Qatar Investment Authority will invest $1bn for a 1% stake in India’s Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani’s Reliance Industries (RELI.NS), nearly doubling its valuation to $100bn from its last funding round in 2020....
Private equity firm Thoma Bravo will complete its $2.3bn acquisition of software firm ForgeRock after the U.S. Department of Justice declined to challenge the deal, Bloomberg News reported on Tuesday citing people familiar with the decision. The transaction could...
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,...
