It’s easy to understand why super-wealthy individuals or oil-rich nations might want to buy football clubs. There’s the glamor of associating with a sport followed by billions of fans and, for governments with a challenging public profile, the chance to project a...
Investcorp, an alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, has distributed $1.2bn in total to its GCC-based investors over the past 12 months, driven by “several value realisation initiatives”. The investment...
Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, raised $171m in the first closing of a blended finance debt fund that aims to accelerate the clean-energy transition in emerging markets. Long-standing partners such as US...
Canadian investor Brookfield is in advanced discussions to invest up to $1bn through multiple tranches in Avaada Ventures, parent entity of Avaada Group. The infusion will fund the group’s solar cell/module manufacturing and green ammonia plans, as well as its...
Private equity firms Apollo Global Management and KKR are among the parties reviewing a book of loans held by Silicon Valley Bank, people familiar with the discussions told CNBC. Two of those people said Apollo may be interested in acquiring a piece of the business at...