Alpine Investors has wrapped up its largest fund so far, raising $2.25bn in less than four months, according to founding partner Graham Weaver. The San Francisco-based firm’s Alpine Investors VIII LP is more than double the size of its predecessor, which closed on...
The $43.98bn Connecticut state pension system is preparing to deploy more than $1.27bn over the next three years to co-investments across private equity, private credit, real estate, infrastructure and natural resources strategies. The deals would include $900m in...
British industrial technology group Smiths has agreed to sell its medical division to U.S.-based ICU Medical for $2.4bn, it said on Wednesday, scrapping an earlier $2bn deal with private equity firm TA Associates. Shares in London-listed Smiths rose 4% in early trade...
Cinven, the private equity firm, is close to wrapping up a takeover of True Potential, a wealth management platform which works with a fifth of Britain’s army of financial advisers. Sky News has learnt that Cinven was on Tuesday night on the verge of signing a...
Blackstone Group has agreed to buy the Chamberlain Group in a deal that values the family-owned maker of LiftMaster garage-door openers at about $5bn including debt, officials from the companies said. The private-equity giant is doing the deal through its core...