A group of Bridgepoint employees and former staff pocketed nearly half a billion pounds two years ago after the private equity firm’s funds recorded a bumper profit. The large award came from a scheme that allows Bridgepoint workers, from investment managers to junior...
U.K.-based digital bank Revolut is in “detailed talks” with SoftBank about a fundraising round that could value the firm between $30bn and $40bn, according to a Sky News report. Revolut and its advisers have asked investors at SoftBank’s Vision Fund 2 to submit...
Warburg Pincus is creating a Chinese asset management company to invest in distressed real estate opportunities, with plans to garner $5bn in assets in five years. The US private equity firm will work with Wensheng, one of the largest special situation asset managers...
Swedish private-equity firm EQT said Saturday that its EQT Infrastructure V fund has agreed to acquire integrated renewable-energy platform Cypress Creek Renewables from funds managed by HPS Investment Partners and Temasek. Cypress Creek develops, finances, operates...
SoftBank’s internet business Z Holdings has agreed to pay Verizon Communications $1.61bn to secure the rights to Yahoo branding and technology in perpetuity in Japan. In contrast to the retreat of Yahoo in the United States, the brand remains a core part of...
