Private equity firm Bain Capital has sold a stake worth $448m in Indian private lender Axis Bank in a block trade on Wednesday, according to a term sheet seen by Reuters. Bain affiliates BC Asia Investments VII, BC Asia Investments III and Integral Investments South...
Pictet Alternative Advisors has announced the close of its first healthcare-focused thematic private equity fund at $320m – exceeding its target size of $300m. The fund was launched in 2022 and is managed by Yann Mauron, David Braga Malta and Chiara Brambillasca. It...
Aldar Properties (‘Aldar’), Mubadala Investment Company (‘Mubadala’) and Ares Management (‘Ares’) today announced that they have entered into a new partnership to jointly invest $1bn in private real estate credit opportunities in the United Kingdom and Europe over the...
Apollo Global Management Inc. is nearing a deal to provide as much as £630m of debt to Stonegate Pub Co., people with knowledge of the matter said, allowing Britain’s biggest pub chain to pay down existing borrowings before a crucial deadline. Stonegate — which is...
Troubled staffing firm, Outsourcing Inc., will go private in a deal announced today. The Tokyo-based firm presently ranks as the 10th-largest staffing provider in the world and currently trades on the Tokyo Stock Exchange. The transaction is styled as a management...