Private Equity Wire Newsletter

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NEWSLETTER | 8 Jan 2020

Spotlight on – Sweta Chattopadhyay, Director, Bfinance…

In the first Private Equity Wire newsletter of 2020, we have the latest in our Spotlight series of profiles of some of the industry's leading voices, with Sweta Chattopadhyay, Director, Bfinance, discussing her personal career evolution, and the industry changes she has seen along the way.

In fund launches, we have news of the final closed Platinum Equity's flagship fund at USD10 billion, plus new offerings from HIG WhiteHorse, Graycliff and Shoreline Equity, plus a a new VC fund from tyre giant Goodyear focused on future mobility solutions.

And in deal news, we report on acquisitions by Nimbus and Clearview Capital, plus exits by CBPE Capital and Graycliff Partners…

Private Equity Wire

Sweta Chattopadhyay, Director, Bfinance - Charting the change in LP attitudes towards PE investing

Wed | 8 Jan 2020, 12:38

Since starting her career in 2006 at ABN AMRO, Sweta Chattopadhyay has seen, first-hand, how investors have changed their allocation preferences to private equity. Having worked at a number of prominent UK pension schemes as an in-house advisor, where she developed a broad network of PE manager relationships, Chattopadhyay currently works as Director within the Private Markets team at Bfinance, a London-based independent consultant to global institutional investors, where she is head of Private Equity advisory. Here, Chattopadhyay talks to Private Equity Wire about her personal career evolution, and the changes she has seen along the way.

Wed | 8 Jan 2020, 12:38

Platinum Equity has held the final close of its latest global buyout fund, Platinum Equity Capital Partners V, with USD10 billion in total capital commitments.

Wed | 8 Jan 2020, 12:38

HIG WhiteHorse, the credit affiliate of global alternative asset management firm HIG Capital (HIG), has closed the HIG WhiteHorse Principal Lending Fund with capital commitments of approximately USD1.1 billion.

Wed | 8 Jan 2020, 12:38

Shoreline Equity Partners, a purpose-driven lower middle market private equity firm, has held the final close of its inaugural private equity fund, Shoreline Equity Partners Fund.

Wed | 8 Jan 2020, 12:38

The Goodyear Tire & Rubber Company has launched a new venture capital fund, Goodyear Ventures, with USD100 million targeted for new investments in future mobility solutions over the next 10 years.

Graycliff closes USD350m buyout fund

Wed | 8 Jan 2020, 12:38

Graycliff Partners has held the final closing of the firm’s fourth private equity fund, Graycliff Private Equity Partners IV LP (GPEP IV). The oversubscribed fund closed at its hard cap of USD350 million in limited partner commitments.

Wed | 8 Jan 2020, 12:38

Nimbus has acquired the Centrifugal Castings Division of Doncaster’s Group for an undisclosed sum. The division comprises of Teeside based Paralloy and South Yorkshire based FVC both providing specialist engineered products that service domestic and international markets in the petrochemicals, and aerospace industries respectively.

Wed | 8 Jan 2020, 12:38

Clearview Capital Fund III’s portfolio company, Nielsen-Kellerman Co (NK) and its affiliates, have completed the acquisition of Ambient (Ambient Weather). The transaction closed on 6 December, 2019.

CBPE exits Allied Glass

Wed | 8 Jan 2020, 12:38

CBPE Capital (CBPE) has completed the sale of its shareholding in Allied Glass (Allied) to a vehicle funded by Sun Capital and Allied management. The terms of the transaction have not been disclosed.

Graycliff Partners sells HarperLove

Wed | 8 Jan 2020, 12:38

Graycliff Partners has sold HarperLove Holdings, a provider of specialty chemicals and services, to HBM Holdings Company.