KKR Raises More Than $6.6bn for European Buyout Fund

KKR Raises More Than $6.6bn for European Buyout Fund

KKR has raised more than $6.6bn at the first close for its latest European buyout fund, people familiar with the matter said. The private equity firm has already topped the amount of committed capital from its last vehicle focused on the region, the people said,...
Advent and Centerbridge Prepare New $2.2bn Bid for Aareal

Advent and Centerbridge Prepare New $2.2bn Bid for Aareal

A buyout group seeking to take over Germany’s Aareal Bank in a $2.2bn deal said on Tuesday that it had secured commitments from shareholders to tender around 37% of stock after it raised its offer price again. The buyout group, which includes U.S.-based Advent...