U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such...
Already India’s largest office landlord, Blackstone may soon become the country’s biggest warehouse owner through the purchase of a 22 million square foot (2 million square metre) logistics joint venture, according to local news reports. Having acquired more than 1...
A year after its acquisition, Israel-based IoT security company Armis Inc. has raised $125 million at a $2 billion valuation. Armis was acquired by New York-based private equity firm Insight Partners and Google’s investment fund Capital G in January 2020. On Tuesday,...
Public pension plans tracked by investment data and analytics firm eVestment reported USD154.6 billion of commitments to private markets funds in 2020. This is a 2 per cent increase from 2019’s totals. In a pandemic-impacted year that turned fund due diligence and the...
HighBar Partners, a Menlo Park, CA-based private equity investor, announced today that HighBar Partners III, L.P. has raised $100 million of strategic capital from Sixth Street, a leading global investment firm. This innovative transaction will enable HighBar to make...