KKR Raises $2.2 Billion Fund for European Real Estate Deals

KKR Raises $2.2 Billion Fund for European Real Estate Deals

KKR, a leading global investment firm, today announced the final closing of KKR Real Estate Partners Europe II, a $2.2bn fund dedicated to value-add and opportunistic real estate investments in Western Europe. REPE II is the successor fund to KKR Real Estate Partners...
Private Equity Spots Bargains in U.K. Supermarket Aisles

Private Equity Spots Bargains in U.K. Supermarket Aisles

Walmart executives must be upset. Months after the retail giant sold a majority stake in its British grocery chain Asda at a mediocre valuation, U.K. supermarkets are suddenly hot property among private equity firms. A bidding war is brewing for Britain’s...
Brookfield to buy U.S. car parts maker DexKo Global for $3.4bn

Brookfield to buy U.S. car parts maker DexKo Global for $3.4bn

Brookfield Business Partners LP and its institutional partners said on Monday they would acquire U.S. car parts maker DexKo Global Inc from private equity firm KPS Capital Partners LP for $3.4bn. Based in Novi, Michigan, DexKo produces engineered trailer running gear...
Battle for Britain’s Morrisons hots up as Apollo enters fray

Battle for Britain’s Morrisons hots up as Apollo enters fray

New York-headquartered Apollo Global Management, which last year missed out on buying Morrisons rival Asda, said it was examining a potential offer but had not approached its board. Private equity groups have embarked on a spending spree on assets around the world in...