Tag: exclusive

Malibu’s Most Exclusive, Butt-Kicking Spa Is Coming East
Travel

Malibu’s Most Exclusive, Butt-Kicking Spa Is Coming East

You will wake up at 5:30 a.m. and stretch for 30 minutes. You will eat something vegan and organic for breakfast followed by an hourslong hike on which you will hear words like “verticality.” If you need a snack, you will get six almonds. Not seven — don’t be gluttonous.In the afternoon, you will take a cold plunge, dunking yourself in water cooled to a painful 55 degrees. The throbbing in your body is not a hangover — there is no alcohol — it’s from the 10 miles you hiked yesterday, or it could be the 12 you hiked the day before. Or maybe it’s the 1,400 calories a day allotted. For all this, you will pay thousands of dollars.This is luxury wellness in 2024. Some destination spas and high-end retreats are more akin to Navy SEAL prep — or at the very least, basic training — than five-star ...
Sandbrook Capital Raises $2.1 Billion to Back Climate-Infrastructure Deals
World

Sandbrook Capital Raises $2.1 Billion to Back Climate-Infrastructure Deals

Dec. 14, 2023 6:30 am ET|WSJ ProSandbrook Capital has amassed $2.1 billion to invest in renewable-energy businesses, as the private-equity firm shifts its focus to the U.S. with its debut fund after making its first deals in Europe.The Stamford, Conn.-based clean-energy investor wrapped up its Sandbrook Climate Infrastructure Fund I with $1.5 billion, or 50% more than its initial $1 billion goal. The firm also collected slightly over $600 million for related co-investment vehicles, said Kenneth Ryan, a Sandbrook partner. Roughly 35 investors backed the fund, he said. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Investcorp Joins Corsair’s $4.8 Billion Infrastructure Business
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Investcorp Joins Corsair’s $4.8 Billion Infrastructure Business

Dec. 11, 2023 7:00 am ET|WSJ ProInvestcorp has acquired a half-interest in Corsair Capital’s nearly $5 billion infrastructure business, injecting the Bahrain-based firm into a global industry and giving Corsair a capital boost as sheer heft becomes increasingly important in attracting institutional investors to new funds.New York-based Corsair, which also makes buyout investments, managed $9.6 billion at the end of September, including $4.8 billion in infrastructure assets mostly in transportation and logistics. Among those holdings is management company Vantage Airport Group, which helped build the new Terminal B at New York’s LaGuardia Airport and is working on another at John F. Kennedy International Airport.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856...
Falfurrias Raises $400 Million for Debut Growth Fund
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Falfurrias Raises $400 Million for Debut Growth Fund

Dec. 7, 2023 7:00 am ET|WSJ ProFalfurrias Management Partners has wrapped up fundraising for its debut vehicle to back newer businesses with the potential for rapid growth, after expanding into the strategy last year and hiring a senior Carlyle Group executive as part of the effort. The Charlotte, N.C.-based private-equity manager said it has collected $400 million for Falfurrias Growth Partners I, hitting its upper fundraising limit for the vehicle. Investors included backers of the firm’s buyout funds. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates
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Amazon Debuts Cyber Insurance Program for Speedy Policy Estimates

Nov. 29, 2023 7:00 am ET|WSJ ProAmazon.com’s AWS cloud unit debuted Wednesday a program designed to cut the time to acquire cyber insurance from weeks to days, via partnerships with brokers and insurers.Through AWS’s Cyber Insurance Competency program, customers can allow brokers access to data from their Security Hub console. This gives potential insurers a list of controls enabled on a particular account, information on vulnerabilities and other details that allow carriers to quickly evaluate applications against AWS’s standards for security best practices and their own underwriting standards, and provide policy quotes.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Pritzker Family Launches $190 Million Venture Fund to Back Startups
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Pritzker Family Launches $190 Million Venture Fund to Back Startups

Nov. 22, 2023 6:00 am ET|WSJ ProThe Pritzker Organization, the family office for Thomas Pritzker who is the executive chairman of Hyatt Hotels, has started a venture division to invest in early-stage companies with a $190 million fund.The venture arm, called 53 Stations, will target startups that could have strategic significance to more mature companies that TPO has majority control of, said Kevin King, a founder and managing partner of the new venture wing.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Exclusive venture capital news and commentary.Stay on top of deals, funds, people and the broader influences on the market.
Brynwood Raises $750 Million to Back Consumer Brands
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Brynwood Raises $750 Million to Back Consumer Brands

Oct. 26, 2023 6:30 am ET|WSJ ProBrynwood Partners, a buyout shop that targets consumer products, has raised its largest investment pool since the firm’s founding nearly 40 years ago. Greenwich, Conn.-based Brynwood said it wrapped up its Brynwood Partners IX fund with more than $750 million, or around 16% more than it collected for a predecessor vehicle that closed on $649 million in 2018.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8The go-to source for all things private equity.News, data and analysis to help you find opportunities, and to follow the broad trends in dealmaking, investing and regulation.
Springcoast Gathers More Than $500 Million So Far for Small Technology Deals
World

Springcoast Gathers More Than $500 Million So Far for Small Technology Deals

Oct. 18, 2023 2:28 pm ET|WSJ ProTechnology-focused Springcoast Capital Partners has amassed more than $500 million so far for its debut commingled fund and a related investment vehicle, according to people familiar with the offering.The New York firm had initially sought to raise $300 million to $500 million for its first commingled fund, WSJ Pro Private Equity previously reported. A regulatory filing for Springcoast Partners I LP from late September shows a $350 million offering amount for the fund. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8The go-to source for all things private equity.News, data and analysis to help you find opportunities, and to follow the broad trends in dealmaking, investing and regulation.
Amazon Aggregator Thrasio Engages Restructuring Advisers
World

Amazon Aggregator Thrasio Engages Restructuring Advisers

Thrasio, a startup that in recent years bought up dozens of consumer brands sold on Amazon, is working with advisers to explore restructuring options as it contends with a postpandemic slump in online spending, according to people familiar with the matter.