Firms are preparing for a potential economic downturn, devoting more capital to existing investments and locking in new funds, a BDO USA survey shows Private equity firms may not know exactly when the next downturn will hit, but many are taking steps to make...
Apollo Global Management Inc. has offered to buy Tenneco Inc.’s powertrain business for $4.3 billion, according to people familiar with the matter. The private equity firm’s bid, described by people who asked not to be identified because the matter isn’t public,...
The private equity firm’s ninth flagship vehicle would exceed its $2.2bn predecessor Kohlberg & Co. is seeking to raise the largest buyout fund in its 32-year history, according to a public pension document. The vehicle, Kohlberg Investors IX LP, has a...
The technology-focused buyout group Thoma Bravo shows that sector specialism pays off Thoma Bravo has once again shown that sector specialism pays off, as the technology-focused buyout group outperformed its rivals for the third year in a row, according to a...
Danish serial entrepreneurs Mads Faurholt and Stefan Bruun have sold their stake in the comparison platform CompareAsiaGroup through their investment company Nova Founders Capital at a price that values the company at more than $200 million. The sale follows just...