Private equity major Madison Dearborn Partners has revealed its new leadership, with Vahe Dombalagian promoted to managing partner and co-CEOs Tom Souleles and Tim Sullivan stepping back to become vice presidents.
Hard tech investor Pangaea Ventures has picked up $85m for its biggest fund yet, which will look to target innovations addressing sustainability and planetary health.
Boston-based private equity firm Heritage Holding has closed its first institutionally-backed fund on $220m, taking just four months to reach a final close.
KKR has agreed a €13.5bn break-up of media and tech company Axel Springer, which will see the buyout house exit its stake in the company's media operations.