by Sebastian | Aug 19, 2021 | News
Prudential Financial has made a $200m commitment through the Prudential DEI Portfolio to private equity investments constructed with a diversity, equity and inclusion lens. Investments will focus on limited partner stakes with substantial ownership and/or management...
by Sebastian | Aug 19, 2021 | News
American tobacco giant Philip Morris International has snapped up a 22.6% stake in Vectura as it closes in on a controversial £1.1bn takeover. The cigarette maker has hired investment banking giant BofA Securities to offer 165p a share to any shareholders outside the...
by Sebastian | Aug 19, 2021 | News
Hopper has completed a $175m financing led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice as the company emerges from the pandemic stronger than ever. As the travel industry continues to rebound, Hopper has...
by Sebastian | Aug 19, 2021 | News, SEAPEC
Emcure Pharmaceuticals has filed draft papers with the market regulator for an initial public offering. The offering will consist of a fresh issue of shares worth $147m and a sale of 18.2m shares by existing shareholders, including U.S. private equity firm Bain...
by Sebastian | Aug 19, 2021 | BPEC, News
Goldman Sachs’ asset management unit has agreed to buy Dutch insurer NN Group’s investment management arm for about €1.6bn, marking the Wall Street bank’s largest acquisition since David Solomon became chief executive in 2018. The deal for NN Investment Partners,...
by Sebastian | Aug 18, 2021 | News
A Swiss buyout firm, Partners Group, is in talks to sell a content outsourcing company, Straive, to Baring Private Equity for $1bn. The parties are finalizing the details of a transaction to buy Straive, formerly known as SPi Global, for about $1bn, the people said....