Brookfield Asset Management Inc. has agreed to buy Hibernia REIT. in a deal valuing the Irish company at about $1.2bn. Benedict Real Estate Bidco Ltd., a subsidiary of one of Brookfield’s real estate private funds, will pay 1.634 euros a share in cash, according to a...
Private equity fund CVC Capital has acquired a 13% stake worth €1.5bn in Ligue 1’s media rights business, French soccer’s governing body (LFP) said on Thursday. LFP said last week it had entered into exclusive negotiations with CVC to sell a minority stake in a newly...
On Tuesday, two mid-market PE firms announced above-target final closes for their inaugural funds, reflecting institutional investors’ willingness to roll out the welcome mat for well-resourced debut fund managers. However, the funds’ ability to beat...
The of upper limit of Motive Partners’ latest fund has been increased to US2 billion ahead of its expected closing in the next few weeks, according to a report by the Wall Street Journal. Investors agreed to the change by the New York-based firm, which is partly...
Growth equity investment firm FTV Capital has closed its largest-ever fund on $2.3bn, with an almost 100% reup rate from LPs. FTV VII will make control and significant minority equity investments ranging from $30m to $200m. Brad Bernstein, managing partner at FTV... 