FSN Capital raises €1.8bn for sixth mid-market fund

FSN Capital raises €1.8bn for sixth mid-market fund

FSN Capital Partners has held the final closing of FSN Capital VI at €1.8bn. The fund was oversubscribed and closed above its original hard cap. With the new fund, FSN has grown significantly since FSN Capital V closed in 2016 at €985m. Fund VI will continue...
HSBC takes $2.3 billion hit with PE-sale of French retail bank

HSBC takes $2.3 billion hit with PE-sale of French retail bank

HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3bn for the British bank but end its long struggle to dispose of the business as it focuses on Asia. The deal announced on Friday sees HSBC...
Mitsubishi HC Capital to buy CAI International for $1.1bn

Mitsubishi HC Capital to buy CAI International for $1.1bn

Transportation finance and logistics company CAI International Inc said on Thursday it has agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc, as the Japanese financial firm expands its overseas operations. The deal consists of $104 million worth of...