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...
The owners of fund administrator Alter Domus are pursuing the sale of a stake in the Luxembourg-based group that could value it at more than $4.4bn, three people familiar with the matter told Reuters. The shareholders, which include the company’s founders and...
Canadian investment firm Onex Corp. is evaluating options including a potential sale of UK health-care staffing business Acacium Group, according to people familiar with the matter. The Toronto-based company is working with advisers at Bank of America Corp. to help...
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...
KKR & Co. will pay about $2.7bn in cash to acquire the remaining 37% of Global Atlantic that it doesn’t already own, broadening its bet on insurance to fuel asset and fee growth. The buyout giant will fund the purchase from its balance sheet, which had $23bn of... 