KKR Acquires Majority Stake in Avantus, Committing Over $1bn

KKR Acquires Majority Stake in Avantus, Committing Over $1bn

Private investment firm KKR is to acquire a majority stake in Avantus, a US developer of large utility-scale solar and solar-plus-storage projects. Following the close of the transaction, KKR and existing investor EIG, will be the sole equity investors in the company....
Spain’s Monbake Gets Acquired by CVC for Close to €1bn

Spain’s Monbake Gets Acquired by CVC for Close to €1bn

Monbake Group, a frozen baked-goods business in Spain, has been acquired by Luxembourg-based private-equity firm CVC Capital Partners. CVC Capital has purchased Monbake from France-based investment company Ardian and co-investors Alantra, Artá and Landon. Financial...
F1 owners Liberty Media on verge of £3.5bn deal for MotoGP

F1 owners Liberty Media on verge of £3.5bn deal for MotoGP

F1 owners Liberty Media are reportedly closing in on a £3.5bn (€4bn) deal to buy Dorna Sports – the company which owns the motorcycle world championship series MotoGP. American sports conglomerate Liberty have, according to the Financial Times, seen off rival bids...
Partners Group targeting $12bn for new secondaries fund

Partners Group targeting $12bn for new secondaries fund

Partners Group, a Swiss-based global private equity firm with $147bn in assets under management, is targeting $12bn for another private equity secondary strategy fund that will focus on deals in the Asia Pacific region.  The report cites Kevin Lu, a Partner at the...
Singapore’s Fullerton Raises $100m For Carbon Action Fund

Singapore’s Fullerton Raises $100m For Carbon Action Fund

Singapore’s Fullerton Fund Management has raised S$100 million ($74.4 million) in the anchor close of its Fullerton Carbon Action Fund, a private equity vehicle. Seviora Group, a Singapore-based asset management group wholly owned by Temasek Holdings, and Income...