Mahindra and Mahindra and British International Investment (BII) will each invest up to $250m in the automaker’s new electric vehicle unit at a valuation of $9.1bn, sending the Indian company’s shares soaring on Friday. BII will have a 4.8% ownership in...
A once-in-a-generation consolidation in the wealth management industry has private equity firms and acquirers eyeing the chance to build up their portfolios of businesses with steady cash flows. Founders and other senior executives are weighing retirement at the same...
Sumitomo Mitsui Trust Holdings will invest $1.5bn in funds managed by Apollo Global Management in a partnership ranging from private equity and real estate to infrastructure. The move comes at a time when global private equity firms have been looking to expand in...
Private equity firm KKR is preparing to launch its first two credit funds dedicated to investing based on environmental, social and corporate governance (ESG) principles later this year, according to an internal memo seen by Reuters. The funds, offered to...
Blackstone announced today that funds managed by Blackstone Energy Partners have committed $400m to lead a strategic investment in Xpansiv, the premier market-infrastructure platform for global carbon and environmental commodities. Xpansiv connects buyers and sellers... 