by Sebastian | Dec 12, 2019 | FPEC, GPEC, News
French private equity group Ardian has become the new anchor shareholder of German EWE, the regional utility said on Friday, in a deal sources said was worth up to 1.4 billion euros ($1.5 billion). Ardian, through its infrastructure arm, is buying a 26% stake in EWE...
by Sebastian | Dec 12, 2019 | News
Private equity needs places to put its money, but getting in bed with FIFA for an extended Club World Cup might make more enemies than friends. Soccer’s global body FIFA is looking for money and commercial acumen. The private equity industry thinks it might be a...
by Sebastian | Dec 12, 2019 | News
Cheap funds that tracked the US stock market over the past decade outperformed the 60 leading US university endowments, a group of sophisticated institutions that have championed more costly alternative strategies as a way to enhance returns. Many US universities...
by Sebastian | Dec 12, 2019 | News
Blackstone Group (BX.N) said on Friday it is waiting for Japanese hotel operator Unizo Holdings (3258.T) to respond to its $1.6 billion takeover proposal. Blackstone in October emerged as a bidder for Unizo and told the hotel chain it would launch a tender offer or...
by Sebastian | Dec 12, 2019 | News
As the end of the year approaches, institutional investors in private markets are wrapping up work on the last few funds we need to invest in to hit our targeted annual commitment levels. You see, private equity is sort of like a treadmill. Money is always going out...