Vodafone has agreed to sell a chunk of it masts company Vantage Towers to Global Infrastructure Partners (GIP) and KKR, creating a joint venture that will release proceeds of at least 3.2bn euros to cut the telecoms operator’s debt. A consortium led by the two...
Investcorp, an alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, has bought a majority stake in US-based fresh produce distributor Sunrise Produce. Investcorp will enter into partnership with Sunrise to further boost the...
The Webster family, owners of asset management firm the Seventy Ninth Group, has launched a £100m Seventy Ninth Private Equity Fund. The Seventy Ninth Private Equity Fund, which is an Experienced Investor Fund (EIF), specialises in the purchase and redevelopment of...
The National Basketball Association (NBA) has created a new private equity division as it seeks to expand its role as a strategic investor in sport startups. Bloomberg says the league is keen to move away from passive, opportunistic investments in favour of a more...
US private equity major KKR said on Thursday that it has signed agreements to invest $400m in decarbonisation platform Serentica Renewables, a group company of Anil Agarwal, which plans to provide clean energy solutions. Serentica Renewables is wholly-owned by... 