Kuwait’s $124 Billion Pension Fund Plans Infrastructure Boost

Kuwait’s $124 Billion Pension Fund Plans Infrastructure Boost

Kuwait’s $124 billion pension fund, which posted a record first-half profit, plans to double its infrastructure investment and boost exposure to private equity, its director general said. The new plan, developed with U.S.-based consultancy Mercer LLC, will start next...
Specialty Building Products Owner Said to Mull $1.1 Billion Sale

Specialty Building Products Owner Said to Mull $1.1 Billion Sale

Buyout firm Madison Dearborn Partners is considering a sale of Specialty Building Products that could value the business at about $1.1 billion, including debt, according to people familiar with the matter. The Chicago-based private equity firm is working with an...
TPG Teams Up With TA to Buy Thoma Bravo’s Planview

TPG Teams Up With TA to Buy Thoma Bravo’s Planview

TPG and TA Associates are in advanced discussions to acquire software maker Planview from private equity firm Thoma Bravo for more than $1.5 billion, including debt, according to people familiar with the matter. The deal could be announced as early as this week, the...