Outseer Appoints Chief Marketing Officer

Stg Partners

Marketing Leader Joins to Amplify Next Generation of Product Innovation

Outseer, a longstanding innovator in digital fraud prevention, today announced the appointment of Chris Willis as Chief Marketing Officer (CMO). Chris brings over 25 years of experience successfully driving customer centricity and growth in B2B SaaS companies spanning AI, mobile, and cloud technologies. Chris joins Outseer at a pivotal time as the company has been redefining industry standards through active innovation on its globally trusted, AI-based fraud platform.

With a proven track record leading high performing teams to exceptional customer outcomes, Chris will focus on strategic customer engagement to support the company’s mission of making the world a safer place through the provision of market leading fraud solutions. Before joining Outseer, Chris served as CMO for multiple high-growth organizations, successfully developing and executing strategies that drove strategic customer engagement, market expansion, and revenue growth. These strategies included launching AI-powered products, establishing new product categories, and positioning brands for marketplace clarity.

“We are thrilled to welcome Chris to the Outseer executive team,” said John Filby, CEO of Outseer. “Outseer enjoys a rich heritage of innovation, including single-handedly creating and coining ‘adaptive authentication’ as a new fraud solution category that revolutionized account takeover prevention. We are bringing that same spirit of innovation to the prevention of scams and authorized fraud. Chris will ensure that our marketplace of global financial institutions is fully aware of the difference that these innovations can make for them in their ongoing fight against fraud.”

Categories: People

BGF backs CWC Group, as part of £300m pledge to female-led businesses

BGF

ased in Northern Ireland, the family-owned specialist care provider has secured a multi-million-pound investment, to support its growth plans.

11 August 2025

BGF has made a multi-million-pound investment in CWC Group, a family-owned specialist care provider, based in County Down, Northern Ireland. The investment is the first BGF has made into a female-powered business, since it committed at least £300 million to the Invest in Women Taskforce’s funding pot, to support scaling female-powered businesses over the next five years.

CWC Group leadership team outside the company's head officeCWC Group’s Chief Learning & Development Officer Shauna Byrne, NXC Paula Kane, and Chief Executive Aisling Byrne

First founded in 1983, by sisters-in-law Monica Byrne and Imelda McGrady, CWC Group is a healthcare company that provides high-quality domiciliary, residential nursing and disability care, across seven locations throughout Northern Ireland. The business continues to be family-run, now operated by Monica’s daughters: Chief Executive Aisling Byrne and Chief Learning & Development Officer Shauna Byrne.

Commenting on the deal, Chris Nixon, Investor at BGF, said: “CWC Group has an exceptional heritage of providing high-quality care services to those in need. At a time when there is a shortage of quality facilities to meet demand in Northern Ireland, we’re looking forward to working with Aisling, Shauna, and the wider team, to expand their care home portfolio and continue to provide a vital service to communities across the province.”

BGF’s investment will support CWC Group’s acquisition of new sites and develop its service offering in specialist care.

The company has also welcomed Paula Kane to its Board, as Non-Executive Chair, and David Jones, as Non-Executive Director, to provide further expertise as the company scales. Paula was previously Founder and CEO of Ashdale Care Ireland, while David is an ex-Deloitte UK healthcare partner.

Aisling Byrne, Chief Executive of CWC Group, said: “This investment from BGF comes at an exciting time for CWC Group, and will enable us to take the next steps towards developing our care services for our service users and geographical footprint in Northern Ireland. We have a solid pipeline of new specialist care homes that will enable us to further support the NI Trusts with high-quality, dedicated care facilities for adults with specialist care needs.

“BGF’s investment, alongside the experience and know-how of our new Board members, will support the advancement of our ambitions, and retain exceptional levels of care and dedication to our service users that are at the very heart of our core values.”

CWC Group leadership, sisters Aisling and Shauna ByrneFamily-run CWC Group’s leadership team, sisters Aisling and Shauna Byrne

Andy Gregory, CEO of BGF, commented: “CWC Group has been built on deep expertise and a profound commitment to care. What stands out is not just the strength of its services, but the calibre and vision of its leadership. We’re proud for this to be our first investment, since making our £300 million commitment to female-powered businesses.

“As a founding member of the Invest in Women Taskforce, we have reaffirmed our determination to help shape a more balanced and representative entrepreneurial economy — one that reflects the full spectrum of talent across the UK.”

BGF’s pledge to invest in female-led businesses forms part of its overall commitment to invest £3 billion in high-potential businesses across the UK, over the next five years.

BGF CEO Andy Gregory speaking at our 2025 WEB (Women in Entrepreneurship and on Boards) Forum, in partnership with the Invest in Women TaskforceBGF CEO Andy Gregory speaking at our 2025 WEB (Women in Entrepreneurship and on Boards) Forum

Hannah Bernard, Co-Chair of the Invest in Women Taskforce, added: “Our recent data found that all-female founded businesses in Northern Ireland received just 2% of the nation’s total equity funding in 2024, compared to 78% for all-male teams. The Invest in Women Taskforce has been working hard to change this trend and it’s fantastic to see the capital starting to be deployed into such brilliant businesses across the UK. More investments like this from BGF are critically needed to support economic growth.”

“The first deployment by BGF from the Invest in Women Taskforce funding pool is a huge moment”, said Debbie Wosskow, Co-Chair of the Invest in Women Taskforce.

“We set out to create a generational shift in how capital is allocated, and the shift is starting to happen. BGF has identified in CWC Group a purpose-led business in its provision of care, but also one led by incredible women for four decades, to become the Ireland-wide network it is today. These types of female-run businesses are right under the noses of investors and are being overlooked.

“But this is just the start. The trend has been declining for so many years that we need much more action and much more leadership from institutions to join us in doing the same — and reap the benefits.”

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Apollo Funds Reach Agreement with American Securities to Acquire Trace3, a Leading Technology Solutions Provider Driving Adoption of Next-Generation Technology and AI

Apollo logo

Strategic Investment to Accelerate Trace3’s Growth and Expand Solutions Across Security, Hybrid Cloud and AI

IRVINE, Calif. and NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) — Apollo (NYSE: APO) today announced that funds managed by its affiliates (the “Apollo Funds”) have agreed to acquire Trace3, a leading provider of enterprise and commercial technology solutions, from American Securities. Financial terms were not disclosed. American Securities will retain a significant minority equity interest in the company.

Trace3 is a leading digital transformation and IT solutions provider to commercial and enterprise clients, including many of the Fortune 500. Since its founding in 2002, Trace3 has established a national, market-leading position in the technology solutions provider space with significant expertise in artificial intelligence, cloud, security, data and analytics, managed services, data center infrastructure and emerging technology. The company is well positioned to benefit from strong demand for next-generation IT infrastructure and services as digital transformation and AI adoption continue to accelerate.

“The partnership with Apollo is a powerful testament to the quality of our brand, our people and our consistent track record of growth,” said Rich Fennessy, Chief Executive Officer of Trace3. “They embrace our unwavering commitment to innovation, technical excellence and deep client relationships. Together, we’re poised to accelerate the Company’s trajectory while preserving the special culture that continues to attract the best talent in technology.”

“Trace3 is a recognized leader in enterprise IT, with a strong culture of innovation and a track record of delivering critical and cutting-edge products and services to its broad client base,” said Robert Kalsow-Ramos, Partner at Apollo. “We see a meaningful opportunity to support Trace3’s efforts to meet AI-related demand across their client base and expand high-value service offerings while pursuing strategic M&A to help accelerate the company’s growth trajectory. We’re excited to partner with the Trace3 team in this next chapter of growth.”

“Trace3’s management team has done an exceptional job scaling the business, expanding its capabilities and establishing the company as a trusted partner in delivering cutting-edge technology solutions. We’re proud to have supported their growth, which reflects American Securities’ strategy of partnering with strong teams in sectors where we can add lasting value. We look forward to continuing our partnership alongside Apollo and the Trace3 team as the company enters its next phase,” said Kevin Penn, Managing Director of American Securities.

Apollo has deep experience successfully investing in the IT services and distribution space, including prior investments by Apollo-managed funds in Presidio and TD SYNNEX.

The transaction is subject to customary closing conditions and regulatory approvals.

Citi served as lead financial advisor, Wells Fargo and Royal Bank of Canada also served as financial advisors, and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to the Apollo Funds. Guggenheim Securities, LLC served as financial advisor and Kirkland & Ellis LLP served as legal counsel to Trace3 and American Securities.

About Trace3
Trace3 is a premier provider of technology consultation services and advanced IT solutions. Founded in 2002, Trace3 empowers organizations to embrace digital transformation through elite expertise and insightful innovation. With deep roots in the data center, Trace3 offers a broad mix of end-to-end technology services and solutions. These range from artificial intelligence and data insights to cloud computing and security consulting. Trace3 also maintains a Venture Capital (VC) CXO briefing program with a sharp focus on emerging technologies and provides clients with extensive research focused on the latest IT trends. For more information, visit www.trace3.com.

About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees and the communities we impact to expand opportunity and achieve positive outcomes. As of June 30, 2025, Apollo had approximately $840 billion of assets under management. To learn more, please visit www.apollo.com.

About American Securities
Based in New York with an office in Shanghai, American Securities is a leading U.S. private equity firm that invests in market-leading North American companies with annual revenues generally ranging from $200 million to $2 billion. American Securities and its affiliates have approximately $23 billion in assets under management. For more information, visit www.american-securities.com.

Contacts

Apollo
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
(212) 822-0540
IR@apollo.com

Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
(212) 822-0491
Communications@apollo.com

Trace3
Jill Simpson
Manager, Public Relations
(269) 930-0912
Jill.simpson@trace3.com

American Securities
Joshua Rosen / Nick Kyriacou
Prosek Partners
pro-americansecurities@prosek.com

BradyPLUS and Imperial Dade to Unite, Advancing a Shared Vision of Customer-Centric Growth

Advent

as Vegas, NV and Jersey City, NJ, August 11, 2025 – BradyPLUS, a provider of janitorial and sanitation (“JanSan”), foodservice, and industrial packaging products and solutions, and Imperial Dade, a leading distributor of foodservice, JanSan, and industrial packaging products and solutions, jointly announce the two companies plan to merge. Terms of the Merger were not disclosed.

The merger brings together two organizations with a shared passion for delivering exceptional customer value and a common culture rooted in the legacy of family-owned businesses. The combined organization will be able to serve more customers with a broader portfolio of products and services.

“This transformational partnership will expand our geographic reach and significantly enhance our ability to serve our customers,” commented Ken Sweder, Chairman and Chief Executive Officer of BradyPLUS. “Imperial Dade is a fantastic business with a talented team and leadership that shares our core values. We are both passionate about delivering the best for our customers. Together, we’ll be more agile, more connected to customer needs, and better equipped to provide solutions to more customers across North America.”

“This is an exciting step for both organizations,” said Jason Tillis, Chief Executive Officer of Imperial Dade. “We’re combining two like-minded teams who put the customer first and share a commitment to building something special for the long term. I’m confident this partnership will create new opportunities for our people, our customers, and our suppliers.”

Benefits of the combined organization:

  • Greater customer-centricity, through an exceptional team of solutions-focused sales professionals, best-in-class digital tools, and a dedicated team of customer-facing experts,
  • Improved coverage to deliver the best service and support for customers, and
  • Expanded product offerings for customers.

Bain Capital Private Equity, LP, Kelso & Company, L.P., Advent International, Warburg Pincus LLC, Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), the Tillis Family, and management are among the capital partners involved in the merger. All existing capital partners will remain invested in the combined company and have representation on the board of directors. The merger is expected to close in the coming months, subject to regulatory approval and customary closing conditions. Until then, the two companies will continue to operate independently.

Goldman Sachs, Jefferies, and Kirkland & Ellis served as advisors to Imperial Dade. Harris Williams, Debevoise, and Kirkland & Ellis served as advisors to BradyPLUS.

About Imperial Dade

Founded in 1935, Imperial Dade is a leading distributor of foodservice, JanSan, and industrial packaging products and solutions in North America. With more than 125 strategically located facilities and a workforce of over 7,500 employees, Imperial Dade has built a business with national reach and localized service.

Since 2007, under the leadership of Chairman Robert Tillis and CEO Jason Tillis, Imperial Dade has achieved significant growth through a combination of organic initiatives and strategic acquisitions. For more information, visit www.imperialdade.com.

About BradyPLUS

BradyPLUS is a leading distributor and solution provider focused on JanSan, foodservice, and industrial packaging. We are driven to make customers more successful and operations more productive and sustainable. We offer Supplies PLUS Support: Premium brands, expert advice, and exceptional customer experiences. Our 6,000 associates have a passion for delivering innovative solutions for the business challenges of today and tomorrow. For more information, please visit www.BradyPLUS.com.

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Blackstone Announces Agreement to Acquire Enverus

Blackstone

New York, NY – August 6, 2025 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Enverus, a premier data analytics energy intelligence platform, from Hellman & Friedman and Genstar Capital.

Enverus was founded in 1999 and is a comprehensive data analytics platform empowering its customers’ capital allocation and asset optimization decisions across the entire energy ecosystem. Today, it is the largest and fastest-growing SaaS company and analytics provider dedicated to the energy market. It enables its 8,000 customers across 50 countries with real-time access to analytics, insights, and benchmark data from generative AI and partnerships with more than 95 percent of U.S. energy producers and 40,000 suppliers.

“This is more than a transaction – it’s a launchpad,” said Manuj Nikhanj, CEO of Enverus. “Blackstone shares our conviction that the future of energy will be defined by AI, real-time intelligence, and bold execution. Their global reach and deep expertise across energy, infrastructure, and data-rich industries will accelerate our momentum – helping us scale faster, build smarter, and deliver transformational outcomes for our customers. It is thanks to a strong partnership with H&F that Enverus is the company we are today. I am incredibly proud of what our team has built – especially our breakthrough work in power markets – and more excited than ever for what comes next.”

Eli Nagler and Bilal Khan, Senior Managing Directors at Blackstone, said: “As the leading energy-dedicated SaaS platform, Enverus’ advanced analytics and technology solutions are critical for its customers as they navigate unprecedented AI-driven electricity demand growth and the broader energy transition. We believe Blackstone’s energy market expertise and network can further enhance the company’s growth trajectory, and look forward to partnering with Manuj and the Enverus team.”

“After four years of tremendous partnership, Enverus stands as the clear SaaS, data, and analytics leader empowering the energy market,” said Ben Farkas, Partner at Hellman & Friedman. “We set out with a mission to build on the company’s core strengths, accelerate innovation, and expand its reach across the energy value chain. Today they are pioneering GenAI-powered solutions, scaling into new markets, and enabling smarter and more efficient decisions for customers worldwide. The company’s growth and culture of innovation have set a new standard for the industry. It’s been a privilege to partner with Manuj Nikhanj, Jeff Hughes, and the full Enverus team. We are confident Enverus is exceptionally well-positioned to shape the future of global energy.”

“Supporting Enverus through this exciting period of innovation and growth has been a great journey,” said Eli Weiss, Managing Partner of Genstar Capital. “We’re proud of the team’s achievements and are confident they are well positioned for continued success.”

Enverus represents the latest in a number of recent transactions Blackstone has announced behind its high-conviction investment themes in electricity demand growth and the ongoing energy transition, such as Potomac Energy CenterSediverWestwood Professional ServicesTrystar, and others. Blackstone’s core private equity strategy, Blackstone Energy Transition Partners, and Blackstone’s private equity strategy for individual investors are each expected to invest in Enverus as part of this transaction.

Terms of the transaction were not disclosed. The transaction is expected to close by the end of the year, subject to customary conditions. Citi and Morgan Stanley & Co. LLC acted as financial advisors and Kirkland & Ellis LLP acted as legal advisor to Enverus and Hellman & Friedman. RBC Capital Markets, LLC served as financial advisor and Simpson Thacher & Bartlett LLP served as legal advisor to Blackstone.

About Blackstone
Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

About Enverus
Enverus is the energy industry’s most trusted source for decision intelligence. With petabytes of proprietary data, deep domain expertise, and AI-native technology, Enverus empowers customers to invest smarter, operate more efficiently, and scale faster — across upstream, midstream, minerals, power, and renewables — all while navigating the most complex energy market in history. Learn more at www.enverus.com.

About Hellman & Friedman
Hellman & Friedman is a preeminent global private equity firm with a distinctive investment approach focused on a limited number of large-scale equity investments in high-quality growth businesses. H&F seeks to partner with world-class management teams where its deep sector expertise, long-term orientation, and collaborative partnership approach enable companies to flourish. H&F targets outstanding businesses in select sectors, including technology, financial services, healthcare, consumer services & retail, and information, content & business services. Since its founding in 1984, H&F has invested in over 100 companies and has over $115 billion in assets under management as of December 31, 2024. Learn more about H&F’s defining investment philosophy and approach to sustainable outcomes at www.hf.com.

About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high-quality companies for over 35 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $50 billion of assets under management and targets investments focused on targeted segments of the financial services, software, healthcare, and industrials industries.

Media Contacts

Blackstone

Matt Anderson
Matthew.Anderson@Blackstone.com
(518) 248-7310

Jennifer Heath
Jennifer.Heath@Blackstone.com
(347) 603-9256

Enverus

Jon Haubert
Jon.Haubert@enverus.com
(303) 396-5996

Hellman & Friedman

Dan Abernethy
Dan.Abernethy@fgsglobal.com
(646) 238-3902

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Vendis supports the growth of Nederlandse Obesitas Kliniek

Vendis Capital

Vendis Capital, the consumer sector specialized European private equity fund, invests in Nederlandse Obesitas Kliniek (NOK), the leading medical weight loss clinic in The Netherlands offering the full spectrum of weight loss treatments from lifestyle interventions to bariatric surgery and GLP-1 therapy.

The Nederlandse Obesitas Kliniek, headquartered in Huis ter Heide (the Netherlands), was founded in 1993 with the aim of making sustainable obesity care accessible to everyone. With over 30 years of experience, NOK has become the trusted name in obesity treatment and is now the leading medical weight loss clinic in The Netherlands, offering the full spectrum of obesity treatments, from lifestyle interventions to bariatric surgery and GLP-1 therapy.

With 11 clinics across the Netherlands and partnerships with 7 top clinical hospitals, NOK is widely recognized for delivering best-in-in-class long-term weight loss outcomes. NOK is known for its unique multidisciplinary approach, where patients are supported in every phase of the treatment by a team of medical professionals, psychologists, nutritionists, physiotherapists and lifestyle coaches. NOK has delivered consistent growth and already performed more than 50,000 successful treatments, with over 9,000 new patients being treated last year.

Vendis Capital teams up with Kobus Dijkhorst and Jean-Pierre van Erve, who have been leading the business since 2009, to accelerate the growth and development of the company.

Kobus Dijkhorst, CEO of Nederlandse Obesitas Kliniek is proud of the successes achieved in building NOK. “It is our mission to support our patients in their important journey towards a healthy weight and a healthy life. Loosing weight with a proven serious approach. We believe that Vendis Capital is the right partner to support us in our next phase of growth helping more and more people to loose weight with our proven approach. With Vendis as our partner, we’re set to elevate our proposition and accelerate the rollout of innovative, consumer-focused GLP-1 clinics across the Netherlands and international markets.”

Vincent Braams and Philip Vannieuwenhuyze, Partners at Vendis Capital: “We are excited to partner with Kobus and Jean-Pierre and the entire team at Nederlandse Obesitas Kliniek. NOK represents a fast growing, leading weight loss clinic with a unique approach that helps patients achieve sustainable, long-term weight loss results. It’s a pleasure to support the team in making this unique program available to more consumers who are looking to improve their quality of life”

The participation in Nederlandse Obesitas Kliniek represents the fifth investment within Vendis Capital IV, the €525m fund that was launched in 2024.

 

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KKR Leads Financing for Harvest Partners’ Growth Investment in Med-Metrix

KKR

NEW YORK–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced that credit funds and accounts managed by KKR served as lead investors on a financing to support the growth investment from funds managed by Harvest Partners, LP (“Harvest”) in Med-Metrix, LLC (“Med-Metrix” or “the Company”), a leading provider of technology-enabled Revenue Cycle Management (“RCM”) solutions. KKR Capital Markets also served as Left Lead Arranger and Bookrunner on the transaction.

The Company’s management team, led by CEO Joseph Davi, will continue to lead Med-Metrix and remain significant owners of the business. Med-Metrix’s prior owner, A&M Capital (“AMC”), will retain a minority stake in the Company and invest additional capital as part of the transaction.

Founded in 2010 and based in New Jersey, Med-Metrix is a leading platform providing RCM services and technology to health systems and physician groups across the United States. The Company offers end-to-end and point solution services supported by its proprietary technology platform.

Credit funds and accounts managed by KKR originally served as the sole lenders in the financing for AMC’s acquisition of Med-Metrix in 2021.

“Our long-standing relationships with Med-Metrix, Harvest, and AMC allowed us to move quickly and with conviction to seamlessly deliver a scaled solution for this transaction,” said Alexander Foreman, a Managing Director at KKR. “We are pleased to further deepen our commitment to Med-Metrix as part of this milestone growth investment, which serves a testament to the remarkable success of Joe and the entire team in expanding the Company’s reach and building out its comprehensive suite of offerings to serve even more healthcare systems and providers across the country.”

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

About Med-Metrix

Med-Metrix is a leading technology-enabled services platform providing RCM and Business Intelligence (“BI”) solutions for health systems and physician groups across the United States. Med-Metrix provides end-to-end as well as point solution RCM and BI services via the Company’s proprietary software platform. More information is available at www.med-metrix.com.

About Harvest Partners

Founded in 1981, Harvest Partners is an established private equity firm with over 40 years of experience investing in middle-market companies and partnering with high-quality management teams to build growing businesses. For more information, please visit www.harvestpartners.com.

About A&M Capital

A&M Capital is a multi-strategy private equity investment firm with over $6.0 billion in total commitments across its funds, vehicles, and accounts. The firm is led by a highly experienced investment team, which is augmented by a strategic association with A&M Consulting, a leading global operationally focused advisory firm. A&M Capital combines a focus on middle-market private equity investing with deep operational expertise, industry knowledge, and global corporate relationships, making A&M Capital an attractive partner to management teams and business owners. A&M Capital is headquartered in Greenwich, CT, with offices in Los Angeles, CA, West Palm Beach, FL, London, UK, and Milan, IT. For more information, visit www.a-mcapital.com.

Lauren McCranie
media@kkr.com

Source: KKR

 

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Stonepeak Completes USD 1.3 Billion Investment in Princeton Digital Group

Stonepeak

NEW YORK & SINGAPORE – August 8, 2025 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced the close of its previously announced USD 1.3 billion preferred equity investment in Princeton Digital Group (“PDG” or the “Company”).

The investment, which underscores Stonepeak’s confidence in PDG’s strategy, leadership, and execution, strengthens the Company’s position as a leading provider of hyperscale infrastructure in Asia Pacific. With Stonepeak’s partnership and the continued support of Warburg Pincus, Ontario Teachers’ Pension Plan, and Mubadala, PDG is poised to continue expanding across established and emerging markets in APAC through greenfield development and M&A.

PDG represents Stonepeak’s third data center investment in Asia Pacific and its ninth globally, following previous investments in Digital Edge, AGP Sustainable Real Assets, Cologix, CoreSite, Montera Infrastructure, Cirion, and others, and adds significant scale to Stonepeak’s APAC data center portfolio and pipeline, which today spans more than 2.5 GW of capacity in operations or development.

Barclays served as financial advisor and Sidley Austin LLP served as legal counsel to Stonepeak. Goldman Sachs and J.P. Morgan served as financial advisor and Latham & Watkins served as legal counsel to PDG.

About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $76.3 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include transport and logistics, digital infrastructure, energy and energy transition, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, Abu Dhabi, and Riyadh. For more information, please visit www.stonepeak.com.

About Princeton Digital Group
Princeton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in Singapore, Japan, India, Indonesia, China, and Malaysia, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia Pacific. For more information, visit www.princetondg.com or follow us on LinkedIn.

Contact

Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
+1 (646) 540-5225

Princeton Digital Group
Selena Sheikh
Selena.sheikh@princetondg.com

Finn Partners for Princeton Digital Group
PDG.ASIA@finnpartners.com

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Silver Lake Launches $400 Million Digital Infrastructure Platform with Adam Fisher and Peter Rumbold

Silverlake

Innovative, strategic partnership addresses escalating demand for AI and cloud workloads by delivering turnkey powered land and related energy generation solutions for data center development

MENLO PARK, Calif. & NEW YORK – Silver Lake, the global leader in technology investing, and Adam Fisher and Peter Rumbold, principals at Commonwealth Asset Management with deep expertise in real estate and infrastructure investing, today announced the launch of a digital infrastructure platform with $400 million of capital to assemble a global portfolio of strategically located powered land sites to address the key scarce input in meeting the escalating demand for data centers.

The company brings together Silver Lake’s extensive expertise in data center development and its deep relationships in the technology ecosystem with Messrs. Fisher and Rumbold’s proven track record across real estate and infrastructure, providing a comprehensive suite of solutions for cloud and artificial intelligence (“AI”) data center deployments. By integrating grid power and behind-the-meter generating solutions into scalable land sites, the platform’s approach ensures rapid energization and maximizes land site readiness, significantly enhancing strategic value for data center developers and technology companies.

The platform is currently operating in and targeting strategic, high-growth markets across the U.S., Canada and the U.K., where power access is becoming an increasingly scarce critical resource.

“This investment represents a long-term commitment to not only meeting the immediate needs of AI-driven data center growth but also positioning the company as a leader in the future of digital infrastructure and a one stop shop for rapidly growing developers and hyperscalers,” said Lee Wittlinger, Managing Director at Silver Lake. “Our innovative approach to land and power solutions, combined with strategic relationships with key energy partners, will enable us to meet the evolving demands of hyperscalers with a holistic, differentiated approach.”

“Data centers are a critical infrastructure in modern society and with the immense growth of AI and cloud computing, the ability to deploy large-scale data centers rapidly with secure, scalable power is crucial,” said Adam Fisher. “With our combined expertise at the cross section of real estate, infrastructure and technology, we’re excited to partner with Silver Lake to create a platform that is uniquely positioned to take advantage of this demand by providing turnkey land and power solutions in highly strategic global locations to transform the future of digital infrastructure.”

Global power demand from data centers is projected to increase 50% by 2027, with forecasts indicating a potential rise of up to 165% by the end of the decade, highlighting the growing need for efficient, scalable energy solutions1. With a planned portfolio of over six gigawatts of power across multiple global markets, this new platform is well positioned to capitalize on the immense need for power being driven by hyperscalers.

About Silver Lake
Silver Lake is a global technology investment firm, with approximately $103 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Silver Lake’s portfolio companies collectively generate nearly $254 billion of revenue annually and employ approximately 456,000 people globally.

 

About Adam Fisher
Adam is the Founder and Chief Investment Officer of Commonwealth Asset Management. Over the last 18 years, Adam has successfully built and led numerous investment management practices across both public and private markets. Prior to launching Commonwealth, Adam served as the Global Head of Macro and Real Estate for a New York-based Family Office and founded and served as the CIO of Commonwealth Opportunity Capital, a global macro hedge fund.

 

About Peter Rumbold
Peter Rumbold is the President of Commonwealth Asset Management and oversees all of the firm’s real estate investment activities. With over 20 years of experience, Peter has held real estate investment roles at several firms including a New York-based Family Office, Winter Properties LLC, Cerberus Real Estate Capital Management, LLC and Sterling American Property, Inc.

1 Goldman Sachs. (2025, February 4). AI to drive 165% increase in data center power demand by 2030. https://www.goldmansachs.com/insights/articles/ai-to-drive-165-increase-in-data-center-power-demand-by-2030. Accessed 15 May 2025.

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Carlyle AlpInvest Closes Largest Publicly Rated GP-Led CFO at $1.25 Billion

Carlyle

Transaction Marks the Second Carlyle AlpInvest CFO in 10 months

Offering Follows $1 Billion CFO Completed in October 2024 

New York, NY – August 7, 2025 – Carlyle AlpInvest, a leading global private equity investor, today announced the closing of its second Collateralized Fund Obligation (“CFO”) offering, totaling $1.25 billion. The transaction marks Carlyle AlpInvest’s third securitization transaction and the largest publicly rated GP-led CFO to date.

Building on the success of Carlyle AlpInvest’s $1 billion CFO completed in October 2024, this latest offering demonstrates sustained investor demand for innovative, structured access to diversified private equity exposure. With $2.25 billion in aggregate issuance across the two transactions, Carlyle AlpInvest continues to scale its capabilities in securitization, structured products and portfolio finance to meet the growing appetite for private market solutions tailored for insurance companies and other institutional investors.

Consistent with its predecessor, Carlyle AlpInvest’s latest CFO was designed to offer access to diversified private equity investment content across strategies, geographies, and vintages. The underlying portfolio includes broadly diversified exposure across Carlyle AlpInvest’s flagship private equity secondaries, portfolio finance, and co-investment strategies. A broad range of institutional investors, including insurance companies, asset managers, banks and family offices, participated in the CFO.

Michael Hacker, Partner and Global Head of Portfolio Finance at Carlyle AlpInvest, emphasized, “This CFO transaction is another milestone for Carlyle AlpInvest that showcases the convergence of our core capabilities: our ability to originate compelling private market portfolios through our secondaries and portfolio finance platform, and our expertise in providing structured solutions that can also meet growing demand for capital-efficient exposure to private markets.”

Matthew Romanczuk, Managing Director at Carlyle AlpInvest added, “The reception to the CFO validates our thesis that certain institutional investors increasingly value structured exposure to diversified private equity portfolios with high-quality underwriting, operational transparency, and attractive risk-adjusted return potential.”

Carlyle AlpInvest recently raised over $4 billion for its Portfolio Finance platform, which delivers tailored financing solutions to private equity funds, general partners, and limited partners. Of this total, $3.2 billion was raised for AlpInvest Strategic Portfolio Finance Fund II (“ASPF II”), inclusive of parallel SMAs and co-investments.

Evercore served as lead bookrunner, lead structuring agent and joint placement agent for the transaction. TCG Securities and Wells Fargo Securities, LLC acted as co-structuring agent, joint placement agent and co-manager, and Ropes & Gray LLP served as legal advisor to Carlyle AlpInvest.

About Carlyle AlpInvest

Carlyle AlpInvest is a leading global private equity investor with $97 billion of assets under management and more than 600 investors as of June 30, 2025. It has invested with over 380 private equity managers and committed over $100 billion across primary commitments to private equity funds, secondary transactions, portfolio financings, and co-investments. AlpInvest employs more than 230 people in New York, Amsterdam, Hong Kong, London, and Singapore. For more information, please visit www.carlylealpinvest.com.

Media Contacts

Kristen Ashton
+1 212-813-4763

Kristen.Ashton@carlyle.com

 

Isabelle Jeffrey
+1 (212) 332-6394
Isabelle.Jeffrey@carlyle.com

Categories: News