Authentic Brands Raises $3.5bn, Pushes Back IPO

Authentic Brands Raises $3.5bn, Pushes Back IPO

The company behind brands such as Brooks Brothers, Eddie Bauer and Sports Illustrated magazine plans to delay its initial public offering after getting a big new investment from two private equity firms. Authentic Brands Group, which develops and licenses its brands...
BlackRock seals deal to distribute private equity funds in LatAm

BlackRock seals deal to distribute private equity funds in LatAm

BlackRock Private Equity Partners has signed a distribution agreement with Chilean firm HMC Capital to make its private equity products available to a broader range of Latin American clients. HMC has been charged with distributing the US firm’s private equity offering...
Vendis Capital seals €290m Sylphar sale to EQT’s Karo Pharma

Vendis Capital seals €290m Sylphar sale to EQT’s Karo Pharma

Vendis Capital has sealed a €290m sale of Belgian teeth, mouth and skincare products business Sylphar to EQT portfolio business Karo Pharma. The private equity house bought Sylphar in 2017 from Concordia. The company was formed in 2007 by company CEO Robin List, who...
Blackstone GP Stakes business shutters fund at $5.6bn

Blackstone GP Stakes business shutters fund at $5.6bn

Blackstone on Monday announced the final close of Blackstone Strategic Capital Holdings II at $5.6bn. The commingled fund specializes in value-added, long-term minority ownership interests in the management companies of private equity firms, according to a Blackstone...