by Sebastian | Dec 13, 2021 | News
Level Equity Management, announced final closings of Level Equity Growth Partners V and Level Equity Opportunities Fund 2021, securing $775m and $350m respectively in aggregate commitments. Level has raised $3.0bn across 10 investment funds and co-invest vehicles...
by Sebastian | Dec 13, 2021 | News
Data center and storage company Iron Mountain has acquired IT Asset disposal & recycling firm IT Renew. Iron Mountain will acquire 80 percent of ITRenew from private equity firm ZMC for approximately $725 million in cash, with the remaining 20 percent acquired...
by Sebastian | Dec 13, 2021 | News
Private-equity firm Parthenon Capital Partners has agreed to buy a majority stake in Kroll Bond Rating Agency, in a rare instance of a credit-ratings firm changing hands, company officials said. The deal, which is expected to be announced later Monday, values KBRA at...
by Sebastian | Dec 13, 2021 | News
Ares Management has raised $8bn dollars for a fund making direct loans to small and midsize U.S. companies, escalating a fight between alternative-asset managers for market share in the burgeoning private-credit market. Asset-management firms including Apollo Global...
by Sebastian | Dec 13, 2021 | News
Singapore’s sovereign wealth fund sees global inflation as the biggest threat to its portfolio now, following the crisis triggered by the pandemic, the city’s Sunday Times reported, citing the chief executive officer. “Turns out that way more than temporary...
by Sebastian | Dec 13, 2021 | News
SPX FLOW on Monday said it agreed to be acquired by an affiliate of private-equity firm Lone Star Funds for $86.50 a share in cash in a deal valued at $3.8bn, including the assumption of debt. The deal represents a 1% premium to Friday’s closing price for SPX, a...
