KKR makes first UK deal worth £1bn with Moda Living

KKR makes first UK deal worth £1bn with Moda Living

Private equity firm KKR has made its first build to rent investment in Edgbaston, Birmingham with Moda Living.  The first acquisition in the platform deal at New Garden Square  from landowner Court Collaboration and will see Moda and KKR work closely with developer...
US public listings surpass $1T in 2021

US public listings surpass $1T in 2021

The value of all companies going public on US exchanges has passed a record $1 trillion this year across 981 deals, after Rivian’s upsized IPO added nearly $56bn in exit value, according to PitchBook data. Electric truck maker Rivian, whose stock rose 29% to...
HPS Targets $9.5bn for Fifth Junior Debt Fund

HPS Targets $9.5bn for Fifth Junior Debt Fund

Private markets investment firm HPS Investment Partners, which spun out of J.P. Morgan Asset Management in 2016, is pitching a new junior debt fund to investors, weeks after collecting $11.7bn for a separate fund focused on specialty loans. The New York-based firm’s...
Abrdn in talks over £1.5bn Interactive Investor takeover

Abrdn in talks over £1.5bn Interactive Investor takeover

Asset management giant Abrdn has confirmed it is in talks to buy stock-picking platform Interactive Investor. It comes after weekend reports that the FTSE 100 group, which renamed from Standard Life Aberdeen earlier this year, was finalising a deal worth £1.5 billion....
EIB, Allianz Fund Arm Back 500m Euro Public-Private Climate Fund

EIB, Allianz Fund Arm Back 500m Euro Public-Private Climate Fund

The European Investment Bank and Allianz Global Investors said on Monday they plan to raise $577.55m for a fund aimed at bolstering climate mitigation and adaptation in developing countries. The Emerging Market Climate Action Fund (EMCAF), a fund-of-funds, is the...