Apollo Global Management said on Thursday its fourth-quarter adjusted net income rose 77% owing to strong earnings from its retirement services business, although that was partly offset by a steep decline in its private equity portfolio. The New York-based firm said...
French American private equity giant L Catterton is in talks to acquire ready-to-wear brand A.P.C., sources confirmed to WWD. The French denim stalwart founded by Jean Touitou in 1987 enlisted investment bank Rothschild & Co. to seek a buyer back in December....
EQT has today set the hard cap for investor commitments of €21bn for the EQT Infrastructure VI fund. A hard cap refers to an upper limit on the amount of investor commitments accepted as part of the fund. The actual fund size is dependent on the outcome of the...
Brookfield Asset Management Ltd.’s earnings rose in the fourth quarter as it wrapped up a record year of fundraising that has given the firm more than $90bn to invest. The Canadian alternative asset manager reported distributable earnings of $569m, or 35 cents a...
Blackstone is in talks with multiple private equity funds to sell a significant minority stake in IBS Software after its plans for a foreign listing failed to materialize, two people familiar with the development said. Unnamed Mint sources say the private equity major... 