Apax Partners is weighing a sale of Candela Medical in a deal that could value the aesthetic device maker at more than $1bn, people with knowledge of the matter said. The private equity firm is sounding out potential suitors, including other buyout firms, the people...
The California Public Employees’ Retirement System sold about $6bn of its stakes in private equity funds to second-hand buyers, severing ties with a slew of past managers and freeing up cash for new wagers. The $440bn public pension fund, the largest in the US, has...
Private equity firm Clayton Dubilier & Rice is buying $464m of the riskiest part of the debt for its own buyout of Cornerstone Building Brands, limiting potential losses for the banks that agreed to fund the deal. CD&R is purchasing the so-called...
Border to Coast Pensions Partnership, Leeds, England, made $1.8bn in commitments to infrastructure, private credit and private equity funds and co-investment opportunities run by 11 money managers. The commitments by the pool, which is made up of 11 U.K. local...
UK private equity investor Pelican Capital is celebrating a roughly 6.5x return through the exit of parking technology provider YourParkingSpace. The sale to trade buyer Flowbird Group comes two years after Pelican invested in the UK business. Pelican invested £5m in... 