Billionaire investor Daniel Och, who founded hedge fund Och-Ziff Capital Management, said in a filing on Friday that he plans to raise $750 million through a blank check acquisition vehicle, becoming the latest major hedge fund investor to launch one. Och, who started...
Private equity firms are increasingly seeking shelter in the booming technology sector, which many now believe is the industry’s best way out of the Covid crisis. The coming months will likely be dominated by uncertainty for the private equity industry in Europe as...
Link Administration Holdings Ltd said on Monday it received a conditional A$2.76 billion ($2 billion) takeover offer from private equity firms Carlyle Group and Pacific Equity Partners, sending its shares up nearly 30%. The non-binding offer of A$5.20 a share is at a...
Global property group Lendlease teamed up with Aware Super to purchase a strategic stake in the $1 billion Greenpoint urban development in Brooklyn, New York City Under the plan, Lendlease will take a 25 per cent stake in the development and Aware Super, previously...
Neuberger Berman’s Dyal Capital Partners bought a minority stake in Veritas Capital, a private equity firm with more than $20 billion of assets under management, according to people with knowledge of the matter. Veritas, run by Ramzi Musallam, invests in companies... 