Morgan Stanley is set to increase its stake in its brokerage joint venture in China by 4.06% to 94%, an exchange filing showed on Wednesday, putting it on track to take full ownership of the business. The U.S. bank will inject $110m to boost the registered capital of...
Apollo announced that funds managed by its affiliates have made a first close on a $816m in a convertible equity portfolio financing agreement with NextEra Energy Partners in a 2.5 GW contracted renewable energy generation portfolio. Participation in the investment by...
Inland Private Capital has closed its second multifamily portfolio disposition this month, selling three properties for a total of $192.8m. The properties, two in Florida and one in Indiana, comprised IPC’s Park Creek Steeple Multifamily DST. The largest of the three...
Private equity firms scrambling to deploy a wave of dry powder amassed before the Covid-19 crisis has lifted UK takeovers to their highest level in 14 years, reveal new figures released today. The overall value of deals involving UK companies jumped 10 per cent to...
KKR has named one of its partners, Dinesh Paliwal, to run portfolio company Marelli as the COVID-19 pandemic forces the Italian auto-parts maker to make more drastic restructuring moves, Bloomberg reports, citing people familiar with the matter. Marelli CEO Beda... 