PE Firm Baring Raises About $11bn for Its Largest Fund

PE Firm Baring Raises About $11bn for Its Largest Fund

Baring Private Equity Asia has gathered about $11bn as it wraps up commitments for a fund that’s set to be the biggest pool of capital in the firm’s history, according to people familiar with the matter. The Hong Kong-based investment manager raised about 70% more...
Aston Martin raising $660m in rights issue

Aston Martin raising $660m in rights issue

Aston Martin is raising $660m in a rights issue as major investors including Saudi Arabia’s sovereign wealth fund keep faith with the struggling luxury British carmaker. The 109 year-old company said on Monday it would issue four new shares at 103 pence apiece...