by Sebastian | Nov 12, 2021 | News
Private equity firm KKR has made its first build to rent investment in Edgbaston, Birmingham with Moda Living. The first acquisition in the platform deal at New Garden Square from landowner Court Collaboration and will see Moda and KKR work closely with developer...
by Sebastian | Nov 12, 2021 | News
The value of all companies going public on US exchanges has passed a record $1 trillion this year across 981 deals, after Rivian’s upsized IPO added nearly $56bn in exit value, according to PitchBook data. Electric truck maker Rivian, whose stock rose 29% to...
by Sebastian | Nov 12, 2021 | News
Private markets investment firm HPS Investment Partners, which spun out of J.P. Morgan Asset Management in 2016, is pitching a new junior debt fund to investors, weeks after collecting $11.7bn for a separate fund focused on specialty loans. The New York-based firm’s...
by Sebastian | Nov 12, 2021 | News
Asset management giant Abrdn has confirmed it is in talks to buy stock-picking platform Interactive Investor. It comes after weekend reports that the FTSE 100 group, which renamed from Standard Life Aberdeen earlier this year, was finalising a deal worth £1.5 billion....
by Sebastian | Nov 12, 2021 | News
The European Investment Bank and Allianz Global Investors said on Monday they plan to raise $577.55m for a fund aimed at bolstering climate mitigation and adaptation in developing countries. The Emerging Market Climate Action Fund (EMCAF), a fund-of-funds, is the...
by Sebastian | Nov 12, 2021 | News
Cyber security firm McAfee on Monday said a consortium led by private equity firms Advent International and Permira would take it private in a deal worth $14bn. The investor group will buy all outstanding McAfee shares for $26 each in an all-cash deal that values...