Investment firms Astorg and Goldman Sachs Asset Management have sold HRA Pharma to Perrigo Company in a deal valued at $2.13bn. The all-cash deal comes months after Perrigo sold its underperforming generics drugs business to Altaris Capital Partners LLC for $1.55bn to...
BlackRock’s China mutual fund subsidiary set up its first fund in the country after raising $1.03bn during a shortened subscription period, signalling warm reception by investors. Wednesday’s disclosure came a day after billionaire investor George Soros said it was a...
Alpine Investors has wrapped up its largest fund so far, raising $2.25bn in less than four months, according to founding partner Graham Weaver. The San Francisco-based firm’s Alpine Investors VIII LP is more than double the size of its predecessor, which closed on...
The $43.98bn Connecticut state pension system is preparing to deploy more than $1.27bn over the next three years to co-investments across private equity, private credit, real estate, infrastructure and natural resources strategies. The deals would include $900m in...
British industrial technology group Smiths has agreed to sell its medical division to U.S.-based ICU Medical for $2.4bn, it said on Wednesday, scrapping an earlier $2bn deal with private equity firm TA Associates. Shares in London-listed Smiths rose 4% in early trade...
