Avance Eyes Increase of Debut Fund Cap to $1bn

Avance Eyes Increase of Debut Fund Cap to $1bn

Avance Investment Management, a private equity firm formed last year by executives who worked together at Palladium Equity Partners, wants to increase the upper fundraising limit on its debut vehicle to $1bn, according to Mark Evans, principal investment officer at...
Intertek to Buy Baring-backed SAI Global Assurance for $660m

Intertek to Buy Baring-backed SAI Global Assurance for $660m

British inspection and product testing company Intertek Group agreed on Thursday to buy SAI Global Assurance for $660m, as it builds market share in Australia, North America, the UK and China. SAI Global Assurance, which is indirectly owned by private equity firm...
Advent Weighs ASK Group Stake Sale at $1bn Valuation

Advent Weighs ASK Group Stake Sale at $1bn Valuation

Advent International is exploring options including a potential sale for its stake in ASK Group, an Indian investment and wealth management firm, according to people familiar with the matter. The buyout firm is working with Nomura Holdings Inc. on a possible deal,...