by Sebastian | Jul 18, 2021 | News
L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. The deal values Etro at about $590m, the sources said, confirming reports in...
by Sebastian | Jul 18, 2021 | News
PGIM Private Capital provided nearly $6.5bn of senior debt and junior capital to more than 100 middle-market companies and projects globally in the first half of 2021, marking the second largest first-half origination volume over the past decade, as markets across the...
by Sebastian | Jul 18, 2021 | News
McLaren Group Ltd. obtained $760 million in funding from investors including Saudi Arabia’s sovereign wealth fund as the supercar maker and racing team owner tries to recover from the impact of the coronavirus pandemic. Funds managed by Ares Management Corp. and Saudi...
by Sebastian | Jul 16, 2021 | News
SoftBank’s Vision Fund has invested $1.7bn in Yanolja, the South Korean travel and leisure firm said on Thursday, as it seeks to build on rapid pandemic-induced growth in Southeast Asia, India and Africa. Yanolja, which provides cloud-based booking and other systems...
by Sebastian | Jul 15, 2021 | News
Growth-investor Aldrich Capital Partners’ second fund could raise up to $450m amid strong investor demand, according to Mark Evans, principal investment officer at the Connecticut Retirement Plans and Trust Funds. Aldrich Capital Partners Fund II LP has a target of...