New Jersey’s state pension manager plans to begin reinvesting gains from a $1.7bn separately managed account run by BlackRock Inc. as a way to increase exposure to private equity, according to documents prepared for a public meeting on Wednesday. The state’s Division...
U.S. private equity firm Apollo Global Management said funds managed by its affiliates will buy Mitsubishi Chemical’s thermal and emission control protection materials business. The deal, which is expected to close by March 2022, marks Apollo’s second private equity...
The private equity groups Blackstone, Carlyle and Hellman & Friedman are set to raise almost $15bn of debt on Thursday across bond and loan markets as they close in on financing the largest leveraged buyout since the 2008 crash. The hefty debt issuance will go...
Mirova, an affiliate of Natixis Investment Managers, has launched an impact-focused private equity fund, seeking to raise €300m from investors. The vehicle, which is expected to have a first close early next year and a final close in December 2022, will be structured...
Private equity firm KKR is in advanced talks to buy Australian outsourcing company Probe Group in a deal that could value it at about $871m, according to people familiar with the matter. The U.S. buyout firm is in exclusive discussions with Probe’s owners including...
