Altas Partners (“Altas”) announced today the final closing of its third fund, Altas Partners Holdings III (Fund III), with US$4 billion of capital commitments. “We are very grateful to our investors for their partnership and confidence in Altas and our team,”...
A travel agent which specialises in transporting aid workers to warzones is close to changing hands in a deal worth about £40m. Sky News understands that Diversity Travel, which was founded in 2008, is on the verge of being sold to Primary Capital, a private equity...
Investcorp Holdings, the Middle East’s biggest alternative asset manager, is planning to start meeting investors for the $600 million initial public offering of an investment vehicle in Abu Dhabi, according to people familiar with the matter. The Bahrain-based...
CVC Credit has tapped investors for $800m for its third vehicle dedicated to Collateralised Loan Obligations (CLO). The European private equity giant announced this morning the final close of CVC CLO Equity III at its hard cap with $800m of commitments. Across its...
Elite Italian bicycle maker Pinarello changes hands Fausto Pinarello, the son of the founder of the bicycle group, would maintain a stake in the company and his role as chairman, L Catterton said in a statement. The company traces its roots back to a cycle shop set up... 