by Andreea Melinti | Jan 9, 2025 | News
True Religion announced on Tuesday that private equity firm Acon Investments has acquired a majority stake in the company. SB360 Capital Partners, chaired by American Eagle’s CEO Jay Schottenstein, also took part in the deal. True Religion stated that the acquisition...
by Andreea Melinti | Jan 9, 2025 | News
The latest $2.9bn bid for Insignia Financial validates its long-held belief that the wealth giant has been undervalued by the market, according to researcher Morningstar. US private equity firm CC Capital offered $4.30 per share, following Bain Capital’s $4 per...
by Andreea Melinti | Jan 9, 2025 | News
Private equity firms and pension funds are increasing their investments in the UK rental market, spending a record £1.5bn on single-family homes by the end of last year. The UK’s institutional players, such as Aviva, Legal & General, and Lloyds, have been...
by Andreea Melinti | Jan 9, 2025 | News
Private equity executives and lobbyists recently told the Financial Times that they are prepared to “hit the ground running” and enter the retirement fund market when former President Donald Trump returns to office on January 20. The majority of...
by Andreea Melinti | Jan 8, 2025 | News
GFL Environmental announced on Tuesday that it will sell its environmental services division in a deal worth $5.59bn. The Canadian waste management company based in Vaughan, Ontario plans to use the proceeds to reduce debt and repurchase shares. The business will be...
by Andreea Melinti | Jan 8, 2025 | News
The Taiwanese insurance provider announces a $70m investment in private equity. The KKR North America Fund XIV, managed by KKR, has secured a $70 million commitment from Fubon Life Insurance. The Taiwan-based insurance company recently disclosed that it committed to...