Goldman Sachs to buy European asset manager for €1.6bn

Goldman Sachs to buy European asset manager for €1.6bn

Goldman Sachs’ asset management unit has agreed to buy Dutch insurer NN Group’s investment management arm for about €1.6bn, marking the Wall Street bank’s largest acquisition since David Solomon became chief executive in 2018. The deal for NN Investment Partners,...
KLAR Partners closes debut fund at its hard cap of €600 million

KLAR Partners closes debut fund at its hard cap of €600 million

KLAR Partners today announced the final closing of its debut fund, KLAR Partners I, at its hard cap of €600 million. The fund is one of the largest European first-time funds raised in the last 10 years and by far the largest raised during the COVID-19 pandemic. The...
KKR Is Said to Prepare for New European Buyout Fund

KKR Is Said to Prepare for New European Buyout Fund

KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of...
Carlyle Said to Consider Selling Lingerie Brand Hunkemoller

Carlyle Said to Consider Selling Lingerie Brand Hunkemoller

Carlyle Group Inc. is weighing new plans to sell Hunkemoller, the Dutch lingerie and swimwear retailer, according to people familiar with the matter. The U.S. private equity firm is working with investment bank JPMorgan Chase & Co. on a potential sale of the...