M&G, London-based asset manager, has announced that its £136 billion With-Profits Fund is to allocate up to £5 billion into privately-owned enterprises working to create a more sustainable world. Part of the long-term savings of Prudential’s 5 million UK customers...
Private equity firm CVC Capital Partners is reportedly in talks to acquire a minority stake in the San Antonio Spurs in a deal that would value the National Basketball Association (NBA) franchise at around US$1.3 billion. According to a report by the Financial Times,...
Former Gatwick owner GIP, U.S. private equity giant Blackstone and Bill Gates’ investment vehicle together tabled an increased bid for private jet services firm Signature Aviation that values it at $4.73 billion, above a previous GIP solo bid. The recommended...
Eurazeo has come to an agreement with a group of international investors that will provide €340 million additional investment capacity for its Eurazeo growth strategy. The investors will commit to a newly created continuation fund that will acquire a 32 per cent...
New Jersey’s $83 billion pension fund is eyeing further investments in private equity and credit to boost performance. With stocks at record levels and low interest rates constraining bond returns, higher allocations to assets such as private equity are needed, Corey... 