European investment manager Candriam said its total assets rose 7.1% to €150bn in the first six months of the year, boosted by net inflows into its environmental, social and governance-focused funds. Demand to invest in ESG-related funds has surged over recent years...
Ares Management has revealed plans of more than doubling their $262bn in assets by 2025. That moonshot guidance was based on robust 2021 fiscal second quarter financial results reported in late July, which the company said was a snippet of what could come. On investor...
The United Kingdom’s largest gym chain, backed by private equity firm Leonard Green & Partners, is considering an IPO as it looks to muscle into the United States. “We’re exploring our options,” a spokeswoman with Leeds-based PureGym Group said. “It’s too early to...
British asset management services provider Sanne agreed to an about $2bn takeover offer from fund servicer Apex Group. The announcement comes days after Apex tabled a 920 pence per share offer for Sanne, trumping London-based private equity firm Cinven’s...
An investment group that includes Abu Dhabi’s sovereign-wealth fund is close to acquiring a minority stake in CityFibre Infrastructure Holdings in a deal that would value the U.K. fiber-optic-broadband provider at more than $2.7 billion. Investment would value...