Marc Rowan, co-founder of global private-equity firm Apollo Global Management, spent decades buying companies with an eye toward improving them with new capital, leadership, accountability and operating strategies. He used a similar strategy to shape a charity that...
KKR said it plans to buy cybersecurity firm Barracuda Networks from its private equity owner Thoma Bravo, highlighting continued interest in cybersecurity businesses from buyout firms. The announcement, confirming an earlier Reuters report, did not disclose financial...
MetLife, the institutional asset management business of MetLife, announced the launch of a private equity fund investment platform for institutional clients in concert with the closing of approximately $1.6bn in commitments to a new MIM-managed fund-of-funds. The new...
Abu Dhabi state holding firm ADQ and investment firm Chimera Capital have set up a blank-check company that will raise $99.93m and list in the capital, according to a statement on Tuesday. The United Arab Emirates’ Securities and Commodities Authority in January...
A blank-check vehicle backed by venture capital firm Bain Capital has withdrawn plans for a U.S. initial public offering, according to a regulatory filing on Tuesday, joining a slew of companies that have canceled listings this year. BCC Investment Corp’s withdrawal... 