The RAC this morning said that private equity giant Silver Lake would take a stake in the breakdown assistance firm. The California-based investor will join GIC and CVC Strategic Opportunities I as a co-shareholder in the company. RAC chief executive Dave Hobday said...
Serie A has revived plans to sell a €1.7bn stake in the Italian top flight soccer league’s new media rights business, according to Bloomberg. Serie A had appeared on the verge of selling a 10% share in the new company since last November, after the league’s clubs...
Goldman Sachs plans to float the assets of its Petershill Partners unit, hoping to cash in on a private equity boom with an IPO valuing the investment vehicle at more than $5bn. Petershill, which takes minority stakes in alternative assets managers including private...
European investment manager Candriam said its total assets rose 7.1% to €150bn in the first six months of the year, boosted by net inflows into its environmental, social and governance-focused funds. Demand to invest in ESG-related funds has surged over recent years...
Ares Management has revealed plans of more than doubling their $262bn in assets by 2025. That moonshot guidance was based on robust 2021 fiscal second quarter financial results reported in late July, which the company said was a snippet of what could come. On investor... 