by Sebastian | Jun 21, 2021 | News
The Washington State Investment Board has given its stamp of approval to a new financial services-focused fund being raised by Warburg Pincus LLC. Warburg is targeting $2.5bn for the new fund, Warburg Pincus Financial Sector II LP, the State Investment Board disclosed...
by Sebastian | Jun 21, 2021 | News
TPG is raising a $5 billion climate-related fund to invest in companies that have a positive impact on the environment by reducing carbon emissions, according to a public document from the Washington State Investment Board. The Washington public pension investor...
by Sebastian | Jun 21, 2021 | News
Private equity firm CVC Capital Partners has invested £250 million in UK holiday park operator Away Resorts to secure a majority stake in the business. According to sources close to the transaction, the investment is close to four times the amount invested by buyout...
by Sebastian | Jun 21, 2021 | News
An affiliate of funds advised by SK Capital Partners is to sell Niacet Corp to Kerry Group plc, the global taste and nutrition company, for $1,015m on a cash-free, debt-free basis, subject to customary closing adjustments. Following the acquisition, Niacet will be...
by Sebastian | Jun 21, 2021 | News
US private equity firm KKR said it has invested $625 million in Vini Cosmetics group to acquire a controlling stake in the company that makes Fogg brand of deodorants and other consumer brands. KKR has invested $625 million to acquire the stake in the group that is...
by Sebastian | Jun 20, 2021 | News
Bill Ackman’s Pershing Square Tontine Holdings have reached an agreement with Vivendi, controlled by French billionaire Vincent Bollore, to sign a deal to acquire 10% of Universal Music Group (UMG). “After the 20% equity stake acquired by the Consortium led by...
