Australia’s Spark Infrastructure Group said on Thursday it has received a buyout proposal from private equity firm KKR and Ontario Teachers’ Pension Plan Board, valuing the electricity infrastructure investor at $3.67bn. Spark shareholders will get A$2.80 for each...
Avesi Partners, a private equity firm based in Stamford, Connecticut, specializing in healthcare and business services, announced the final closing of its debut fund, Avesi Partners I LP, with $875 million of capital commitments. The Fund was oversubscribed and closed...
BlackRock Real Assets, an affiliate of the world’s largest asset manager, said Thursday it has acquired a 100-percent stake in IGIS Private Equity, which has been rebranded as the Korea Renewable Energy Development & Operation (KREDO) Holdings. This is...
Hellman & Friedman has raised one of the biggest-ever pools of private equity capital, after investors committed $24.4bn to its latest flagship fund. The U.S. buyout firm pledged $1.8bn to Hellman & Friedman Capital Partners X, which was “significantly”...
More than two decades of overseas takeovers, many of them by predatory, private equity firms, has hollowed out the UK’s command and control of its own economy. Decisions about great swathes of industrial infrastructure from ports, airports and power production...