Private equity firm TDR Capital is set to become the majority stakeholder in UK supermarket chain Asda, through the acquisition of a 22.5% stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. Mohsin Issa retains a 22.5% stake...
JP Morgan Private Capital, JP Morgan’s venture capital and growth equity investment team has held the final close of 270 Life Sciences Private Capital Fund I, above its $500m target. LSPCF received commitments from institutional allocators, strategic corporate...
San Francisco-based private equity firm Altamont Capital Partners has sold dine-in cinema chain Alamo Drafthouse Cinema to global entertainment company Sony Pictures Entertainment. Altamont first invested in Alamo Drafthouse in 2018, with the aim of growing its brand...
THE son of one of Chanel’s billionaire owners is building a team to help run his private equity venture as a huge luxury goods fortune trickles down to the fourth generation. David Wertheimer, 37, whose father Gerard is one of the brothers behind the purveyor of...
Private multi-asset alternative investment firm Bain Capital is to acquire PowerSchool Holdings, a provider of cloud-based software for K-12 education, in a transaction valuing the business at $5.6bn. Under the terms of the agreement, PowerSchool stockholders will...
