Golding Capital Partners, one of Europe’s leading independent asset managers for alternative investments, has held the final closing of its first dedicated secondaries fund with commitments of some €280m. Thanks to strong demand from institutional investors,...
HgCapital in London is targeting roughly $14.75bn for two new buyout funds less than two years after it secured almost $10bn for the strategies. The firm aims to collect at least $8.5 billion for Hg Saturn 3 LP, its large-company buyout fund and €5.5 billion,...
Private-equity firm TPG said on Wednesday it raised $1bn in its U.S. initial public offering (IPO) at a valuation of $9.1bn. TPG’s stock market debut comes a decade after most of its major peers went public. The firm spent years recovering from a string of poor...
Cerberus’ sale this week of part of its sizeable holdings in Deutsche Bank (DBKGn.DE) and Commerzbank is likely the first step to a full exit from the lenders by the U.S. investor, said two people with knowledge of the matter. For years, profits in the financial...
MBK Partners, a North Asia-focused private equity firm founded by billionaire Michael Kim, has agreed to sell a roughly 13% stake to Dyal Capital Partners, according to people with knowledge of the matter. The transaction is valued at about $1 billion, the people... 