Veritas Capital, a technology and government investment firm, has held the final close of its latest flagship fund, Veritas Capital Fund VIII (Fund VIII) with $10.65bn of aggregate committed capital. Fund VIII was significantly oversubscribed, with demand exceeding...
New York-based investment company KKR has acquired 30% of the shares of Norwegian telecommunications company Telenor. The agreed sales price represents an enterprise value for the Norwegian fibre business of £3bn. KKR, which was advised on the deal by a team from...
Ares Management has held the final closing of its Ares U.S. Real Estate Fund X. It was oversubscribed with $1.8bn of commitments relative to its $1.5bn target and is more than 75% larger than its predecessor fund, which closed at $1.04bn in November 2018. “With the...
Resolution Life and Blackstone announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business. Resolution Life and Blackstone, one of the companies you could have met at the...
Sunstone Partners, a growth-oriented private equity firm, announced the final institutional close of its oversubscribed $925m third fund, Sunstone Partners III, at its hard cap. Fund III, which more than doubles the total committed capital managed by Sunstone... 