The Dutch firm that owns Raleigh, one of the world’s oldest cycling brands, will be sold to a consortium of investors led by US private equity firm KKR as a worldwide bike boom continues. The deal values bicycle firm Accell Group at €1.56bn (£1.31bn), or €58 per...
The UK’s biggest private pension fund will shift £5bn of its investment in equities to an index avoiding the worst polluters, in a move that will immediately reduce the carbon emissions associated with the shareholdings by 30%. The Universities Superannuation Scheme...
Carlyle Group Inc. expects to reach $17bn of its $22bn fundraising goal for its flagship private equity fund in coming months, according to people familiar with the matter. The firm closed on almost $12 billion of investor money for its eighth flagship fund last year,...
Blackstone Inc said on Friday it has launched a platform to invest in and lend to renewable energy companies, as the world’s biggest alternative asset manager seeks to ramp up its sustainability credentials. The “Sustainable Resources Platform” will be a part of...
Information services and events organiser Informa is preparing to launch an auction process to sell its clinical trial data provider Citeline in a deal that could value the business at up to $1.63bn, sources familiar with the matter told Reuters. The London-listed...