Three investment firms are launching a joint initiative aimed at attracting more Black talent to their industry, which has struggled to do so despite numerous attempts over the years. Apollo Global Management Inc., Ares Management Corp. and Oaktree Capital Management...
EQT is weighing an initial public offering of Azelis, a distributor of specialty chemicals and food ingredients, according to people familiar with the matter. The private equity firm is working with advisers on the listing plans, the people said, asking not to be...
LGT Capital Partners has held final close of Crown Global Secondaries V, its fifth private equity investment programme investing globally in secondaries, at the hard cap of $4.5bn. The programmes’s investor base consists of more than 100 institutions, including...
NewSpring’s buyout strategy, NewSpring Holdings, has raised an additional USD120 million in a funding round led by Northleaf Capital Partners (Northleaf) and Velocity Structured Solutions. The investment supports the strategic growth and expansion of NewSpring...
Cerberus Capital Management LP played a major role in relieving European banks of bad debt portfolios and underperforming assets in the years following the global financial crisis, and the private equity group’s reported interest in HSBC Holdings PLC’s...