Sycamore unit to acquire clothing brands for $540 mln

Sycamore unit to acquire clothing brands for $540 mln

Ascena Retail Group, which owns clothing brands such as Ann Taylor and Loft, said on Thursday it will be acquired by Premium Apparel LLC for $540 million on a cash-free and debt-free basis. Premium Apparel, a unit of private equity firm Sycamore Partners, has...
How ESG Is Sweeping Private Equity Alongside Hedge Funds

How ESG Is Sweeping Private Equity Alongside Hedge Funds

There’s been a lot of talk about environmental, social and governance (ESG) issues dealing with hedge funds, but these topics are spilling over into private equity as well. PE has been hot in recent years, and the trends show no sign of it slowing down. Experts...
Behind Deutsche Finance’s American buying binge

Behind Deutsche Finance’s American buying binge

When Deutsche Finance Group looked to crack the U.S. real estate market, it set its sights on a prime Manhattan corridor. In August 2018, the German investment firm’s new U.S. subsidiary picked up the top floors of the Gucci building with New York-based developer...