by Sebastian | Nov 22, 2020 | News, SEAPEC
Blackstone Group Inc. is seeking to raise at least $5 billion for its second Asian private equity fund, people familiar with the matter said. The U.S. investment firm has started marketing the new vehicle, which is more than double the size of its first Asia fund,...
by Sebastian | Nov 21, 2020 | News
Private equity firm CVC Capital Partners has joined the race for German industrial services provider Bilfinger SE, according to people familiar with the matter. It’s competing with rival buyout firm Clayton Dubilier & Rice, whose interest in Mannheim-based...
by Sebastian | Nov 21, 2020 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of...
by Sebastian | Nov 21, 2020 | News
Five global private equity firms have come together to launch the One Planet Private Equity Funds (OPPEF) initiative, in a bid to accelerate the fight against climate change and meet the goals of the Paris Agreement. The firms aim to “advance the understanding of...
by Sebastian | Nov 21, 2020 | News
Private equity is flush with even more cash waiting to be invested than before the pandemic shut down large swaths of the economy. Buyout funds had $853 billion in dry powder as of the third quarter, with more than half of that in the industry’s largest funds,...
by Sebastian | Nov 21, 2020 | News
Apollo Global Management, Carlyle Group, KKR & Co and Bain Capital are among potential bidders for Japan’s Hitachi Metals, people with knowledge of the matter said, a deal that could fetch more than $6.4 billion. Reuters previously reported that parent...