Check out this piece from Sarah about SPACs, which have become increasingly prevalent in the market over the last few years. The big recent example is Hellman & Friedman-backed MultiPlan, which recently agreed to merge with a SPAC in an $11 billion transaction.
Mountain Capital, formed by former Apollo energy executive Sam Oh in 2015, is close to wrapping up its sophomore fund, writes Kirk Falconer on Buyouts. Mountain Capital’s debut fund collected about $646 million, and was anchored by a commitment from Harvard’s endowment, Kirk wrote. Read the piece here.
TPG Growth is back, targeting $4 billion for its fifth fund, writes Teddy Grant on Buyouts. Fund IV raised $3.7 billion in 2017. Read the story here.
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