Latin America investors committed $1.2 billion to CD&R Fund XI

Latin America investors committed $1.2 billion to CD&R Fund XI

Clayton, Dubilier & Rice (CD&R) has closed its latest flagship fund with $1.2 billion in capital commitments from Latin America investors. The capital committed represents one of the largest fundraises for a buyout manager in Latin America to date. The Latin...
Global investors value China’s Ant Group at over $200 billion

Global investors value China’s Ant Group at over $200 billion

Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring. The number is...
Ex-BofA, Carlyle Dealmakers Seek $300 Million for Consumer SPAC

Ex-BofA, Carlyle Dealmakers Seek $300 Million for Consumer SPAC

Former senior dealmakers at Bank of America Corp. and Carlyle Group Inc. are backing a special purpose acquisition company that’s seeking $300 million to acquire businesses in the consumer sector. Woody Boueiz, ex-head of sovereign wealth funds at Bank of America, and...