by Sebastian | Feb 26, 2021 | News
Ontario Teachers’ Pension Plan Board will buy U.S. private equity firm Carlyle Group’s majority stake in Portugal’s Logoplaste for an undisclosed sum, the plastic packaging maker said on Friday. The deal has an enterprise value of 1.4 billion euros ($1.69 billion),...
by Sebastian | Feb 26, 2021 | News
Malaysia’s Employees Provident Fund (EPF) has launched the world’s first and largest syariah private equity direct or co-investment separate managed account fund, with an allocation of $600 million, it said on Friday. The pension fund said in a statement the fund will...
by Sebastian | Feb 26, 2021 | News
Foresite Capital’s latest $969 million fund represents a rare feat among growth equity firms: only a handful of investors—including Arch Venture Partners and Flagship Pioneering—have raised comparable or larger sums for life science vehicles in recent years,...
by Sebastian | Feb 26, 2021 | News
Wireless carrier AT&T Inc said on Thursday it will sell about a third of its stake in satellite TV unit DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion, well below the $68 billion it paid for the asset less than six years...
by Sebastian | Feb 25, 2021 | News
As Fanatics continues to hold off on a potential IPO, the sports merchandise company is busy expanding global operations, this time in China. The Michael Rubin-led company is starting Fanatics China, a joint venture with investment firm Hillhouse Capital, an...
by Sebastian | Feb 25, 2021 | News
Blackstone Group Inc.’s Verdun Perry said the private equity industry needs to step up when it comes to diversifying its ranks and increase the number of places where it seeks out talent. The largest alternative asset manager, which recruited from just nine schools in...
