by Sebastian | Jul 12, 2024 | News
Private equity firm Carlyle Group is in exclusive discussions to purchase Baxter International’s kidney care spinoff, Vantive, in a deal valued at around $4bn including debt, according to reports by Reuters and the Wall Street Journal. The report cites an unnamed...
by Sebastian | Jul 12, 2024 | News
Axel Springer Chief Executive Mathias Doepfner and private equity group KKR KKR.N are in talks to break up the media conglomerate, the Financial Times reported on Thursday, citing people with knowledge of the matter. A potential deal would separate the group’s media...
by Sebastian | Jul 12, 2024 | News
Private-equity firm Bain Capital will buy Envestnet, in a $4.5bn deal, adding to its portfolio a financial software vendor that counts 16 of the 20 biggest U.S. banks among its customers.A cohort of investors, including Reverence Capital, BlackRock (BLK.N), opens new...
by Sebastian | Jul 5, 2024 | News
BlackRock Inc. is singling out funds with combined assets of $150bn for an extra screen designed to ensure the investments are aligned with strict climate goals. The world’s largest money manager said the decision affects 83 funds domiciled in Europe, according to an...
by Sebastian | Jul 5, 2024 | News
The $1.7 trillion private-lending industry is still “in batting practice” before it swells to a $25 trillion market, according to one of its powerhouses, Blackstone Inc. Given the funding needs for financing data centers and energy transition, there’s room to grow to...
by Sebastian | Jul 5, 2024 | News
AustralianSuper, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further gains in tech stocks. The A$335 billion ($223 billion) fund has started the new financial year 3% overweight in...
