Ping An Insurance's main offshore investment and asset management platform has raised $850m for the final close of the third vintage of its private equity fund program.
Advent International is reportedly prepping a buyout offer for UK food and ingredients maker Tate & Lyle which could value the business above its current £2.8bn market cap.
Services businesses-focused private equity investor Percheron Capital has hired former Audax PE investor relations specialist Megan Lundy as a managing director and head of IR.
Science and tech investor KdT Ventures has raised more than $100m for its oversubscribed fourth fund, a greater than 25% increase compared to its predecessor vehicle.
Real assets-focused investor Palladio Partners has restructured its executive team in the wake of the sudden death of co-founder Michael Rieder earlier this month.
Tech-focused investment house Insight Partners has raised $1.5bn for its third continuation fund, with HarbourVest Partners leading investors in the new vehicle.