Credit Suisse places U.S. asset management arm for sale

Credit Suisse places U.S. asset management arm for sale

Credit Suisse Group AG is considering a sale of its US asset management business, according to people familiar with the matter. The Swiss bank has recently begun a sales process for the US operations of Credit Suisse Asset Management, or CSAM, said the people, who...
Enel to sell stake in its grid services unit to CVC

Enel to sell stake in its grid services unit to CVC

Italy’s biggest utility Enel is in advanced talks to sell a stake in its grid services unit to private equity firm CVC in a deal that could be signed in the next few days. CVC, which you can meet the Italy Private Equity Conference May 2023, would buy a stake of...
Veritas Capital closes eighth flagship fund at $10.65bn

Veritas Capital closes eighth flagship fund at $10.65bn

Veritas Capital, a technology and government investment firm, has held the final close of its latest flagship fund, Veritas Capital Fund VIII (Fund VIII) with $10.65bn of aggregate committed capital. Fund VIII was significantly oversubscribed, with demand exceeding...