Silver Lake takes stake in breakdown firm RAC

Silver Lake takes stake in breakdown firm RAC

The RAC this morning said that private equity giant Silver Lake would take a stake in the breakdown assistance firm. The California-based investor will join GIC and CVC Strategic Opportunities I as a co-shareholder in the company. RAC chief executive Dave Hobday said...
Serie A revives €1.7bn private equity investment talks

Serie A revives €1.7bn private equity investment talks

Serie A has revived plans to sell a €1.7bn stake in the Italian top flight soccer league’s new media rights business, according to Bloomberg. Serie A had appeared on the verge of selling a 10% share in the new company since last November, after the league’s clubs...
Goldman lines up $5bn Petershill private equity asset float

Goldman lines up $5bn Petershill private equity asset float

Goldman Sachs plans to float the assets of its Petershill Partners unit, hoping to cash in on a private equity boom with an IPO valuing the investment vehicle at more than $5bn. Petershill, which takes minority stakes in alternative assets managers including private...