Brookfield Asset Management’s reinsurance unit agreed to take insurer Argo Group International private in a $1.1bn deal, as the Canadian firm looks to expand its footprint in the U.S. property and casualty insurance market. The unit, Brookfield Reinsurance, ,...
Warburg Pincus is moving closer to buying a stake in Zhong Ou Asset Management Co from Intesa Sanpaolo according to exchange filings and a source, underscoring the U.S. private equity giant’s unabated interest in China’s $3.8 trillion mutual fund industry. Italian...
Summit Partners, a global alternative investment firm, today announced the first and final closing of its newest Europe growth equity fund. Summit Partners Europe Growth Equity Fund IV closed at its hard cap with €1.4bn in total commitments. Launched in October 2022,...
Bluestone Equity Partners, a private equity firm, today announced the successful closing of Bluestone Capital I, L.P., its inaugural $300m growth equity fund focused on the global sports, media & entertainment industry. Led by Founder & Managing Partner Bobby...
Sumo Logic agreed to be acquired by investment firm Francisco Partners in a deal that values the big data firm at about $1.7bn. Shareholders in Sumo Logic, which went public in 2020, will receive $12.05 per share in cash, representing a premium of about 57% to the... 