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5Y Capital closes more than $2bn of US-dollar, renminbi funds six months after rebrand from Morningside Venture Capital


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Chinese private equity house 5Y Capital, which rebranded from Morningside Venture Capital six months ago, has closed its latest dual-currency US dollar and renminbi fundraise on more than $2bn.
The funds hit their hard caps “in a very short time after initial launch”, the firm said, with the US dollar funds alone exceeding $1.7bn.
The dollar vehicles include 5Y’s early-stage venture fund and its first ever growth fund.
Firm founding partner Richard Liu said, “5Y’s priority has always been exploring and fostering what can bring long-term impact to the society.
“Today, information technology is unprecedentedly penetrating into all walks of life. Cloud computing, big data and artificial intelligence have led to changes in the underlying technology architecture. ....

Knowledge Bank , 5y Capital , Fund Close , Morningside Venture Capital , Private Equity , அறிவு வங்கி , நிதி நெருக்கமான , நிதி திரட்டல் , காலை துணிகர மூலதனம் , ப்ரைவேட் பங்கு , அமெரிக்க டாலர் ,

Ex-Altamont Capital Partners pair seal Calpine Containers buyout through new firm Rainier Partners


April 12, 2021
Main Capital has acquired a majority stake in Paragin, which builds software to improve competence, knowledge and talent development for small businesses in education.
AltAssets has been serving the global private equity industry for over a decade and has become established as a trusted source of independent news and views on the industry by thousands of professionals worldwide. ....

Knowledge Bank , Alex Rolfe , Altamont Capital Partners , Calpine Containers , John Altman , Private Equity , Rainier Partners , அறிவு வங்கி , அலெக்ஸ் ரோல்ஃப் , அல்டமோண்ட் மூலதனம் கூட்டாளர்கள் , ஜான் அல்ட்மன் , ப்ரைவேட் பங்கு ,