by Sebastian | Jun 1, 2021 | News
A consortium led by private-equity firm KKR and investment firm TIGA Investments will buy office space provider The Executive Centre (TEC), the companies said in a statement on Tuesday. “As part of the transaction, funds advised by HPEF Capital Partners and CVC...
by Sebastian | Jun 1, 2021 | News
Luminate Capital Partners has closed Luminate Capital Partners III, LP with $1 billion of committed capital from a broad group of global institutional investors. The oversubscribed fund closed at its hard cap and above its $700 million target, bringing the firm’s...
by Sebastian | Jun 1, 2021 | News
Private equity firms have spent nearly $40bn buying U.S. insurance companies in recent years, promising to earn higher returns on the mountains of money that insurers set aside to pay policyholders years or decades from now. The firms are moving some of the money out...
by Sebastian | Jun 1, 2021 | News
Private equity firms KKR and Clayton Dubilier & Rice LLC are close to a deal to acquire big-data specialist Cloudera, according to a report today from The Wall Street Journal. The Journal, quoting people familiar with the matter, says that the deal could be...
by Sebastian | Jun 1, 2021 | News
The Swedish fund EQT has offered $2.2bn to buy Telefonica’s submarine cable business, Spanish website El Confidencial reported on Tuesday, citing unidentified sources close to the operation. The Scandinavian private equity firm made a preliminary offer for the...
