BC Partners has raised around half the target amount for its next flagship private equity fund, for which it is seeking a record 8.5 billion euros ($10 billion), people with knowledge of the matter said. The London-based buyout firm has already gathered more than 4...
The world’s billionaires saw their wealth soar to a record $10.2tn during the coronavirus crisis. But fears over their post-pandemic fortunes are keeping the UK’s richest investors awake at night. Some of Britain’s wealthiest bankers and hedge fund managers are among...
Triller Inc, a budding competitor to popular short-video app TikTok, is in discussions with blank-check acquisition companies about a merger which would take the U.S. social media company public, according to people familiar with the matter. The deal would come as...
The relationship between retail and private equity has been a fraught one for years. But the pandemic has brought on a whole new set of issues. Consumer spending cratered. Social distancing guidelines forced stores to limit foot traffic. And many shoppers have...
UK-based IK Investment Partners has entered exclusive negotiations with Ardian to acquire a majority stake in Kersia, a biosecurity and food safety company the French private equity firm acquired in 2016. Financial details were not disclosed, as the transaction...