Digital payments processor Stripe Inc, the most valuable U.S. technology startup, has taken its first major step toward a stock market debut by hiring a law firm to help with preparations, according to people familiar with the matter. The 11-year-old company, which...
Midmarket-focused Nautic Partners aims to raise $2.5bn for its 10th buyout fund, according to a public document from Rhode Island’s public pension system. If the Providence, R.I.-based firm hits its target, Nautic Partners X LP would be about 60% larger than its...
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. KKR Raises $2.2 Billion Fund for European Real Estate Deals KKR, a leading global investment firm, today announced the final closing of KKR Real...
KKR has committed to $8bn in commercial-property loans so far in 2021, more than double its previous full-year record, as the pandemic reopening stokes demand for financing. “The market is just roaring back from a volume perspective,” Matt Salem,...
Altria Group said on Friday it would sell its Ste. Michelle Wine Estates business to private equity firm Sycamore Partners for $1.2bn, as the tobacco giant looks to focus its business on cigarette alternatives for smokers. The Marlboro maker’s shares rose 3% in... 