CVC Capital Partners is nearing a purchase of secondary buyout specialist Glendower Capital, according to people familiar with the matter, in a deal that will provide the private equity firm with a new strategy to lure investors. The two investment firms are in...
Ares SSG has held the final close of its third Secured Lending Opportunities Fund III (SLO III), with capital commitments of more than $1.6bn, which Ares believes makes it the largest pan-Asian secured lending fund to date. The close of SLO III marks the establishment...
Delivery startup Gopuff said on Friday it raised $1bn from global investors, including Guggenheim Investments and SoftBank Vision Fund 1, valuing the company at around $15bn. The new valuation represents a jump of nearly 69% from $8.9 billion that the company was...
Apollo Global Management Inc. booked a $1.6 billion gain for its 2013 buyout fund by selling its majority stake in rural hospital chain LifePoint Health to another Apollo fund. The firm’s eighth flagship fund completed the sale to its ninth last month for $2.6...
Weber, backed by BDT Capital Partners, said it plans to sell nearly 46.9 million shares at between $15 and $17 apiece in an initial public offering that could give the grill maker a market capitalization of around $5bn. At the $16 midpoint of the expected price range,...