Private-equity firm Investindustrial aims to help Italian-marketplace chain expand globally A European private-equity firm agreed to buy a controlling stake in Eataly SpA, with the aim of helping the Italian-marketplace chain continue to expand globally....
Wisequity V fund has acquired a majority stake in Italian tracked carrier and aerial lift manufacturer Almac. Co founder Andrea Artoni will maintain a stake in the business and will take over as chief executive – he is currently general manager. Co founder and...
Harvard will divest itself from holdings in fossil fuels, the university’s president, Lawrence Bacow, announced late on Thursday. The university has legacy investments in a number of private equity funds with holdings in the fossil fuel industry. Those indirect...
The sale of historic insurer LV to private equity has been blasted by MPs amid warnings customers will lose out. The mutual, formerly known as Liverpool Victoria, last year agreed to a £530million takeover by Bain Capital, snubbing an approach from the UK’s...
TPG’s growth-equity group has wasted little time investing its fifth fund, after quietly wrapping up fundraising for the vehicle in mid-August with almost $3.56bn. The firm has deployed nearly half of TPG Growth V LP, according to people familiar with the matter. Join... 