Carlyle Group Inc. is embarking on a multi-year plan to supercharge growth and raise more than $130 billion. Senior managers led by Chief Executive Officer Kewsong Lee will lay out their strategy Tuesday during the firm’s first investor day since 2013. The team will...
Ardagh Group SA said on Tuesday it will spin off its metal packaging business through a merger with a listed blank-check firm backed by billionaire Alec Gores, in a deal that values the new company at $8.5 billion. The deal with Gores Holdings V will provide a total...
Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company at a pro-forma equity value of $24 billion. Lucid, run by an ex-Tesla engineer, is the latest...
Wells Fargo & Co said on Tuesday it had agreed to sell its asset management business, which manages more than $603 billion on behalf of customers, to private equity firms GTCR and Reverence Capital Partners for $2.1 billion. The sale represents the biggest...
Peterson Private Equity has held the closing of a $225 million fund focused on investing USD10-25 million behind entrepreneurs and management teams in profitable and growth-oriented businesses. “We are passionate about helping great people build great businesses,”... 