Singapore’s sovereign wealth fund GIC has teamed up with Chinese asset manager CDH Investments to submit a joint offer for the $3.6 billion home appliance business of Philips, two sources told Reuters. The duo is facing competition from Asia-focused private equity...
EQT Private Equity announced that it, via its EQT Mid Market Europe fund, has agreed to make a ~$100 million growth investment in CYESEC. CYE’s founder and CEO Reuven Aronashvili will retain a significant share in the Company and will continue to lead the...
French manufacturer and drug ingredients company Seqens may soon fly under a new banner. The company’s private equity owners are priming Seqens for sale, with majority shareholder Eurazeo enlisting JPMorgan to track down a potential buyer, two sources close to the...
The University of Cambridge has launched its eighth Enterprise Fund, managed by university spinout fund manager Parkwalk in conjunction with Cambridge Enterprise. Parkwalk has now overseen more than £100 million of investment into Cambridge-based companies over the...
In 2020, KKR & Co. Inc.’s global fundraising increased 72% year over year to reach a firm record of $44 billion, with Asia strategies the driver, representing about 40%, or $17 billion, of the total. Scott Nuttall, co-president, co-COO and director,...
