The company powercloud GmbH, a fast-growing cloud software provider for the energy sector, and General Atlantic, a leading global growth equity firm, have announced today a strategic partnership. General Atlantic will acquire a minority stake in powercloud. Additional terms of the transaction were not disclosed.
General Atlantic, a leading global growth equity firm, announced today that Justin Kotzin has joined the firm as an Operating Partner and Head of Debt Capital Markets. Based in New York, Mr. Kotzin will be part of General Atlantic’s Resources Group, providing expertise and strategic counsel to the firm’s investment teams and portfolio companies.
Eric Zhang, Managing Director and Head of China at General Atlantic, was named “Influential PE Investor of the Year 2018”, and General Atlantic was named “Influential PE Investment Firm of the Year 2018” by China Renaissance. China Renaissance, a leading Chinese financial advisor, selects these annual awards to honor the year’s most impressive investment professionals and private equity firms in China.
Advent International to acquire majority stake in leading third-party hotel operator Aimbridge Hospitality
Advent International, one of the largest and most experienced global private equity investors, today announced that it has signed a definitive agreement to acquire a majority ownership interest in North America’s leading third-party hotel operator Aimbridge Hospitality from Lee Equity Partners, a U.S.-based private equity firm, and General Atlantic, a leader in global growth investing. Aimbridge’s experienced senior management team will continue to lead the company and will retain a meaningful equity stake in the business.
General Atlantic, a leading global growth equity firm, announced today that Rob Perez, former President and CEO of Cubist Pharmaceuticals, Inc. has joined the firm as an Operating Partner. Based in the firm’s New York office, Mr. Perez will have a particular focus on the biopharma and life sciences sectors, using his expertise to identify new investment opportunities and support the growth of the firm’s existing investments. Mr. Perez will be a part of the General Atlantic’s Resources Group, providing strategic counsel to the firm’s investment teams and portfolio companies.
Invoice Cloud, Inc. (“Invoice Cloud”), a leading Software as a Service (“SaaS”) provider of vertical software, billing, and payments solutions, today announced a strategic partnership with General Atlantic, a global growth equity firm. General Atlantic, which will become the majority shareholder, will invest in Invoice Cloud alongside existing shareholder Summit Partners and Invoice Cloud management to help fuel the company’s next stage of growth.
Gabriel Caillaux Named to Financial News’ inaugural list of ‘The 50 Most Influential People in European Private Equity’
Gabriel Caillaux, Managing Director and Head of EMEA, based in General Atlantic’s London office, was named in Financial News’ inaugural list of the ‘50 Most Influential People in European Private Equity’. Since joining the firm in 2004, Gabriel has helped expand the firm’s investment focus across the greater European region to include Eastern Europe and the Middle East. Over the past year, Gabriel has been involved in 12 European deals. He serves on the boards of Argus Media, Greensill, ManoMano, Network International, NuCom Group and SÉZANE.
General Atlantic, a leading global growth equity firm, announced the promotions of Chris Caulkin, Roni Elchahal, Andrew Ferrer, and Peter Munzig to Managing Director, and Preston McKenzie to Operating Partner. The firm also promoted Rodrigo Catunda and Luiz Ribeiro to Principal. The promotions will be effective as of January 1, 2019.
QuintoAndar, the Brazilian start-up that created an innovative digital apartment rental platform, has secured R$ 250 million in a Series C funding round led by General Atlantic, a leading global growth equity firm. Existing investors also participated in the round, including Kaszek Ventures, Ruane, Cunniff & Goldfarb, Qualcomm Ventures and QED. The investment is intended to enable QuintoAndar to accelerate its expansion plans and consolidate its market leadership in residential rentals in Brazil.
Property Finder ( or “the Company”), a leading real estate classifieds portal in the Middle East, North Africa and Turkey, announced today $120 million in investment from its latest investment round led by General Atlantic, a leading global growth equity firm. The round also included participation from existing shareholder, Vostok New Ventures Ltd.
Today, Health and Human Services Deputy Secretary Eric Hargan announced the initial core participants of the Deputy Secretary’s Innovation and Investment Summit (DSIIS) and December 18, 2018 as the date of the first meeting. As announced on September 19, 2018, the DSIIS will be a yearlong collaboration between healthcare innovation and investment professionals and HHS personnel who will meet quarterly to discuss the innovation and investment landscape within the healthcare sector, emerging opportunities, and the government’s role in facilitating more investment and accelerated innovation.