Brookfield has $90bn for deals after big fundraising year

Brookfield has $90bn for deals after big fundraising year

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 looks to sell $1bn stake in IBS Software

Blackstone looks to sell $1bn stake in IBS Software

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...
Toshiba bidder JIP set to win banks’ backing for $10.6bn loan

Toshiba bidder JIP set to win banks’ backing for $10.6bn loan

Top Japanese banks have agreed to issue letters this week committing to a $10.6bn loan to back a Japan Industrial Partners-led consortium’s takeover offer for Toshiba, Bloomberg News reported on Tuesday. Sumitomo Mitsui Financial Group will commit to lending 515...
Kainos Capital Raises Over $1bn for Fund III

Kainos Capital Raises Over $1bn for Fund III

Kainos Capital, a private equity firm focused on the food and consumer products and services sectors, today announced the successful closing of Kainos Capital Partners III with over $1bn in capital commitments, the largest investment vehicle in Kainos’ history....
Carlyle in talks to buy health tech firm Cotiviti for $15bn

Carlyle in talks to buy health tech firm Cotiviti for $15bn

Carlyle is in talks to buy private healthcare technology firm Cotiviti Inc from Veritas Capital for up to $15bn, including debt, a person familiar with the matter said. The private equity firm is looking to partner with another investment firm to pull off the deal,...