Warburg Pincus to invest $210m in medical devices firm Meril

Warburg Pincus to invest $210m in medical devices firm Meril

Warburg Pincus has agreed to invest $210m for a significant minority stake in Micro Life Sciences Private Limited, parent organization of Meril group of companies, India’s largest medical devices company, both the companies said in a statement. The US private equity...
Ares Management seals $3.8bn Automotive buyout from Brookfield

Ares Management seals $3.8bn Automotive buyout from Brookfield

Ares Management has bought specialist real estate company Automotive from a Brookfield private real estate fund for $3.8bn. Automotive provides tailored sale-leaseback capital to automotive dealers in the US and Canada to support them in acquiring new locations and...
Astorg hits €1.3bn hard cap for first dedicated mid-cap fund

Astorg hits €1.3bn hard cap for first dedicated mid-cap fund

The European private equity fund manager Astorg closed its first dedicated mid-cap fund at its hard cap of $1.48bn. Due to strong investor demand, the fund has exceeded its initial target of €1bn to hit its hard cap. According to a press release from the PE firm with...