High-net-worth investors (HNWIs) are allocating more to alternative assets such as private equity and private debt, as they diversify away from quoted markets in search of higher returns. Connection Capital’s private client Alternatives Investment Survey has revealed...
Carlyle Group’s fast-growing wealth management platform in the UK has struck its fourth deal in less than two months as it seeks a consolidation play in the country’s fragmented market for financial planning. The private equity firm’s Hurst Point Group will buy Metis...
European buyout house BC Partners is said to be close to reaching a deal to buy Italian paper manufacturer Fedrigoni from Bain Capital at a valuation of €3bn. BC Partners is going to reinvest in the company through its latest fund, Reuters reported. Next year 350+...
Abu Dhabi Investment Authority has agreed to invest in TMF Group, the corporate-trust services provider owned by CVC Capital Partners that had been exploring an initial public offering. The Middle East sovereign wealth fund will take a significant minority stake in...
Australian renewable energy developer Genex Power has received an unsolicited $220m takeover offer from two private equity firms, led by Atlassian co-founder Scott Farquhar. The offer of 23 Australian cents a share was pitched at a 70% premium to Genex’s close... 