Abrdn Targets Red-Hot Private Equity Market to Improve Fortunes

Abrdn Targets Red-Hot Private Equity Market to Improve Fortunes

Abrdn has set up a new unit that will focus on taking equity stakes in companies, becoming the latest investment giant seeking to profit from an ongoing private equity boom. The 530 billion-pound ($713 billion) asset manager created the new unit after completing a...
Private equity giant CVC eyes $15bn blockbuster float

Private equity giant CVC eyes $15bn blockbuster float

Private equity firm CVC Capital Partners is working on a possible float that could value it at more than $15bn. CVC, which is based in London and has $125 billion in assets under management, is understood to be working on a stock market listing with Goldman Sachs. Get...