Blackstone Nears About $5bn Deal for Advarra

Blackstone Nears About $5bn Deal for Advarra

Private equity firm Blackstone Inc. is nearing a deal to buy Advarra Inc. from Genstar Capital in a transaction that would value the drug-research services firm at about $5bn, according to a people with knowledge of the matter. A deal could be announced in the coming...
Trustar Capital eyes mammoth $3.5bn China buyout fund

Trustar Capital eyes mammoth $3.5bn China buyout fund

Trustar Capital, formerly known as CITIC Capital Partners, is said to be eyeing $3.5bn for its fifth China buyout fund. If successful, it will add another 25% to the already massive $2.8bn predecessor fund IV. The firm is also looking to raise $250m for a debut growth...