The CalPERS sale is among a slew of traditional LP portfolio sales to hit the market since the fall, with prices high and buyer interest piqued by more diversified investments.
'Many owners of private companies have found the past year to be very stressful, and are simply ready to sell and move on,' Mitchell said.
Companies that improve the shopping experience for consumers will have strong tailwinds and garner premium prices, Bernstein predicts.
"The dust is yet to settle on the new normal coming out of covid, but it is indisputable that technology was the shining star of the pandemic as virtually every company and industry was forced to accelerate their digitization efforts," says Monroe's Uddin.
David Grain: "The public sponsorship of telecommunications growth in the U.S. specifically, with over $60bn dedicated to the space, is timely and we are excited to see both the organic and strategic opportunities that will stem from it."
'The challenge is sifting through the Covid noise and determining what is permanent versus temporary,' says Hendrickson.
Crosspoint Capital joins the Home Depot as investors in Afero, hoping to take advantage of what could be a $1.6trn IoT market over the next four years.
3i Group acquired EC Waste from Post Capital, which held the waste management company for seven years.
Hugh Thompson, managing partner at Crosspoint Capital, discusses the recently issued Executive Cybersecurity Order and its potential influence on B2B and B2C companies.
Editors across PEI Media’s publications informally surveyed industry pros for book recommendations — and in some cases offered their own. The list below includes just-published options and perennial favorites with a mix of ideas for the beachgoer thinking about their next deal as well as readers looking to dial things back for a bit. […]