CBC Group Surpasses Target for New China-Focused Fund

CBC Group Surpasses Target for New China-Focused Fund

Healthcare private equity investor CBC Group has exceeded its target for a new fund to make middle- and late-stage growth investments and buyouts in China and other parts of Asia, collecting almost $1.59bn for the pool. The firm plans to use C-Bridge Healthcare Fund V...
Italian Football Club Atalanta Pulls Off Novel Financing Deal

Italian Football Club Atalanta Pulls Off Novel Financing Deal

Carlyle Group’s global credit unit is leading a private debt package for Italian football club Atalanta, according to several people familiar with the matter, who spoke on condition of anonymity as the matter is private. The debt will partly fund a stake in the club...
Sports platform Fanatics valued at $27bn in new funding round

Sports platform Fanatics valued at $27bn in new funding round

Fanatics has raised $1.5bn in new financing, which now values the U.S. sports platform at $27 billion, sources familiar with the matter said on Wednesday. Some of the investors in the latest round include BlackRock , Fidelity and Michael Dell’s private investment firm...
China’s 51job Agrees to Lower Buyout Offer of $4.3bn

China’s 51job Agrees to Lower Buyout Offer of $4.3bn

51job agreed to accept a lowered takeover offer from a private equity consortium valuing the Chinese online recruitment company at $4.3bn. An investor group backed by DCP Capital Partners and Ocean Link Partners reached a deal to buy the Nasdaq-traded firm for $61 per...
KKR makes new $8.9bn bet on growth in natural gas market

KKR makes new $8.9bn bet on growth in natural gas market

Private equity giant KKR and Pembina Pipeline have agreed to merge their western Canadian natural gas processing assets in a $8.9bn deal that will create a natural gas processing heavyweight and aims to take advantage of rising prices for the commodity. The...