PAI Partners has closed its inaugural PAI Mid-Market Fund with a total of circa EUR920 million of commitments. The Fund was raised entirely virtually and is above its €700 million target and original EUR800 million hard cap, which was increased following significant...
Blackstone Group Inc, the world’s largest manager of alternative assets such as private equity and real estate, is seeking to raise $4 billion for a fund to invest in various asset classes, according to people familiar with the matter. It is the fourth such fund to be...
The Carlyle Group is planning to raise $6bn for its ninth US real estate fund, according to an investor. The Pennsylvania Public School Employees’ Retirement System (PSERS) said in a meeting document that it has approved a $200m commitment to the Carlyle Realty...
A group of investors led by Warburg Pincus will invest about $700 million in Chinese e-commerce firm JD.com Inc’s infrastructure asset management arm, the U.S.-based private equity firm said on Thursday. Warburg Pincus and Hillhouse Capital, along with other...
Six Nations Rugby has secured a £365m investment after agreeing to sell 14.3 per cent of its share to private equity firm CVC. CVC Capital Partners has now invested more than £700m into professional rugby, with its latest move adding to previous funds in the Gallagher...