Japan’s Mizuho to acquire U.S. private equity agent Capstone

Japan’s Mizuho to acquire U.S. private equity agent Capstone

Mizuho Financial Group plans to acquire U.S. private equity placement agent Capstone Partners, a person familiar with the matter said, as the Japanese lender looks to beef up its investment banking business.  Dallas, Texas-based Capstone helps private equity firms...
Uber rival Bolt raises $711m at valuation of over $8bn

Uber rival Bolt raises $711m at valuation of over $8bn

Estonian startup Bolt said on Tuesday it had raised $711.40m from investors led by Sequoia Capital and Fidelity Management and Research Co, taking its valuation to $8.38bn. Bolt, a rival of Uber’s ride-sharing and food delivery business, last raised funding in August...
KKR to Invite Saudi Wealth Fund to Back Telecom Italia Bid

KKR to Invite Saudi Wealth Fund to Back Telecom Italia Bid

KKR has reached out to Saudi Arabia’s sovereign wealth fund as it seeks co-investors to join its proposed acquisition of Telecom Italia, people with knowledge of the matter said. KKR approached the Public Investment Fund, which is chaired by Saudi Crown Prince...
Inside private equity’s race to go public

Inside private equity’s race to go public

Most of the private equity industry has been enriched during the pandemic — but a select group has had a particularly good time. Eleven listed private equity firms collectively gained nearly $240bn in market value in 2021. Against that backdrop, a growing number of...