BlackRock Bets $1 Billion on Personalized Index Investing

BlackRock Bets $1 Billion on Personalized Index Investing

The world’s biggest asset manager, BlackRock, agreed to buy Aperio, a creator of tailored index strategies, from private equity firm Golden Gate Capital and Aperio employees for $1.05 billion in cash, according to a statement Monday. Sausalito, California-based Aperio...
Apollo-backed SPAC looks to raise $250 million in U.S. IPO

Apollo-backed SPAC looks to raise $250 million in U.S. IPO

A blank-check company backed by private equity firm Apollo Global Management Inc is looking to raise $250 million in a U.S. initial public offering, the company said on Monday. Spartan Acquisition Corp. II is aiming to sell 25 million units at $10 apiece, it said in a...
CBPE Capital Fund X reaches final close of £561m

CBPE Capital Fund X reaches final close of £561m

CBPE Capital has announced the final close of its latest fund, CBPE Capital Fund X. The oversubscribed fund surpassed its target of £525m and achieved its hard cap of £561 million in capital commitments. In a statement London-based CBPE said that the successful...