bln for seventh North American buyout fund

Carlyle Group has raised around $16.3 billion for its seventh flagship fund, a regulatory filing shows. Carlyle Partners VII has a hard cap of $18.5 billion, Bloomberg previously reported. A final close was said to be expected early this year. There is no indication that fundraising is finished. The firm declined to comment. Carlyle, based in […]

Vector Capital, KELA Group, Israel, cybersecurity, private equity

Vector Capital looks to move Israeli security firm KELA into North America

Vector Capital’s $50 million investment in KELA Group is its third deal in Israel, a market the firm has been covering for more than 15 years, according to Managing Director Matt Blodgett. San Francisco-based Vector previously backed Aladdin Knowledge Systems, like KELA a cybersecurity investment, and Precise Software Solutions, both companies founded in Tel Aviv. Another portfolio […]

Cambridge Associates, private equity, merger, M&A
215 Views

Cambridge Associates to sell minority stake to client Sofina SA

Cambridge Associates will sell a minority stake to Belgian investment company Sofina SA, a client of the Boston consulting and money-management firm. In a statement to Buyouts, Cambridge said that “the long-standing shareholders of the firm — our co-founders and two families — are working on rebalancing their holdings and on their own estate planning. The investment […]

Arrowroot Capital, private equity, software, Matthew Safaii
169 Views

Arrowroot, with TA pedigree, deploys most of Fund III, looks to SaaS opportunity

Arrowroot Capital is starting to think about its next fund, with the majority of its third growth-equity pool now invested. “As we deploy Fund III, our eyes are turning towards Fund IV, as we’re seeing the number of opportunities accelerating in vertical SaaS,” Founder and Managing Partner Matthew Safaii told VCJ affiliate Buyouts. Fund III closed in November with more […]

Arrowroot Capital, private equity, software, Matthew Safaii
192 Views

Arrowroot, with TA pedigree, deploys most of Fund III, looks to SaaS opportunity

Arrowroot Capital is starting to think about its next fund, with the majority of its third growth-equity pool now invested. “As we deploy Fund III, our eyes are turning towards Fund IV, as we’re seeing the number of opportunities accelerating in vertical SaaS,” Founder and Managing Partner Matthew Safaii told Buyouts. Fund III closed in November […]

Photo of Joelle Faulkner courtesy of AreaOne Farms
211 Views

Area One Farms targets traditional fund, permanent-capital pool in fundraising

Toronto private equity firm Area One Farms is raising two funds to expand its business of partnering with Canadian farmers, President and CEO Joelle Faulkner told Buyouts. Area One Farms Fund IV is targeting $250 million from institutions, with room to raise around $100 million more. Area One Farms Fund V is aimed at Canadian individuals and structured as a permanent-capital vehicle, with liquidity options starting in year five. It will seek $50 million to $100 million.

Jim Cass, SEI, private equity
149 Views

Need to Meet: Jim Cass, SVP and managing director, SEI

The biggest problem SEI tries to solve for its alternatives clients is complexity, says Jim Cass, senior vice president and managing director of the company’s investment manager services division. Cass joined the Oaks, Pennsylvania, provider of wealth-management and business process services as a portfolio analyst in 1990. Today, several roles later, he oversees business development and client servicing for PE firms, hedge […]

Photo of Dave Welsh courtesy of KKR
589 Views

Q&A with Dave Welsh, head of TMT growth investing at KKR

Dave Welsh is head of TMT Growth Investing at KKR. The firm raised its debut tech-growth fund, KKR Next Generation Technology Growth Fund, in 2016 with $714 million for TMT growth equity investments in North America, Europe and Israel. Dave agreed to sit down with Buyouts for a chat about the market and how the fund is going […]

Area One Farms, Joelle Faulkner, Canada, farming, private equity, food
224 Views

Area One Farms targets traditional fund, permanent-capital pool in fundraising

Toronto private equity firm Area One Farms is raising two funds to expand its business of partnering with Canadian farmers, President and CEO Joelle Faulkner told Buyouts. Area One Farms Fund IV is targeting C$250 million (US$194.4 million) from institutions, with room to raise around C$100 million more. A cornerstone commitment of C$100 million has […]

Jim Quagliaroli, Silversmith Capital Partners. private equity, software, merger, M&A
294 Views

Silversmith acquires CRMfusion to create sales-data platform Validity

Silversmith Capital Partners created a sales and marketing technology platform called Validity, which it plans to build through acquisitions and global expansion, Managing Partner Jim Quagliaroli told Buyouts. The firm bought its first company for Validity, acquiring CRMfusion, a provider of software tools for Salesforce.com customers. The deal was out of Silversmith Capital Partners I; Fund II closed at the hard cap of $670 million […]

© 2018 Clarius Mobile Health. All Rights Reserved.
244 Views

PenderFund finds first growth deal in portable ultrasound tech

PenderFund Capital Management’s new tech growth fund agreed to make its first investment, a $3 million stake in medical-imaging company Clarius Mobile Health, an executive at the Vancouver firm told Buyouts. Maria Pacella, senior vice president of private equity, is co-manager of Pender Technology Inflection Fund, alongside Founder and CEO David Barr. The fund, which held a first close in February, is seeking to raise $50 million, Pacella said, with a final close expected in spring 2019.

Mitchel Schulman, IntegriDATA, private equity, accounting, SEC

Need to Meet: Mitch Schulman, CEO, IntegriDATA

When the SEC’s Office of Compliance Inspections and Examinations released its priorities for 2018, the agency made clear it intended to continue scrutinizing fees and expenses charged by private-fund managers. That’s been an area of focus since 2012, says Mitch Schulman, founder and CEO of fintech firm IntegriDATA. During that time, 11 enforcement actions for misallocation of fees […]

Maria Pacella, Senior VP, Private Equity and Portfolio Manager, PenderFund Capital Management
188 Views

PenderFund finds first growth deal in portable ultrasound tech

PenderFund Capital Management’s new tech growth fund agreed to make its first investment, a C$3 million ($2.3 million) stake in medical-imaging company Clarius Mobile Health, an executive at the Vancouver firm told Buyouts. Maria Pacella, senior vice president of private equity, is co-manager of Pender Technology Inflection Fund, alongside Founder and CEO David Barr. The fund, which held […]