US takeover falls through at £1.3bn GB Group

US takeover falls through at £1.3bn GB Group

A potential £1.3bn American private equity takeover of GB Group has ended. GTCR, based in Chicago, announced last month that it was considering a cash offer for the London-listed identity specialist, which is headquartered in Chester. Under public company rules it had...
Cybersecurity company NetSPI raises $410m from KKR

Cybersecurity company NetSPI raises $410m from KKR

KKR has agreed to provide cybersecurity firm NetSPI with an additional $410m in growth equity, according to a statement reviewed by Bloomberg. The deal, slated to close by the end of the fourth quarter, is KKR’s second investment in the company, bringing the private...
UK investors pull record $2.7bn from equity funds in September

UK investors pull record $2.7bn from equity funds in September

UK-based investors pulled a record $2.74bn from equity funds in September, funds network Calastone said. The net outflows make September the worst month in what is already the worst year on record for equity funds, Calastone said. Funds focused on UK equities were the...
MARK’s Crossbay seeks to raise €1bn for second logistics fund

MARK’s Crossbay seeks to raise €1bn for second logistics fund

Crossbay, the pan-European urban logistics platform of private equity real estate manager MARK, has launched a second investment fund which seeks to hold over €2bn worth of assets. IPE Real Assets understands that Crossbay II, which will enter new markets such as the...