by Sebastian | Dec 11, 2020 | News, UKPEC
The private equity giant Blackstone has begun exploring a sale of Lombard International, one of the biggest UK-based wealth managers. Sky News has learnt that Blackstone is working with advisers at Bank of America Merrill Lynch on a potential sale of Lombard following...
by Sebastian | Dec 10, 2020 | News
Fuel forecourt retailer Applegreen said on Thursday its co-founders and a part of the Blackstone US private equity group have come together to bid to take the company off the stock market in a deal that would value it at almost €694 million. The founders, chief...
by Sebastian | Dec 10, 2020 | News
BlackRock will more than double the number of companies it engages with over climate-change concerns next year, meaning more of the biggest polluters face voting action from the world’s largest asset manager if they fail to take action. In its stewardship...
by Sebastian | Dec 10, 2020 | News
Blackstone Group and CVC Capital Partners are expected to make nearly three times their investment with the $9 billion sale of Paysafe Group Holdings to Foley Trasimene Acquisition Corp. II, a person familiar with the matter said. Foley Trasimene Acquisition Corp. II,...
by Sebastian | Dec 10, 2020 | News
London-based private equity firm Livingbridge is aiming to raise £1.25bn for its seventh fund, with a hard cap of £1.4bn. This is according to meeting documents prepared for the $30bn Connecticut Retirement Plans and Trust Funds, whose investment advisory council met...
by Sebastian | Dec 10, 2020 | News
400 Capital Management LLC, an alternative credit asset manager specialising in structured credit with over USD4.4 billion of capital under management, has held the final close of its Asset Based Term Fund II (ABTF II) at more than USD430 million, above its USD400...