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INDUSTRY FIRST

Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street

Jan 14, 2021over 4 years ago

Amount Raised

$500 Million

San FranciscoFinanceFinancial ServicesAngel InvestmentVenture Capital

Description

Convex Group Limited (“Convex” or “the Company”) has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convex’s recent $1 billion capital raise from a consortium led by Onex and GIC, in which Sixth Street also participated. Sixth Street’s investment brings Convex’s total committed capital to over $3.2 billion.

Company Information

Company

Sixth Street

Location

San Francisco, California, United States

About

Sixth Street is a global investment firm with over $100 billion in assets under management and committed capital. The firm uses its long-term flexible capital, data-enabled capabilities, and One Team culture to develop themes and offer solutions to companies across all stages of growth. Founded in 2009, Sixth Street has more than 650 team members including over 280 investment professionals around the world.

Company News

(10 articles)
Wed, 11 Jun 2025 07:00:00 GMT

Sixth Street announces strategic partnership with L+M Companies - Sixth Street

Tue, 20 May 2025 07:00:00 GMT

Gravitee Raises $60 Million Series C for Agentic API and Event Management Led by Sixth Street Growth - Sixth Street

Wed, 02 Jul 2025 07:00:00 GMT

Sixth Street Completes Acquisition of Enstar - Sixth Street

Wed, 05 Feb 2025 08:00:00 GMT

First Citizens Bank and Sixth Street Announce Launch of Sixty-First Commercial Finance to Provide Flexible Capital Equipment Financing Solutions to Middle Market Companies - Sixth Street

Thu, 27 Feb 2025 08:00:00 GMT

Figure Technology Solutions and Sixth Street Form Joint Venture to Bring Over $2 Billion of Liquidity and Through-The-Cycle Stability to Non-Agency Mortgage Market - Sixth Street

Fri, 13 Dec 2024 08:00:00 GMT

Affirm and Sixth Street Announce Long-Term Capital Partnership to Invest up to $4 Billion in Affirm Loans - Sixth Street

Wed, 30 Apr 2025 07:00:00 GMT

Select Portfolio Servicing Announces Completion of Acquisition by Sixth Street-led Consortium - Sixth Street

Mon, 23 Dec 2024 08:00:00 GMT

Lemon Pepper Holdings, the master franchisee for Wingstop in the UK and Ireland, announces investment from Sixth Street to support future growth - Sixth Street

Wed, 13 Nov 2024 08:00:00 GMT

Sixth Street and Copley Point Announce Joint Venture for UK Industrial Real Estate - Sixth Street

Wed, 30 Jul 2025 20:05:00 GMT

Sixth Street Specialty Lending, Inc. Reports Second Quarter 2025 Earnings Results; Declares a Third Quarter Base Dividend Per Share of $0.46, and a Second Quarter Supplemental Dividend Per Share of $0.05 - Business Wire

FundzWatch™ Score

67
Medium Activity

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