BlackRock Inc.’s private equity vehicle agreed to buy Creed, a family-owned luxury fragrance maker, in its first European acquisition. BlackRock’s Long Term Private Capital is acquiring a majority of the centuries-old perfume company from Olivier Creed for an...
Univision has sold a majority stake to a group of investors, ending the Spanish-language broadcaster’s protracted and flailing sales process. The TV company known for dramas like “La Reina Soy Yo” has agreed to sell a 64 percent stake to a group of investors including...
Chinese private equity fund CMC Capital Group said it raised over $950 million in its biggest private equity fund to date, bolstering its ability to cut deals in the world’s second-largest economy. CMC Capital Partners III, the firm’s third dollar-denominated fund,...
Some pension funds “systematically pay more fees,” researchers from Harvard and Stanford found. Some pension funds have given up billions of dollars in private equity gains because of their fee structures, according to research from Harvard University and Stanford...
Blackstone Group Inc. has proceeded with the acquisition of Coffee Day Enterprises Ltd.’s technology park as it is set to pay the first tranche of 1.5 billion rupees ($21 million) as soon as Wednesday, people familiar with the matter said. The fund will pay another 20... 