Former Goldman Executive Sumit Rajpal Launches Buyout Firm

Former Goldman Executive Sumit Rajpal Launches Buyout Firm

Sumit Rajpal, former co-head of the merchant bank of Goldman Sachs Group Inc., is launching a new private-equity firm targeting companies that are sitting on valuable troves of data that can be used more effectively to spur growth. The new firm, to be called...
Dyal and Owl Rock Complete $12.5bn SPAC Merger

Dyal and Owl Rock Complete $12.5bn SPAC Merger

Dyal Capital Partners, a firm created by Neuberger Berman to buy passive stakes in alternative asset managers, and direct lender Owl Rock Capital Partners completed their merger and subsequent $12.5bn SPAC deal with Altimar Acquisition. The combined company is now...
Cinven to Sell Chryso to Saint-Gobain

Cinven to Sell Chryso to Saint-Gobain

International private equity firm Cinven is to sell Chryso, a provider of specialty chemicals for the construction industry, to Saint-Gobain, a specialist in the building materials sector. Headquartered in France, Chryso is a leading global manufacturer of concrete...
UK’s Neptune Energy Plans $9.9bn IPO

UK’s Neptune Energy Plans $9.9bn IPO

Neptune Energy Chairman Sam Laidlaw is considering a potential $9.9bn initial public offering (IPO) for the British oil and gas company, The Times reported on Sunday. Laidlaw, who was formerly head of Centrica (LON:CNA), is close to appointing JP Morgan to explore...