MetLife Investment Management, the institutional asset management business of MetLife, has formed a new $1.2bn private equity fund of funds, significantly boosting the amount of private capital the insurer manages for outside investors. The new fund, MetLife...
Canada’s biggest pension fund is buying a 20 per cent stake in Team.blue from investment firm Hg in a deal valuing the technology group at €4.8 billion (US$5.2 billion). Canada Pension Plan Investment Board will pay about €550 million ($800 million) for the stake,...
China Merchants Capital and private equity funds including KKR & Co. are among firms considering bids for pallet maker Loscam Asia Pacific Co., according to people familiar with the matter. The investment arm of China Merchants Group and KKR have each been...
Aircraft landing gear maker Héroux-Devtek Inc. says it has signed a deal to be acquired by U.S. private equity firm Platinum Equity Advisors LLC in a deal valued at $1.35 billion. The sale comes after a review of strategic alternatives by the company. Héroux-Devtek...
Hahn & Co, a South Korean private equity firm founded by former Morgan Stanley banker Scott Sang-Won Hahn, has raised $3.4bn for a new buyout fund, making it the largest single-country focused vehicle in Asia this year, according to a report by Bloomberg. The... 