Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company at a pro-forma equity value of $24 billion. Lucid, run by an ex-Tesla engineer, is the latest...
Wells Fargo & Co said on Tuesday it had agreed to sell its asset management business, which manages more than $603 billion on behalf of customers, to private equity firms GTCR and Reverence Capital Partners for $2.1 billion. The sale represents the biggest...
Peterson Private Equity has held the closing of a $225 million fund focused on investing USD10-25 million behind entrepreneurs and management teams in profitable and growth-oriented businesses. “We are passionate about helping great people build great businesses,”...
Tikehau Capital has completed fundraising for its T2 investment strategy focused on energy transition with over €1 billion in commitments. Tikehau Capital launched this strategy in 2018 with EUR100 million from its own balance sheet. This unique alignment of interest...
Arlington Capital Partners, a middle market private equity firm, has secured a passive, non-voting, minority equity investment by Goldman Sachs Asset Management’s Petershill programme. The investment follows a multi-decade relationship between Goldman Sachs and...
