Media Center

  PRESS RELEASE
February 10, 2019

General Atlantic Appoints Ashish Saboo to Lead New Office in Jakarta

General Atlantic, a leading global growth equity firm, today announced the opening of a new office in Jakarta, its first in Indonesia, and that it has appointed Ashish Saboo as Managing Director to lead General Atlantic’s operations and on-the-ground presence in the country.

  PRESS RELEASE
January 16, 2019

powercloud and General Atlantic Announce Strategic Partnership

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.

  PRESS RELEASE
January 9, 2019

Justin Kotzin Joins General Atlantic as Operating Partner and Head of Debt Capital Markets

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.

  PRESS RELEASE
January 7, 2019

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.

  PRESS RELEASE
January 7, 2019

Rob Perez Joins General Atlantic as Operating Partner to Bolster Life Sciences Practice

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.

  PRESS RELEASE
December 18, 2018

Invoice Cloud and General Atlantic Announce Strategic Partnership

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.

  PRESS RELEASE
December 3, 2018

General Atlantic Announces 2018 Promotions

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.

  PRESS RELEASE
November 27, 2018

QuintoAndar raises R$ 250 million in series C investment round

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.

  PRESS RELEASE
November 26, 2018

Property Finder closes $120 million in latest investment round led by General Atlantic

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.

  PRESS RELEASE
November 21, 2018

HHS Deputy Secretary Hargan Announces DSIIS Participants and First Meeting Date

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.

  PRESS RELEASE
November 12, 2018

NetEase Provides Update on Financing for NetEase Cloud Music

NetEase, Inc. (NASDAQ: NTES) (“NetEase”), one of China’s leading internet and online game services providers, today announced that its music streaming platform NetEase Cloud Music has completed its previously announced round of financing with investors, including strategic partner Baidu, General Atlantic, Boyu Capital and several other investors. The total amount invested was over $600 million, and NetEase remains the controlling shareholder of the NetEase Cloud Music business.

  PRESS RELEASE
October 9, 2018

CDPQ and Generation Investment Management make long-term investment in FNZ

La Caisse de dépôt et placement du Québec (“CDPQ”) and Generation Investment Management LLP (“Generation”) have today announced the acquisition, subject to regulatory approval, of General Atlantic and H.I.G. Capital’s investment in FNZ, in a deal valuing the company at £1.65 billion. The acquisition, which is one of the world’s largest FinTech transactions this year, represents the first investment by CDPQ-Generation, the unique, sustainable equity partnership announced today by CDPQ and Generation.

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