private equity – Karma

Actis Profits From Building Green While Bringing Power to Millions

Mark Shenk — Thu, 30 Jul 2020 10:00:00 +0000

Actis is finding profits developing a green shopping mall and bringing power to millions in Cameroon, something it’s repeating throughout Africa, Asia and Latin America. Actis has invested in renewable energy projects — in countries including Mexico, India, Senegal and South Africa — that provide clean, low-cost power to millions of people. Spun off from […]

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Impact Funds Look to Debt Restructuring, Other Solutions During Pandemic

Michelle Lodge — Mon, 06 Apr 2020 10:00:00 +0000

COVID-19 crisis is testing the resiliency of private equity and social impact investors as cash flow and funding dry up. Emergency measures eyed to keep portfolio companies afloat. Immigrant and emerging market funds may weather pandemic better than those focused on traditional impact sectors. Business worldwide is as close to a standstill as anyone will […]

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Andreessen Horowitz Applying Software Savvy to Sniff out Healthcare Deals With Biggest Bio Fund Yet

Ron Day — Wed, 05 Feb 2020 03:44:27 +0000

Andreessen Horowitz, the Silicon Valley PE firm that bet on Twitter, Skype and BuzzFeed, is boosting wagers on another industry being transformed by software: healthcare. The firm, with $10 billion in assets under management, has pulled together its third healthcare-focused fund, Bio III, with $750 million. That’s more than triple the $200 million it raised […]

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Robust PE Deals in Europe Cooled Last Year From 2018’s Blistering Pace

Margot Habiby — Fri, 24 Jan 2020 17:59:56 +0000

Europe’s private-equity market remained “robust” last year but the value of the deals done slipped from 2018’s record levels, according to Pitchbook. Almost 3,900 deals were done, down from about 4,000 in 2018, Pitchbook’s Annual European Breakdown report showed. They were worth$501.2 billion, a 2.4% decrease from a year earlier but were still the second […]

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Private Equity Investment in India Jumped to Record, Even as Economy Cools, on Infrastructure Bets

Mark Shenk — Mon, 13 Jan 2020 18:56:25 +0000

Investors’ faith that India would keep building was on display in 2019, even as forecasts project growth to cool even further. Buoyed by a surge in infrastructure-focused deals, private equity investments gained 2.8% to $37 billion, according to Venture Intelligence, an Indian research and analysis firm. The previous high was 2018’s $36 billion. The number […]

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PE Fundraising Seen Slowing in 2020 While IPOs Pick Up, Pitchbook Says

Bruce Rule — Fri, 10 Jan 2020 18:55:10 +0000

U.S. private equity firms raised a record amount of money last year, fueled by investors’ appetite for tech. Don’t expect a repeat this year, Pitchbook says. More than $300 billion was raised in 2019 across some 5,100 deals, according to Pitchbook’s 2019 Annual U.S. PE Breakdown report. The deals’ total value was more than two-thirds […]

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Global VC Market Seen Surging as Pensions, Mutual Funds Jump In, Report Says

Scarlett Kuang — Fri, 20 Dec 2019 21:38:46 +0000

Global venture capital investments may surge next year on demand for late-stage company mega-deals, juiced by the addition of nontraditional investors like pensions, hedge funds and mutual funds, a report predicted. “2020 will mark a new annual record for US mega-deals,” PitchBook predicted in its 2020 Venture Capital Outlook Report without giving a specific amount. […]

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Private Equity, Biotech Industry Worried Pelosi Drug Plan Would Be ‘Destructive,’ Slow Innovation

Ron Day — Wed, 11 Dec 2019 21:12:01 +0000

Private equity and venture capital firms, which have poured billions of dollars in biotech firms, are opposing House Speaker Nancy Pelosi’s plan to cut drug prices, saying it would stifle the small firms that are often the source of new medications. Venture capitalists met with Pelosi’s staff, as well as House and Senate Democrats over […]

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Robo-Advisors Not Replacing Human Financial Planners — At Least Not Yet

Ron Day — Mon, 02 Dec 2019 21:41:20 +0000

Private equity and venture capital are pouring billions into robotic financial tools, but consumers still overwhelmingly want to talk to a live financial planner when it comes to getting investing advice. Only about 11% of financial planners currently use digital investment tools, according to a survey by Financial Planning, and that number actually declined slightly […]

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Unicorn Automation Anywhere, Maker of Robotics Software, Gets Salesforce-Led Funding

James Peter Rubin — Fri, 22 Nov 2019 21:00:06 +0000

Automation Anywhere, a maker of robotics software, secured its second massive investment in a year, the latest evidence of investors’ appetite for artificial intelligence-enabled robotics technology. Salesforce Ventures, the investment arm of software giant Salesforce, led the $290 million Series B round, which also included Goldman Sachs and Softbank Investment Advisors. Automation Anywhere’s AI-enabled software, […]

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