Private equity has been taking flak amid a wave of take-private deals for UK companies. The charge sheet is long (and not always fair): reckless use of debt, aggressive cost cutting, outsize rewards ...
Posted: July 29, 2021, 8:00 pm
Canada Pension Plan Investment Board picked an internal candidate as its new private equity head, naming Suyi Kim, the pension fund’s top executive in Asia, to run the $100 billion division.Kim will ...
Posted: July 29, 2021, 11:42 am
Global investment firm The Carlyle Group took in $10.4bn from investors in the second quarter and nearly doubled its earnings, The post Carlyle raises $10.4bn in second quarter as pursues largest ever ...
Posted: July 29, 2021, 8:24 am
Capital Network raised $400 million for broadening access to an asset class traditionally held by institutional investors.
Posted: July 29, 2021, 5:55 am
Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund.
Posted: July 29, 2021, 5:03 am
The UK competition regulator has fined Advanz Pharma and private equity groups Cinven and Hg a total of £100m for increasing the price of a thyroid drug by more than 1,000 per cent over eight years.
Posted: July 29, 2021, 3:31 am
Suyi Kim, senior managing director and head of Asia-Pacific with the Canada Pension Plan Investment Board, will take on the role of global head of private equity for the C$497.2 billion ($397.6 ...
Posted: July 28, 2021, 9:11 pm
Cesar Alvarez, the senior chairman of Miami law firm Greenberg Traurig, and his wife, Iraida Alvarez, sold their waterfront mansion in Coral Gables for $14.2 million. The 6,070-square-foot home at 505 ...
Posted: July 28, 2021, 11:55 am
A consortium led by SoftBank-owned Fortress Investment Group LLC has little choice but to raise its 6.3 billion pound ($8.7 billion) bid for Wm Morrison Supermarkets Plc if it wants to take home this ...
Posted: July 28, 2021, 3:02 am
In a withering statement, Silchester said that it was 'not inclined' to accept the bid from a consortium led by Fortress - because it was too low. The group owns 15.1 per cent of the supermarket.
Posted: July 27, 2021, 3:12 pm
Blackstone acquired an undisclosed minority stake in growth-focused private equity firm GTCR through its GP stakes business.
Posted: July 27, 2021, 8:45 am
TPG has raised $5.4 billion for its inaugural fund under its climate investing strategy from a number of high-profile investors including Allstate Corp (ALL.N) and Hartford Financial (HIG.N), the ...
Posted: July 27, 2021, 4:41 am