BlackRock private equity fund eyes £350m Aquila Heywood deal

BlackRock private equity fund eyes £350m Aquila Heywood deal

A private equity fund managed by the world’s biggest institutional investor is close to finalising the takeover of Aquila Heywood, a pensions software provider, in a deal that will trigger windfalls for its bosses. Sky News has learnt that BlackRock’s Long...
Investors see multiple avenues for space sector exits

Investors see multiple avenues for space sector exits

Money will continue flowing into the space industry from government agencies, private equity firms and public markets, according to panelists at the 2021 SmallSat Symposium. “It has never been a better time to raise money for ventures in and around space,” said James...
Private equity groups battle for €1bn AIB problem mortgages

Private equity groups battle for €1bn AIB problem mortgages

Private-equity giants in the United States Apollo and Lone Star are the final bidders vying to acquire a portfolio of deep-in-arrears AIB home loans that were originally worth about €1 billion, according to sources. AIB set about selling the portfolio, dubbed Project...
UPDATE: Carlyle withdraws bid for Japan Asia Group

UPDATE: Carlyle withdraws bid for Japan Asia Group

Global private equity firm Carlyle Group on Wednesday withdrew its bid to buy energy and environment firm Japan Asia Group (JAG) in a deal worth 48 billion yen ($459 million), as a Japanese activist fund beat its offer. “The bid did not attract minimum shares needed...