Private equity fundraising

We announced the winners of the M&A Mid-Market Awards. Ford and GE Healthcare team up with Airon to produce ventilators. PE news from Insight, TSG, Pine Island and Bain.

Audax Mezzanine, CD&R, L Squared, Seidler Equity and TSG Coinvest are raising capital, according to SEC filings.

In addition to closing a new fund, the PE firm was active on the deal front, including exiting HVAC services provider CoolSys.

Financing lower middle-market PE-backed deals helped propel Twin Brook's growth.

BorgWarner issues warning to Delphi about the latter drawing from its credit facility, as fears of the coronavirus spreads. The two companies are working towards closing a deal. On the middle market side, we check in with dealmakers from Alvarez & Marsal, Riverside, M33 Growth and Paul Hastings about the potential impact.

Billionaire Pallonji Mistry is the biggest single shareholder in India’s largest conglomerate, and is seeking a loan as the coronavirus outbreak reportedly delays a plan to sell assets.

Crescent Credit Opportunities, J.C. Flowers, One Rock Capital and Square Mile are raising capital, according to SEC filings.

Genuine economic deterioration is a primary risk to private capital markets, says PitchBook .

Accolade Partners, Blackstone Core Equity, Sageview and Sheridan Capital are raising capital, according to SEC filings.

CapRock, Crystal View, Five Arrows and HarbourVest are raising capital, according to SEC filings.