NBA eyes more investments with new private equity division

NBA eyes more investments with new private equity division

The National Basketball Association (NBA) has created a new private equity division as it seeks to expand its role as a strategic investor in sport startups. Bloomberg says the league is keen to move away from passive, opportunistic investments in favour of a more...
KKR set to invest $400m in Anil Agarwal’s Serentica

KKR set to invest $400m in Anil Agarwal’s Serentica

US private equity major KKR said on Thursday that it has signed agreements to invest $400m in decarbonisation platform Serentica Renewables, a group company of Anil Agarwal, which plans to provide clean energy solutions. Serentica Renewables is wholly-owned by...
Rivean Capital Amasses $1bn to Extend Hold on Solar Business

Rivean Capital Amasses $1bn to Extend Hold on Solar Business

Rivean Capital, formerly Gilde Buy Out Partners, is nearing a deal that would give the Dutch firm more time and capital to continue to grow a portfolio company operating in the renewable energy sector. The Dutch private-equity firm initially backed Esdec Solar Group...