DBS Bank has agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. The bank will retain a minority stake of 9.9 per cent in AXS, it said on Tuesday. It did not disclose the...
Federated Hermes, a global leader in active, responsible investing, announces the successful closure of its fifth flagship Private Equity Co-investment fund. PEC V has a proven, alpha-oriented strategy that provides investors with access to leading growth companies....
Bausch Health Companies Inc. and KKR have announced that Bausch Receivables Funding LP, an Ontario limited partnership and wholly-owned subsidiary of Bausch Health, has entered into a US $600m non-recourse financing facility with KKR and its credit funds and accounts....
U.S. private equity firm KKR & Co (KKR.N) is exploring options, including a sale, for its majority stake in commercial lighting manufacturer NVC International Holdings’ China business, Bloomberg News reported on Monday. A deal may fetch about $1 billion and...
Long Ridge Equity Partners collected $730m for its fourth fund in three months, overcoming difficult fundraising conditions brought on by rising interest rates and volatile public markets. The New York private equity firm, which focuses on backing companies in the... 