London Stock Exchange Group has agreed to divest its wealthtech platform to US private equity firms Clearlake Capital Group and Motive Partners for a total cash consideration of $1.1bn. The transaction is expected to conclude in the second half of this year. The...
Certares Management, an investment firm led by Hertz Global Holdings Inc. Chairman Greg O’Hara and dedicated to the travel, tourism and hospitality industries, is seeking capital for a new private equity fund, according to people with knowledge of the matter. Certares...
Tiger Global Management has raised some $12.7bn for a new fund to support early-stage, fast-growing tech companies amid rising tech investment that has accelerated during the pandemic. The multi-strategy firm raised more than $11bn for its latest growth investment...
U.S. private equity firm Sycamore Partners is weighing a takeover bid for the British fashion retailer Ted Baker. Sycamore was considering making a formal approach, the report said, adding that the equity firm has hired investment bank Numis to advise on the potential...
French private equity company Tikehau Capital on Tuesday said it would target more than $71.4bn in assets under management by 2026, thus doubling the volume of its portfolio. Tikehau added it would also seek to push its return on equity ratio to a mid-teens level by... 