Sustainable push sends Candriam assets to €150bn

Sustainable push sends Candriam assets to €150bn

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 Charges Ahead With Plans to Reach $500bn in AUM

Ares Charges Ahead With Plans to Reach $500bn in AUM

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...
Leonard Green-Backed PureGym Weighs IPO

Leonard Green-Backed PureGym Weighs IPO

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...
Carlyle to raise $1bn debt to acquire Hexaware

Carlyle to raise $1bn debt to acquire Hexaware

Carlyle has emerged as the preferred bidder for IT services firm Hexaware for a $3bn acquisition. The Carlyle Group has reached an agreement with a group of banks to raise over $1bn to support its planned acquisition of Mumbai-based Hexaware Technologies, three people...