British Airways has appointed BlackRock to manage £21.5bn of its pension schemes’ assets, covering two of the UK’s largest defined benefit schemes. BlackRock will manage assets within the Airways Pension Scheme and the New Airways Pension Scheme, which serve more than...
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. KKR, CD&R Strike $5.3 Billion Deal to Buy Cloudera Private-equity firms KKR & Co. and Clayton Dubilier & Rice LLC agreed to buy...
Private-capital groups built up sharply different portfolios before and during the pandemic, putting billions of dollars to work. The reopening of the economy from the pandemic is setting up a contest between the most powerful investment firms on Wall Street. ...
Insurance broker Aon said it will sell some assets to private equity firm Aquiline Capital Partners and tech firm Alight for $1.4 billion, in a bid to get U.S. Department of Justice approval for its merger with Willis Towers Watson. The deal includes selling...
Shares of DLocal Ltd jumped nearly 48% in their Nasdaq debut on Thursday, giving the Uruguayan cross-border payments firm a market capitalization of about $9 billion. The company’s stock opened at $31, compared with the initial public offering price (IPO) of $21.... 