Warburg Pincus LCC is investing $350m to set up a Southeast Asian digital general insurance platform called Oona Insurance, marking the U.S-based private equity firm’s largest investment in the insurance sector in Asia. Warburg Pincus is partnering with Abhishek...
BlackRock has introduced an ESG version of its hugely successful Global Allocation Fund (GAF) in Europe. The new Sustainable Global Allocation UCITS offering will give conscientious investors access to a sustainability-focused variant of the American giant’s $15...
EQT in early 2021 paid $4.6bn to buy Cincinnati-based school bus operator First Student and municipal bus operator First Transit from London-listed FirstGroup. Now it’s seeking to sell off the municipal business while retaining the school business, as first...
Indonesia’s largest tech company GoTo Group is in talks with its major owners for a controlled sale of roughly $1bn of their stakes, aiming to avoid a potential stock crash when a lock-up on their holdings ends next month. The ride-hailing and e-commerce provider is...
Top-flight football in the UK and Europe is attracting numerous US investors and private equity firms who see huge profit potential. But the new financiers are not welcome everywhere. In the past, owners of football teams often had a penchant for romanticism and... 