Brookfield Asset Management said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures. The Toronto-based alternative asset manager sold $13 billion of assets during...
Schroders spent months exploring a potential acquisition of M&G, a deal that would have created a U.K. fund powerhouse overseeing more than $1 trillion of assets, people with knowledge of the matter said. London-based Schroders was working with a partner earlier...
Genstar Capital, a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries, is to acquire a majority ownership stake in Vector Solutions, a provider of industry-focused software...
PE-backed commodities broker Marex announced on Friday it was considering a flotation in London that a source estimated could value the company at $703m. The move comes amid a boom in commodities markets and after the private equity owners of Marex spent several years...
Offers to buy Reebok started rolling in this week with the licensing company behind Nine West and Frye offering around $1bn for the money-losing sneaker label. The amount is nearly $3bn less than the original acquisition price of $3.8bn in 2005. Adidas is reportedly...
