Apax Global Alpha Ltd said Monday the Apax X Fund has signed a definitive agreement to acquire New Jersey-headquartered public utility American Water Work Co’s Homeowner Services Group. Apax is a limited partner in the X Fund, and will invest EUR18 million in...
The market for secondhand stakes in private-markets assets is expected to hit a milestone this year, as strong investment performance has encouraged more institutional investors and fund managers to explore sales. Buyers and intermediaries say this year they expect...
Private equity firm Appian Capital Advisory is poised to generate a 60% internal rate of return from the sale of two Brazilian mining companies, benefiting from rising demand for metals used in electric-vehicle batteries, according to people familiar with the matter....
New Enterprise Associates is raising a total of about $7bn for a pair of funds, one for early-stage startup deals and another for later-stage rounds, according to people familiar with the situation. The effort represents a change to NEA’s longtime strategy of...
Motorway services giant Roadchef could be about to change hands for up to £1bn. City sources said its owner – a French infrastructure and private equity firm called Antin – has appointed advisers from Australian investment bank Macquarie to find a buyer for the... 