Brookfield aims to raise $100B for new flagship funds

Brookfield aims to raise $100B for new flagship funds

Brookfield Asset Management said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures. The Toronto-based alternative asset manager sold $13 billion of assets during...
PE-backed Commodities Broker Marex Eyes $703m London IPO

PE-backed Commodities Broker Marex Eyes $703m London IPO

PE-backed commodities broker Marex announced on Friday it was considering a flotation in London that a source estimated could value the company at $703m. The move comes amid a boom in commodities markets and after the private equity owners of Marex spent several years...