Sovereign wealth investors are reallocating to emerging market as geopolitical tension outpaces inflation as their primary concern, new data from Invesco shows. The post Sovereign wealth investors eye emerging market opportunity as geopolitical tensions rise first appeared on AltAssets Private Equity News ..read more

KKR has agreed the $4.8bn buyout of edtech business Instructure. AltAssets reported earlier this month that KKR and Francisco Partners were battling each other in a bid to acquire the Thoma Bravo-backed business, which was then valued at about $3.4bn. KKR will pay $23.60 per share, a 16% premium over Instructure share price on May 17, […] The post Deal Roundup: KKR seals $4.8bn Instructure buy, Advent to sell Evri to Apollo in £2.7bn deal first appeared on AltAssets Private Equity News ..read more

Palladium Equity Partners has promoted Daniel Ilundain to president after nearly two decades at the firm. The post Palladium promotes long-serving Ilundain to partner as sixth flagship fundraise continues first appeared on AltAssets Private Equity News ..read more

Secondaries-focused private equity major Coller Capital has revealed a $10bn target and $12.5bn hard cap for its laftest hefty flagship fund targeting the segment. The post Coller Capital eyes $12.5bn hard cap for latest flagship secondaries fund first appeared on AltAssets Private Equity News ..read more

Agellus Capital, a lower-mid-market PE firm launched this year by former senior execs from Audax and Thompson Street Capital Partners, has closed its debut fund on its $400m hard cap. The post Ex-Audax, Thompson Street Capital senior execs seal $400m for debut Agellus Capital fundraise first appeared on AltAssets Private Equity News ..read more

KKR has acquired Marmic Fire & Safety, a provider of regulation-mandated fire equipment inspection, testing and maintenance services, from HGGC. Marmic specializes in the inspection, testing, and maintenance of fire protection equipment for more than 56,000 customers across the commercial, industrial, multi-family, education, government, and healthcare end markets in the US. HGGC bought Marmic from […] The post Deal Roundup: KKR buys Marmic from HGGC, Accel-KKR extends Australia dealmaking with INX Software investment first appeared on AltAssets Private Equity News ..read more

Nuveen investment arm Churchill Asset Management has brought in Robert Paun as head of investor relations, for retail and wealth. The post Nuveen investment arm Churchill AM brings in Paun as head of IR for retail, wealth first appeared on AltAssets Private Equity News ..read more

Sumitomo Mitsui Banking Corporation has raised €450m for its inaugural private credit fund, which has been established through a secondary deal led by Pantheon. The post Japan’s SMBC eyes European asset management expansion, raises €450m for Pantheon-led private credit vehicle first appeared on AltAssets Private Equity News ..read more

UK-focused real estate investor Moorfield Group has raised an an initial £330m for its latest flagship value-add fund and co-investment vehicles. The post UK’s Moorfield raises initial £330m for ‘hub and spoke’ value-add real estate fund first appeared on AltAssets Private Equity News ..read more

Insurance major Liberty Mutual has launched a $200m sophomore venture capital fund targeting startups in the property and casual insurance industry. The post Insurance major Liberty Mutual’s VC arm closes $200m fund first appeared on AltAssets Private Equity News ..read more