Billy Beane, the 59-year-old American who became famous for his ‘Moneyball’ approach, has teamed up with US investment firm RedBird Capital Partners led by Gerry Cardinale to form RedBall Acquisition Corp to buy Chelsea from Roman Abramovich. The corporation is said...
Brookfield is investing in a $700m US logistics portfolio by way of a joint venture with Longpoint Realty Partners. Brookfield, through its real estate secondaries business, has partnered with the Boston-based real estate investment firm to recapitalise the portfolio...
Elliott Advisors, the feared activist investment fund, has agreed a £350m swoop on Enra Group, a specialist UK provider of mortgage finance. Sky News understands that Elliott, which was founded by Paul Singer, one of Wall Street’s most prominent figures, is...
Harvest Partners, one of the private-equity industry’s oldest midmarket firms, wants to raise $5.3bn for its ninth main buyout fund, according to pension documents. If the New York-based firm reaches its target for Harvest Partners IX LP, the fund will be more than...
Private equity firm Hellman & Friedman has taken a 7.5% stake in software maker Splunk worth about $1.45bn, according to a regulatory filing on Friday. Shares of Splunk, which has a market value of nearly $20bn, rose 1% in pre-market trading. The company on... 