by Sebastian | Jan 31, 2023 | News
Brookfield Asset Management Ltd. is in talks to take over the private equity secondaries business of Deutsche Bank AG’s asset management arm, according to a person familiar with the matter. Negotiations are in final stages and a deal may get announced as soon as this...
by Sebastian | Jan 31, 2023 | News
Buyout firm Convergence Partners raised $296m to buy African technology assets, Chairman Andile Ngcaba said. The capital raise, one of the first private equity funds secured for sub-Saharan Africa this year, will bring the total funds under management at Convergence...
by Sebastian | Jan 30, 2023 | News
Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing and alternatives to allow employees to cash out stakes in the private company, two sources familiar with the matter told Reuters. The move, communicated to...
by Sebastian | Jan 30, 2023 | News
Indian warehouse and parks developer IndoSpace on Monday said the Canada Pension Plan Investment Board (CPPIB) will invest $205m in the company’s new real estate fund. The investment from Canada’s biggest pension fund is part of IndoSpace’s new fund...
by Sebastian | Jan 30, 2023 | News
Warburg Pincus LLC on Friday disclosed it has amassed $15.4bn for its latest flagship global private equity fund that will acquire companies across industries around the world. The move brings New York-based Warburg closer to hitting its initial target of collecting...
by Sebastian | Jan 27, 2023 | News
Prime Group Holdings, a vertically-integrated private equity real estate firm, announced that it successfully closed its third flagship self storage fund, Prime Storage Fund III, at the Fund’s hard cap of $2.5bn, exceeding its $1.5bn target. Fund III, which closed in...