by Sebastian | Dec 3, 2020 | News
KKR & Co. is nearing a deal for a portfolio of U.S. warehouses, a sector that has received a boost during the pandemic as consumers increasingly turn to e-commerce. The transaction, which may close as soon as next week, values the roughly 100 properties at more...
by Sebastian | Dec 3, 2020 | News
Billionaire Richard Li, who broke away from his famous father Li Ka-shing decades ago to build his own business empire, is taking a page out of his dad’s playbook by further expanding outside Hong Kong. Since last year, the younger Li has stepped up investment in...
by Sebastian | Dec 3, 2020 | News
Australia’s Macquarie Group said on Thursday it would buy U.S. wealth manager Waddell & Reed Financial Inc for $1.7 billion, its first major deal under a new CEO that expands its presence in the world’s largest retail finance market. The purchase, one of the...
by Sebastian | Dec 2, 2020 | News
Dyal Capital Partners is in talks to merge with Owl Rock Capital Partners LP, part of a complicated deal with a special-purpose acquisition company that would value the fast-growing asset managers at about $13 billion combined and take them public, according to people...
by Sebastian | Dec 2, 2020 | News
Investment firm Insight Partners has acquired a majority stake in CommerceHub in a deal valuing it at $1.9 billion, according to the e-commerce company. Insight bought part of the stakes in CommerceHub that were owned by private equity firms GTCR and Sycamore...
by Sebastian | Dec 2, 2020 | News
London-based firm Keyhaven Capital Partners is seeking €500m for its Keyhaven Secondaries Fund III and a related feeder fund, according to a regulatory filing. The secondaries private equity firm focuses on the European lower mid-market and considers structured...