U.S. real estate developer Related Companies has borrowed $258m from Blackstone to renovate an apartment building in Manhattan in a deal that shows confidence in the luxury housing market in New York despite the pandemic. The onset of coronavirus was difficult for...
TA Associates, a leading global growth private equity firm, entered into a definitive agreement for the $2.3bn acquisition of Smiths Medical, the medical devices and technologies business of the Smiths Group. The acquisition is conditional upon the approval of Smiths’...
Bain Capital has sold its controlling stake in South Korea’s leading Botox maker to a consortium of investors for $1.5bn as the Covid-19 pandemic fuels a surge in demand for cosmetic surgery in the country. Seoul-based Hugel, founded in 2001, is South Korea’s biggest...
MAI Capital Management, a Cleveland, Ohio–based RIA aggregator with approximately $11.5bn in assets under management, announced that Galway Holdings, started by the The Carlyle Group and Oak Hill, will take a majority investment in the firm. Wealth Partners Capital...
Global asset manager Schroders Capital and Civitas Investment Management have closed their Social Supporting Housing Fund after raising $263m from investors. The pair formed the SoHo investment to forward-fund the development of new supported housing for vulnerable... 