Assets held by the world’s sovereign wealth and public pension funds rose to a record $31.9 trillion in 2021 thanks to rising U.S. stock and oil prices, and investments rose to their highest for several years, an annual report released on Saturday showed. The...
Private equity firm Terra Firma is in talks to sell residential property company Annington Homes, with any deal expected to value the British defence ministry’s landlord at over $12.18bn including debt, Sky News reported on Saturday. Annington is one of the...
The American owner of Boots received a takeover approach from Bain Capital more than two months ago that started the potential sale of the British high street chain, The Times has learnt. It is understood that Bain, the private equity firm that recently failed in its...
Private equity firm 3G Capital sealed its first big deal since 2015, when it agreed to buy a majority stake in Netherlands blinds and window shutters maker Hunter Douglas at an enterprise value of about $7.1bn. Best known for its investment in the food and drinks...
T. Rowe Price Group has completed its planned acquisition of New York-based Oak Hill Advisors for $4.2bn, making its first big expansion into private markets as it looks to grow beyond its better-known mutual fund retirement business. The Baltimore-based money... 