Dallas-based private equity firm Merit Energy Co has set aside $1bn, including $485m in a just-closed fund, in dry powder through a strategy that targets mature oil-and-gas fields, the Wall Street Journal reports in an exclusive article. The company, which operates...
International Business Machines has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. The sale includes The Weather Company’s consumer-focused assets such as Weather.com...
Hayfin Capital Management exceeded its fundraising target of $6.6bn for its latest fund, Hayfin Direct Lending Fund IV, a spokesman confirmed. Hayfin expects total available capital to be at or near the strategy’s hard cap of €7 billion by the end of the year,...
Materials and chemicals maker DuPont De Nemours Inc is in advanced talks to sell its Delrin resins unit to private equity firm The Jordan Company for about $1.8bn, Bloomberg News reported on Sunday, citing people familiar with the matter. Jordan Company could announce...
The University of Vermont (UVM) in Burlington has announced its intention to partner with AAM 15 Management LLC to build undergraduate housing on the east side of its main campus. A letter of intent was signed Aug. 14 by UVM and AAM 15, an independent private equity... 