BlackRock pulls in €1.4bn for fourth vintage infrastructure fund

BlackRock pulls in €1.4bn for fourth vintage infrastructure fund

BlackRock Real Assets has raised €1.4bn for Global Infrastructure Solutions 4 (GIS 4), its latest private infrastructure equity fund. The manager said BlackRock Infrastructure Solutions, its infrastructure multi-manager investment arm, has closed GIS 4 after receiving...
KKR to tap Wella for Europe’s biggest dividend payout since 2017

KKR to tap Wella for Europe’s biggest dividend payout since 2017

KKR and other investors in haircare giant Wella Corp. are set to extract one of the largest-ever dividend payments taken in Europe’s leveraged loan market. The shareholders are in line for a $989 million-equivalent payment from the Geneva-based company, according to...
UBS buys Wealthfront in $1.4bn deal to widen U.S. reach

UBS buys Wealthfront in $1.4bn deal to widen U.S. reach

Swiss bank UBS has agreed to buy Wealthfront, a U.S.-focused automated wealth management provider with more than $27bn in assets under management, in an all-cash deal the two companies said was worth $1.4bn. The acquisition of Wealthfront, which has more than 470,000...