by Sebastian | Nov 24, 2020 | News, UKPEC
Stanhope Capital and FWM Holdings, the investment company that oversees the Forbes’ family fortune, have agreed to merge in a deal that creates one of the world’s largest independent wealth management groups with $24.2bn in assets under management. The tie-up comes...
by Sebastian | Nov 23, 2020 | News, UKPEC
CBPE Capital has announced the final close of its latest fund, CBPE Capital Fund X. The oversubscribed fund surpassed its target of £525m and achieved its hard cap of £561 million in capital commitments. In a statement London-based CBPE said that the successful...
by Sebastian | Nov 23, 2020 | News, UKPEC
The AA’s board has told two private equity groups it would be willing to accept a proposed 35p-a-share offer for the heavily indebted roadside recovery group, it said in a statement on Monday. The group is in last-ditch talks with Warburg Pincus and TowerBrook Capital...
by Sebastian | Nov 21, 2020 | BPEC, DPEC, FPEC, GPEC, IPEC, ITPEC, News, NPCD, PPEC, SPEC, UKPEC
KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of...
by Sebastian | Nov 18, 2020 | News, UKPEC
Croda International Plc agreed to buy Iberchem for 820 million euros ($920 million) as Europe’s largest cosmetic-ingredients maker expands into the hotly contested market of fragrances. The maker of sunblock chemicals and pharmaceutical additives plans to raise 600...
by Sebastian | Nov 17, 2020 | News, UKPEC
The remaining assets of Wirecard’s core European business have been sold off to Spanish lender Banco Santander, following an “intense investor process” during the insolvency proceedings of the collapsed fintech firm. Santander will acquire the assets of Wirecard’s...
