Steve Mnuchin, a former Goldman Sachs executive who served as U.S. Treasury secretary during the Trump administration, has raised $2.5bn at his private equity firm, according to a Bloomberg News report here on Monday. Most of the money raised for Washington D.C.-based...
Partners Group Holding AG told Reuters on Monday it raised $15bn for a private equity program to invest in assets such as technology, healthcare, and consumer goods companies. Partners Group amassed $6bn for its fourth flagship direct equity fund and an additional...
Private-equity deal activity involving midsize companies is running at full tilt as cash-flush lenders help buyout firms finance acquisitions, driving leverage to levels not seen since before the financial crisis. High volumes of unspent capital among both...
Brooks Automation Inc would sell its semiconductor automation business to private equity firm Thomas H. Lee Partners LP for $3bn in cash, scrapping earlier plans to separate the business from its life sciences unit. Shares of the company were up over 3% in premarket...
AusNet Services, an Australian power transmission and distribution company, agreed to let Brookfield Asset Management conduct due diligence after an improved $7bn takeover bid by the Canadian private equity firm. AusNet said in a statement on Monday that Brookfield’s...