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Preservation Capital Partners, the European mid-market PE firm focused on financial and business services, has closed its third fund at its €877m hard cap after an oversubscribed fundraising which took just six months.
The post Preservation Capital Partners closes third fund at €877m hard cap, doubling predecessor vehicle appeared first on AltAssets Private Equity News.
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North Carolina-based private equity firm LionLight Capital has sped to a $215m hard cap close of its debut fund in just ten weeks, picking up strong support for its strategy of targeting financial and professional services businesses.
The post LionLight Capital races to $215m hard cap debut fund close in 10-week raise appeared first on AltAssets Private Equity News.
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Also in today's newsletter: New York's data centre crackdown and the new era of critical mineral diplomacy
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Cyclospora in Maryland: Cases more than double since last week WBAL-TVCyclosporiasis Outbreak with Unknown Source Centers for Disease Control and Prevention | CDC (.gov)'Poop parasite' sickens hundreds statewide, Harnett County doctor warns of telltale symptoms WRALOpinion | How Worried Should You Be About Eating Lettuce? The New York TimesThe Explosive Diarrhea Outbreak Is About to Get Much Bigger WIRED
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Don't put all your eggs in one basket
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Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.
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