Ark Invest’s Cathie Wood is taking another stab at investing in “disruptive innovation,” this time through a new fund that will target illiquid securities including those of private companies, a regulatory filing on Thursday showed. Wood, known for...
Accelerating its growth in real estate credit, Carlyle announced today that its Global Credit platform has agreed to acquire iStar’s net lease business for an enterprise value of approximately $3bn. Equity will come from a combination of Carlyle’s Global Credit...
Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, has secured backing from Saudi Arabia for a $500m private equity fund, according to people familiar with the matter. Jada, which was given $1bn by Saudi Arabia’s wealth fund to seed...
Luxembourg-based private equity firm CVC Capital Partners is buying 68.35% of Affin Hwang Asset Management, Malaysia’s third largest asset manager, from the controlling shareholder and senior management of the Kuala Lumpur-based firm for a total $367.54m cash through...
Carlyle has announced that it expands its wealth management channel through a partnership with iCapital, a fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Allfunds, a B2B WealthTech platforms.... 