by Sebastian | Apr 21, 2022 | News
CalPERS’ board on Tuesday approved a fiscal year 2023 budget of $2.1bn, up 9.3% from the prior year driven primarily by external alternative investment management fees. The staff at the $474.5bn California Public Employees’ Retirement System, Sacramento,...
by Sebastian | Apr 21, 2022 | News
KKR, a leading global investment firm, and Ontario Teachers’ Pension Plan Board (Ontario Teachers’) today announced the signing of agreements under which Ontario Teachers’ will invest up to $175m in KKR’s road platform in India, which includes Highway Concessions One....
by Sebastian | Apr 19, 2022 | News
Private equity investor Cinven is considering an offer for Ideagen that could value the Nottingham-based company at around £1bn. Cinven has revealed it is “in the early stages” of considering an offer, and now has until May 12 to firm up its plans under takeover...
by Sebastian | Apr 19, 2022 | News
Asda’s private equity owner has claimed the value of its investment in the supermarket chain has soared by nearly 20 times as it gears up for a potential bid for the pharmacy chain Boots. The London-based TDR Capital said its stake as co-owner of the grocer was now...
by Sebastian | Apr 19, 2022 | News
Funds managed by the private equity business within Goldman Sachs’ asset management arm on Tuesday have invested $125m in Fortress Information Security, a supply chain cybersecurity provider. Founded in 2015, Fortress, which secures 40% of the U.S. power grid,...
by Sebastian | Apr 19, 2022 | News
Private equity giant KKR is working on a $14.7bn bid for Australian-listed global hospital and clinic group Ramsay Health Care. KKR declined to comment while Ramsay Health Care did not immediately respond to a request for comment outside normal Australian office...