by Sebastian | Sep 11, 2021 | News
Thoma Bravo is a fan of multibillion-dollar private loans to fund buyouts — the kind that bypass Wall Street’s syndicated-lending desks altogether. But it’s not turning its back on banks for good. The private equity firm has tapped a group of lenders led by Bank...
by Sebastian | Sep 11, 2021 | ITPEC, News
Harvard will divest itself from holdings in fossil fuels, the university’s president, Lawrence Bacow, announced late on Thursday. The university has legacy investments in a number of private equity funds with holdings in the fossil fuel industry. Those indirect...
by Sebastian | Sep 11, 2021 | ITPEC, News
The sale of historic insurer LV to private equity has been blasted by MPs amid warnings customers will lose out. The mutual, formerly known as Liverpool Victoria, last year agreed to a £530million takeover by Bain Capital, snubbing an approach from the UK’s...
by Sebastian | Sep 10, 2021 | ITPEC, News
TPG’s growth-equity group has wasted little time investing its fifth fund, after quietly wrapping up fundraising for the vehicle in mid-August with almost $3.56bn. The firm has deployed nearly half of TPG Growth V LP, according to people familiar with the matter. Join...
by Sebastian | Sep 10, 2021 | ITPEC, News
U.S. private equity firm Carlyle is reviving plans to sell Netherlands-based lingerie chain Hunkemoller that were delayed by the pandemic, two people close to the matter told Reuters, in a deal that could top $1.2bn. Hunkemoller, which runs 850 stores around Europe,...
