UAE’s $30bn Alterra Fund Readies New Round of Allocations

UAE’s $30bn Alterra Fund Readies New Round of Allocations

A $30 billion fund launched by the United Arab Emirates with the declared goal of funneling billions of dollars into climate finance is readying its next round of investments. Alterra, which struck deals worth $6.5 billion with BlackRock Inc., TPG Inc. and Brookfield...
Bain, Cinven Weighing Joint Bid for $20bn Sanofi Unit

Bain, Cinven Weighing Joint Bid for $20bn Sanofi Unit

Private equity firms Bain Capital and Cinven are exploring a potential joint bid for French drugmaker Sanofi SA’s $20bn consumer health division, people familiar with the matter said. Advent International is speaking to potential partners including sovereign wealth...
CVC completes Acquisition of DIF and Glendower

CVC completes Acquisition of DIF and Glendower

CVC has completed the acquisition of DIF Capital Partners and the acquisition of the final 20% stake in Glendower Capital, with the latter having been rebranded with immediate effect as CVC Secondary Partners, and the former as CVC DIF. The respective investment...
EQT to acquire Keywords in £2.2bn deal

EQT to acquire Keywords in £2.2bn deal

Swedish private equity firm EQT is to acquire Keywords Studios, an Irish company focused on developing software used in video games, in a deal that values the business at £2.2bn, according to a report by MarketWatch. Under the terms of the transaction, EQT will pay...