When Deutsche Finance Group looked to crack the U.S. real estate market, it set its sights on a prime Manhattan corridor. In August 2018, the German investment firm’s new U.S. subsidiary picked up the top floors of the Gucci building with New York-based developer...
Indonesia has approached US private equity firms including Blackstone and Carlyle to take part in a new sovereign wealth fund, marking a test of investor interest after the country passed sweeping reforms last month. The fund, which is seeking to raise up to $15bn,...
A consortium of buyout fund Apax and digital services firm Reply has dropped out of the auction process for Italian banking software firm Cedacri, two sources told Reuters, leaving three bidders vying for control of the 44-year old business. IT consultancy Accenture...
German media group Bertelsmann has agreed to purchase publisher Simon & Schuster for $2.175 billion (1.63 billion pounds) in cash from ViacomCBS, strengthening its presence in the United States. Bertelsmann outbid Rupert Murdoch’s News Corp in a contest for the...
Over the past three years, S&P Global Market Intelligence has worked together with the PE industry to explore its future, measure its sentiment, and keep up to date with the changing trends, challenges, and opportunities. This year, once again, they are conducting...