Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance brokerage at $23 billion. The company has benefited from a jump in global commercial insurance...
Countryside Properties (CSP) shares have surged 27% in opening trade on talk of a 295p per share offer, which values the British developer at £1.5bn. This offer is set to come from private equity company Inclusive Capital Partners (In-Cap), which has said it is...
Blackstone Inc. is testing a new way to bring in cash from rich Europeans. If it succeeds, the private equity powerhouse stands to draw billions to the fast-growing and risky world of private credit. Regulators last week approved Blackstone’s application to start a...
Trustar Capital, formerly known as CITIC Capital Partners, is said to be eyeing $3.5bn for its fifth China buyout fund. If successful, it will add another 25% to the already massive $2.8bn predecessor fund IV. The firm is also looking to raise $250m for a debut growth...
The £1.49bn acquisition of a direct investment platform with £55bn of assets under administration (AUA) and more than 400,000 customers has completed. Interactive investor (II) has been snapped up abrdn after it received the regulatory consents and shareholders... 