U.S. buyout firm Carlyle Group said on Thursday its second-quarter distributable earnings nearly doubled following a sharp rise in asset divestments in its private equity and secondary market portfolios. Carlyle joins peer Blackstone Group Inc in reporting such strong...
Singapore’s sovereign wealth fund GIC has joined the consortium led by Fortress Investment Group looking to acquire Morrisons, just as the supermarket’s largest shareholder has spoken out against the bid. A deal to buy the UK’s fourth largest grocery chain for £6.3bn...
Macquarie Asset Management has held the final close of Macquarie Infrastructure Partners V (MIP V) after reaching $6.9bn in commitments. MIP V is Macquarie Asset Management’s sixth Americas-focused, unlisted infrastructure fund. It continues the investment strategy of...
Content platform provider Contentful said on Wednesday it raised $175m in a funding round led by investment giant Tiger Global, bringing the German company’s valuation to $3bn. Founded in 2012 by European tech entrepreneurs Sascha Konietzke and Paolo Negri, the...
Pritzker Private Capital, which invests on behalf of the Pritzker and several other wealthy families, has wrapped up its third fund with $2.7bn. Fundraising for PPC III LP took about nine months and the fund held an initial close in December, according to Paul... 