Blue Sea Capital, today announced that it has successfully closed Blue Sea Capital Fund III LP and Blue Sea Capital Executive Fund III LP, a $618m private equity fund. Similar to Blue Sea’s prior funds, Fund III exceeded its target of $600m, representing an increase...
South Korean bulk carrier operator Polaris Shipping Co. is poised to sell its entire stake at around 600 bn won ($447.5m) to Woori Private Equity Asset Management Co. and local financial investors, banking sources familiar with the matter said on Wednesday. Polaris...
Goldman Sachs’ asset management arm said two funds have closed, raising more than $15bn for funds that enable investors to make secondary investments in existing private equity deals. Goldman Sachs Asset Management’s “Vintage IX” fund raised...
Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp. paves the way for a ¥2 trillion ($13.5bn) buyout that would end the electronics group’s 74-year-long run as a listed entity. Toshiba, whose roots go back to 1875, said...
Private equity firm TPG Inc is exploring options for Mendocino Farms, including a sale that could value the fast-casual restaurant chain at over $400m, according to people familiar with the matter. Investment bank North Point is advising on a sale process for...