by Sebastian | Oct 28, 2021 | News
T. Rowe Price is buying alternative credit manager Oak Hill Advisor for a total consideration of $7.5bn, to be paid mostly in cash, as demand for alternative credit strategies among institutional investors gathers pace. The $1.61trn investment manager will acquire...
by Sebastian | Oct 28, 2021 | News
Nautic Partners, a leading middle-market private equity firm focused on investments in the Healthcare, Industrials, and Services sectors, announced it has successfully completed the final closing of Nautic Partners X. Representing the tenth private equity fund in the...
by Sebastian | Oct 28, 2021 | News
Border to Coast, one of the UK’s eight local authority pension asset pools, is set to launch a €1.5bn listed alternatives fund for investment by the 11 local government pension schemes it serves, it announced today. It said the fund would hold listed securities that...
by Sebastian | Oct 28, 2021 | News
Partners Group has agreed to buy a stake in Swiss watchmaker Breitling SA from CVC Capital Partners. The investment firm now owns a sizable minority stake and will be aiding CVC in growing Breitling. The news was reported by Reuters. The financial terms of the deal...
by Sebastian | Oct 28, 2021 | News
Task management software company ClickUp said on Wednesday it was valued at $4bn after a $400m funding round that was co-led by venture capital firm Andreessen Horowitz and technology investment firm Tiger Global Management. The Series C round, which brings the total...
by Sebastian | Oct 28, 2021 | News
Scientific Games Corp said on Wednesday it would sell its global lottery business to Canadian investment company Brookfield for $6.05bn, in a move that will help it cut debt and pivot to a gaming and digital content provider. The Las Vegas-based slot machine maker has...