Vertex Ventures, backed by Singapore state investor Temasek, is set to raise nearly $500m for a new fund that will invest in efforts to step up China’s domestic tech development, a senior executive said. The new fund’s size will exceed an initial target of...
Ping Identity, the intelligent identity solution for the enterprise, announced the completion of its acquisition by Thoma Bravo, a leading software investment firm, in an all-cash transaction valued at approximately $2.8bn. The agreement to be acquired was previously...
Carlyle Group’s credit arm has invested a combined $1.5bn in the debt of two of the highest profile deals of the year so far, the buyout of Citrix Systems Inc and Nielsen Holdings Plc, according to a report by Bloomberg. The report cites unnamed sources as...
Cerberus Capital Management and a consortium of real estate investors are in line for a big payday if Koger’s proposed $24.6bn acquisition of rival US grocery retailer Albertsons is cleared by regulators, according to a report by the Financial Times. Kroger has...
Credit Suisse Group AG is considering a sale of its US asset management business, according to people familiar with the matter. The Swiss bank has recently begun a sales process for the US operations of Credit Suisse Asset Management, or CSAM, said the people, who... 