Media Center

  PRESS RELEASE
December 16, 2015

Barteca Holdings Announces Growth Investment from General Atlantic

Barteca Holdings, the parent company of Barcelona Wine Bar and Bartaco, announced today a minority investment from General Atlantic, a leading growth equity firm. General Atlantic joins existing investor Rosser Capital Partners, a private investment firm focused on investing in restaurant, consumer and retail companies.

  PRESS RELEASE
December 16, 2015

Blackstone to Invest $170 million in IBS Software

Global Travel, Transportation and Logistics technology major IBS Software announced today that it will receive $170 million private equity investment from funds managed by Blackstone (NYSE:BX) in exchange for a minority shareholding. Blackstone is buying out General Atlantic, a leading growth equity firm that has been invested in IBS since 2007, and other shareholders. The transaction is expected to close within a month, subject to customary regulatory approvals.

  PRESS RELEASE
December 9, 2015

Axel Springer acquires the remaining 15 percent in online classified ad company Axel Springer Digital Classifieds

Axel Springer, one of the world’s largest digital publishers in terms of reach, has acquired a 15 percent ownership interest in Axel Springer Digital Classifieds GmbH from General Atlantic, a leading global growth equity firm. Through this transaction, Axel Springer is the 100 percent holder of the Axel Springer Digital Classifieds, which includes StepStone, SeLoger, Immowelt/Immonet and yad2. As part of the transaction, General Atlantic will receive 8,955,311 new shares in Axel Springer SE. Thus, General Atlantic holds 8.3 percent in Axel Springer. The new shares are created on the basis of the authorized capital as agreed at the Annual General Meeting 2015.

  PRESS RELEASE
December 8, 2015

General Atlantic Announces Promotions to Managing Director and Principal

General Atlantic, a leading global growth equity firm, today announced the promotions of Jörn Nikolay to managing director and Roni Elchahal, Andrew Ferrer, and Rajat Sood to principal. Mr. Nikolay leads the firm’s Munich office. Mr. Elchahal is responsible for the firm’s EMEA capital partnering effort based in London, and Mr. Ferrer and Mr. Sood are senior investment professionals in the firm’s New York and Mumbai offices, respectively. The promotions will be effective as of January 1, 2016.

  PRESS RELEASE
December 1, 2015

AppDynamics Closes $158 Million in Growth Financing to Fuel Platform and Sales Expansion

AppDynamics, a leading application intelligence company, today announced it has secured $158 million in growth financing from new investors led by General Atlantic and Altimeter Capital, with participation from Adage Capital, Industry Ventures, Goldman Sachs, and Cross Creek Advisors. Existing investors IVP, Greylock Partners and Lightspeed Venture Partners also participated in the round.

  PRESS RELEASE
November 26, 2015

General Atlantic and Warburg Pincus Make Strategic Growth Investment in Network International as The Abraaj Group Exits 5-year Investment

Network International (the “Company”), a leading payment solutions provider in the Middle East and Africa, today announced that affiliates of global investment firms Warburg Pincus and General Atlantic have agreed to acquire a 49% stake in the Company from The Abraaj Group (“Abraaj”). Emirates NBD will continue to own a 51% stake in the Company.

  NEWSROOM
November 9, 2015

Bill Ford Discusses Growth Equity Investing with Leaders Magazine

Bill Ford, CEO of General Atlantic participated in a Q&A interview on growth equity investing in Leaders Magazine.

  NEWSROOM
November 9, 2015

GA’s Jonathan Korngold named to Institutional Investor’s “Fintech Finance 35”

Jonathan Korngold, Managing Director and Global Head of General Atlantic's Financial Services Sector, was named to Institutional Investor's "Fintech Finance 35," a list of top players in fintech investing.

  NEWSROOM
November 5, 2015

GA’s Casey Santos on sparking the light to a STEM Career

Casey Santos, General Atlantic’s Chief Information Officer, authored an article in Scientific American, encouraging the importance of STEM field careers for young people. In the article, Casey sheds light into her upbringing and career path to inspire readers to work hard and seize new opportunities as they unfold.

  PRESS RELEASE
October 24, 2015

IIFL Announces Strategic Growth Investment from General Atlantic in its Subsidiary, IIFL Wealth

IIFL Holdings Limited (Bloomberg: IIFL IN), announced today that General Atlantic, a leading global growth equity firm, will make a strategic investment to become a minority shareholder in its wealth subsidiary, IIFL Wealth Management Limited (“IIFL Wealth”), one of India’s leading wealth management companies. General Atlantic’s investment will help to support the company’s continued growth and platform expansion as the premier wealth management company in India.

  NEWSROOM
October 2, 2015

Graves Tompkins, Managing Director, General Atlantic Named 2016 David Rockefeller Fellow

The Partnership for New York City, an organization comprised of the chief executives of the city’s largest private sector employers, announced the newest class of David Rockefeller Fellows, a group of twenty senior executives selected to participate in a year-long business and civic leadership program. General Atlantic's Graves Tompkins, Managing Director and Head of Capital Partnering, has been named one of the 2016 David Rockefeller Fellows.

  PRESS RELEASE
September 30, 2015

Avant Announces $325 Million Series E Funding Round and Strategic Partnership with General Atlantic

Avant, one of the nation’s fastest growing marketplace lending platforms, announced today it has signed a definitive agreement related to a $325 million Series E equity finance round and expects to close the transaction in mid-October. The funding round is being led by global growth equity firm General Atlantic, with additional participation from Balyasny Asset Management and J.P. Morgan. Existing investors Tiger Global Management and August Capital are expected to participate in the financing round as well as RRE Ventures and DFJ Growth.

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