New Heritage Capital Closes Oversubscribed $438m Fund

New Heritage Capital Closes Oversubscribed $438m Fund

New Heritage Capital (“Heritage”) announced today the closing of its oversubscribed fourth fund, New Heritage Capital IV, L.P. (the “Fund”), at $438m in total capital commitments, exceeding its target of $350m. Heritage is a Boston-based private equity firm focused on...
Carlyle Faces Gabon’s Preemption in $1.3bn Assala Energy Deal

Carlyle Faces Gabon’s Preemption in $1.3bn Assala Energy Deal

Gabon’s national oil firm is seeking to use its right of first refusal to acquire Carlyle’s (CG.O) Assala Energy after the private equity giant agreed to sell the business for $1.3bn to France’s Maurel & Prom, three sources told Reuters. Gabon...