Spain’s Arcano has closed a secondaries fund on €450m, exceeding its €300m target. The vehicle received commitments from institutional and private banking investors across Europe and Latin America. The fund is the fourth specifically dedicated to completing...
Private equity firm KKR & Co Inc has blocked investors from cashing out of its $1.6 billion non-traded real estate income trust (REIT) after withdrawal requests exceeded pre-set limits, according to a regulatory filing. KKR is the latest manager of private REITS...
Hellman & Friedman (H&F) is weighing options for its Italian cloud software maker TeamSystem, a business which could be valued at several billion euros, two people familiar with the matter told Reuters. Evercore is advising California-based financial investor...
Walmart-backed PhonePe said on Thursday it raised $350m from private equity firm General Atlantic at a $12bn valuation, making it India’s most valuable payments firm and giving it funds to expand into the lucrative lending space. A second tranche of investments...
The California Public Employees’ Retirement System is committing $1bn to identify and support diverse and underrepresented private market investor entrepreneurs through asset managers TPG Inc. and GCM Grosvenor. The $457 billion pension giant said it is investing...
