Australia’s Spark Infrastructure gets $3.7bn buyout offer

Australia’s Spark Infrastructure gets $3.7bn buyout offer

Australia’s Spark Infrastructure Group said on Thursday it has received a buyout proposal from private equity firm KKR and Ontario Teachers’ Pension Plan Board, valuing the electricity infrastructure investor at $3.67bn. Spark shareholders will get A$2.80 for each...
Avesi Partners Closes Initial Fund At $875m

Avesi Partners Closes Initial Fund At $875m

Avesi Partners, a private equity firm based in Stamford, Connecticut, specializing in healthcare and business services, announced the final closing of its debut fund, Avesi Partners I LP, with $875 million of capital commitments. The Fund was oversubscribed and closed...
UPDATE: BlackRock Real Assets acquires IGIS Private Equity

UPDATE: BlackRock Real Assets acquires IGIS Private Equity

BlackRock Real Assets, an affiliate of the world’s largest asset manager, said Thursday it has acquired a 100-percent stake in IGIS Private Equity, which has been rebranded as the Korea Renewable Energy Development & Operation (KREDO) Holdings. This is...
Hellman & Friedman Raises $24.4bn for Its Biggest Fund Yet

Hellman & Friedman Raises $24.4bn for Its Biggest Fund Yet

Hellman & Friedman has raised one of the biggest-ever pools of private equity capital, after investors committed $24.4bn to its latest flagship fund. The U.S. buyout firm pledged $1.8bn to Hellman & Friedman Capital Partners X, which was “significantly”...