Ares Management has held the final closing of its Ares U.S. Real Estate Fund X. It was oversubscribed with $1.8bn of commitments relative to its $1.5bn target and is more than 75% larger than its predecessor fund, which closed at $1.04bn in November 2018. “With the...
Resolution Life and Blackstone announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business. Resolution Life and Blackstone, one of the companies you could have met at the...
Sunstone Partners, a growth-oriented private equity firm, announced the final institutional close of its oversubscribed $925m third fund, Sunstone Partners III, at its hard cap. Fund III, which more than doubles the total committed capital managed by Sunstone...
KnowBe4 on Wednesday agreed to go private in a sweetened $4.6bn deal with Vista Equity Partners, the latest cybersecurity firm to be snapped up by private equity in this year’s market downturn. The offer values each share of KnowBe4 at $24.90, compared with the...
European asset manager Aurelius has sold agrochemical contract development and manufacturing organisation Briar Chemicals to Indian trade buyer Safex. UK-based Briar has been part of the Aurelius portfolio since 2012, following a corporate carve-out transaction from... 