Elliott Management Corp has taken a stake in software firm F5 Networks Inc, making it one of the company’s largest investors, a person familiar with the matter told Reuters, emphasising the activist investor’s belief in operational and strategic...
CalPERS committed a total of $8.45 billion to alternative investments, according to a report to the board of the $402.9 billion Sacramento-based pension fund. The California Public Employees’ Retirement System’s staff under its discretion committed $2...
Profitability at Britain’s largest craft brewer fell back last year, despite a 25 per cent rise in sales to £215 million, as its fast growth came at a high price. Brewdog experienced an increase in overheads as it expanded its bar network in Britain and overseas, the...
The owners of the petrol stations business EG Group have raised expensive debt-like financing from sovereign wealth and pension funds, handing them hundreds of millions of pounds in fresh cash that could help fund their buyout of the UK supermarket chain Asda....
US LBM, a leading distributor of specialty building materials in the United States, today announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under the leadership... 