The boss of historic British insurer LV today defended its £530m sale to a US private equity firm but refused to guarantee jobs and claimed there is ‘no incentives’ in it for him. Mark Hartigan, chief executive of LV, told the BBC’s Today programme...
Major League Soccer (MLS) has briefed its clubs on new rules around private equity ownership, including restrictions on how much a fund can buy, how many clubs it can invest in, and how big the fund needs to be. The North American soccer league presented the...
True Wind Capital, a San Francisco-based private equity firm focused on investing in leading technology companies, today announced the successful close of its second fund, True Wind Capital II, L.P., with $817m in equity commitments, exceeding the Fund’s target....
Private equity firm KKR has made its first build to rent investment in Edgbaston, Birmingham with Moda Living. The first acquisition in the platform deal at New Garden Square from landowner Court Collaboration and will see Moda and KKR work closely with developer...
The value of all companies going public on US exchanges has passed a record $1 trillion this year across 981 deals, after Rivian’s upsized IPO added nearly $56bn in exit value, according to PitchBook data. Electric truck maker Rivian, whose stock rose 29% to...