Wizz Air’s largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, a statement on Tuesday said, raising gross proceeds of around 400 million pounds. Private equity firm Indigo Partners did own 15...
Former senior dealmakers at Bank of America Corp. and Carlyle Group Inc. are backing a special purpose acquisition company that’s seeking $300 million to acquire businesses in the consumer sector. Woody Boueiz, ex-head of sovereign wealth funds at Bank of America, and...
PE investors expect a ‘U-shaped’ recovery, according to ‘Covid-19 and the world of private equity: optimism in an uncertain environment’, a survey released today by audit firm Mazars, that gauges investor sentiment in the institutional funding market. While the...
Pathway Capital Management has announced that it has closed on $1 billion for Pathway Co-investment Partners Fund V (“PCPF V”), a custom co-investment fund for a U.S.-based institutional investor. PCPF V will focus on identifying and investing in co-investment...
Banner Ridge Partners is prepping its next secondary fund a little more than a year after collecting $550 million for its debut fund. Banner Ridge’s new secondary fund is targeting $600 million, according to people familiar with the matter. However, the firm could...