PE Hub Wire

Lovell Minnick Partners invests in London & Capital.

Red Arts Capital acquires Coregistics.

Fundraising is starting to slow down.

PE Hub adds to Europe team.

Good morning, dealmakers. MK Flynn here with the Wire. Lift every voice and sing. Today marks the second year that Juneteenth National Independence Day is a federal holiday. To celebrate, I attended yesterday’s spectacular performance of the Alvin Ailey American Dance Theater at Lincoln Center. With music by Duke Ellington, Ella Fitzgerald and Wynton Marsalis, […]

Happy Fri-yay, Hubsters! Aaron here on the Wire to end the week. This comment about dealmaking jumped out at me this week: “We are seeing a definite slowdown now, and I think the peak is behind us,” said Marco De Benedetti, co-head of Carlyle’s European private equity unit was being interviewed on Bloomberg TV. The interview […]

Good morning, Hubsters. MK Flynn here with today’s Wire. Fingers crossed the Federal Reserve’s strategy will slow inflation, but even a mild recession is likely to renew scrutiny of the wealth gap and income inequality in the US. On that note, it’s encouraging to see that more private equity firms are sharing profits with the […]

Morning Hubsters! This is Chris, for Wire Wednesday. We’ve been knee-deep in trying to understand how the macro economy is impacting private equity. So far what we’re hearing is deal activity is slowing, and this includes exit activity, which means distributions, which have run hot for many years, are expected to slow. Fundraising is slowing […]

Good morning, dealmakers. MK Flynn here with the Wire. Just a blip. With inflation data likely to prompt the Federal Reserve to raise interest rates higher than expected this week, we’re asking our sources what the impact will be on private equity-backed deals. Chris Lund, Monroe Capital’s co-portfolio manager, institutional vehicles, hopped on a quick […]

Good morning, Hubsters. Happy Monday. MK Flynn here on the Wire. Let’s kick the week off with some insights into the forces driving tech deals in the banking sector. Mission-critical. One Equity Partners is buying ACI Worldwide’s corporate online banking offerings for $100 million in cash. The deal was announced last week and is expected to […]