by Sebastian | Oct 24, 2023 | News
Bain Capital and Chinese industrial real estate developer and operator DNE Group said on Tuesday they formed a joint venture with a $250m equity commitment, as the U.S. firm looks for investment opportunities in manufacturing park assets in China. The initial batch of...
by Sebastian | Oct 24, 2023 | News
OrbiMed, a global healthcare investment firm, is pleased to announce it has raised more than $4.3bn in commitments for its latest private investment funds, including OrbiMed Private Investments IX, OrbiMed Asia Partners V and OrbiMed Royalty & Credit Opportunities...
by Sebastian | Oct 24, 2023 | News
abrdn to acquire £600m closed-end fund assets from First Trust Advisors. To be merged into existing funds. abrdn’s US arm is set to acquire £600m in assets from four closed-end funds managed by First Trust Advisors, subject to regulatory approval. Under the deal, the...
by Sebastian | Oct 24, 2023 | News
Private equity firm Freshstream has taken a stake in Project Better Energy, a solar and renewable energy service provider, from the company’s shareholders, who are reinvesting alongside Freshstream. Project Better Energy is the sixth investment in Freshstream’s first...
by Sebastian | Oct 24, 2023 | News
Allianz Global Investors has raised €1bn at the final close of its infrastructure private equity fund’s second vintage. The Allianz Global Diversified Infrastructure Equity Fund II raised €550m after its first close in May. It has now final-closed after receiving €1bn...
by Sebastian | Oct 23, 2023 | News
Akumin Inc. announced today that it has reached an agreement with Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and the Company’s stakeholders on the terms of a financial restructuring that will substantially...