by Sebastian | Oct 5, 2022 | News
Crossbay, the pan-European urban logistics platform of private equity real estate manager MARK, has launched a second investment fund which seeks to hold over €2bn worth of assets. IPE Real Assets understands that Crossbay II, which will enter new markets such as the...
by Sebastian | Oct 5, 2022 | News
Private equity firm Energy Capital Partners (ECP) has agreed to acquire British waste management company Biffa in a deal worth $1.41bn. Under the terms of the deal, Biffa shareholders will receive 410p per share from ECP-controlled Bears Bidco. Including dividend...
by Sebastian | Oct 5, 2022 | News
Cleary Gottlieb represented global insurer and financial services provider NN Group (NN) in the sale by its subsidiary NN Insurance Belgium (NN Belgium) of a closed book of life retail insurances, representing approximatively €3.3bn of assets and liabilities, to...
by Sebastian | Oct 5, 2022 | News
Lumen has completed the $7.5bn sale of its local fibre and copper networks in 20 US states to a private equity-owned operation, Brightspeed. Brightspeed said it is now the fifth largest independent local exchange carrier (ILEC) in the US, covering more than 6.5...
by Sebastian | Oct 5, 2022 | News
In a bid to provide retail investors with concentrated exposure to global private equity investments, the asset manager has launched its first retail private equity fund, the MLC Global Private Equity Fund. Previously only available to institutional investors, the new...
by Sebastian | Oct 4, 2022 | News
Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.1bn. The deal, announced on Tuesday, makes York the latest space unicorn — a company valued at over $1...
