Foresite Capital’s latest $969 million fund represents a rare feat among growth equity firms: only a handful of investors—including Arch Venture Partners and Flagship Pioneering—have raised comparable or larger sums for life science vehicles in recent years,...
Wireless carrier AT&T Inc said on Thursday it will sell about a third of its stake in satellite TV unit DirecTV to buyout firm TPG Capital in a deal that values the business at $16.25 billion, well below the $68 billion it paid for the asset less than six years...
As Fanatics continues to hold off on a potential IPO, the sports merchandise company is busy expanding global operations, this time in China. The Michael Rubin-led company is starting Fanatics China, a joint venture with investment firm Hillhouse Capital, an...
Blackstone Group Inc.’s Verdun Perry said the private equity industry needs to step up when it comes to diversifying its ranks and increase the number of places where it seeks out talent. The largest alternative asset manager, which recruited from just nine schools in...
Prelude Growth Partners, a private equity firm focused on high potential, fast-growing consumer brands, today announced that it has closed its second fund, Prelude Growth Partners II, reaching its hard cap of $250 million four months after launching. The...
