L Catterton in Talks to Acquire A.P.C.

L Catterton in Talks to Acquire A.P.C.

French American private equity giant L Catterton is in talks to acquire ready-to-wear brand A.P.C., sources confirmed to WWD. The French denim stalwart founded by Jean Touitou in 1987 enlisted investment bank Rothschild & Co. to seek a buyer back in December....
EQT sets hard cap for EQT Infrastructure VI at €21bn

EQT sets hard cap for EQT Infrastructure VI at €21bn

EQT has today set the hard cap for investor commitments of €21bn for the EQT Infrastructure VI fund. A hard cap refers to an upper limit on the amount of investor commitments accepted as part of the fund. The actual fund size is dependent on the outcome of the...
Brookfield has $90bn for deals after big fundraising year

Brookfield has $90bn for deals after big fundraising year

Brookfield Asset Management Ltd.’s earnings rose in the fourth quarter as it wrapped up a record year of fundraising that has given the firm more than $90bn to invest. The Canadian alternative asset manager reported distributable earnings of $569m, or 35 cents a...
Blackstone looks to sell $1bn stake in IBS Software

Blackstone looks to sell $1bn stake in IBS Software

Blackstone is in talks with multiple private equity funds to sell a significant minority stake in IBS Software after its plans for a foreign listing failed to materialize, two people familiar with the development said. Unnamed Mint sources say the private equity major...
Toshiba bidder JIP set to win banks’ backing for $10.6bn loan

Toshiba bidder JIP set to win banks’ backing for $10.6bn loan

Top Japanese banks have agreed to issue letters this week committing to a $10.6bn loan to back a Japan Industrial Partners-led consortium’s takeover offer for Toshiba, Bloomberg News reported on Tuesday. Sumitomo Mitsui Financial Group will commit to lending 515...