| WindRose's myNexus goes to Anthem for $800mn-plus, PEI Media launches new publication for sustainability, DOJ extends review of United's $8bn Change Healthcare acquisition
Morning, readers!
Before we get to the news, we've got an exciting announcement this morning: PE Hub parent PEI Media has officially launched a new publication for investors in private equity, private debt and real assets to guide them through the sustainable investment mega-trend. New Private Markets covers the spectrum of sustainability in private markets, from sound management of ESG issues at one end to purpose-driven impact investment at the other.
In deal news, WindRose Health Investors’ pending sale of myNexus, which helps manage the costs of healthcare in the home, is valued north of $800 million, sources familiar with the matter told PE Hub. Elsewhere, the Department of Justice on Friday requested more information regarding UnitedHealth Group pending $8 billion acquisition of Change Healthcare, which is backed by Blackstone Group.
Read the full wire commentary on PE Hub...
What are your thoughts on the United-Change deal? Hit me up with any thoughts or tips on private equity dealmaking at [email protected]. Have a great week!
Also of note (may require subscriptions)
Targeting consumer: Azimut Group's GP stakes arm is lending a hand with the debut fund of HighPost Capital, a consumer-focused emerging manager partly owned by the family of Amazon's Jeff Bezos, sources told Buyouts. HighPost last week also filed Form D fundraising documents for HighPost Capital Fund I and a parallel vehicle. Read more here.
Long hold: TA Associates is targeting $1.5 billion for its second fund that will reinvest in companies being exited by the main fund, sources said, confirming a Wall Street Journal report. The vehicle is part of a growing trend around firms doubling down on assets believed to have more room for growth, while still reaping liquidity. Read more on Buyouts.
Fund news: Sun Capital Partners is seeking some $2.5 billion for its eight flagship as the PE firm seeks to continue growing its tech and healthcare portfolios, people familiar with the fundraise told the Wall Street Journal. Read it here.
PE Deals 
They said it “GPs are trying to justify a price, and with valuations so high, especially for value managers, they haven't been able to get anything done at compelling prices, so plowing more money back into a platform they already know is one way they deal with these valuations.” A limited partner told Buyouts, speaking to TA's fund pitch
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