by Sebastian | May 10, 2021 | News
Paris-based small and medium-sized enterprise-focused private equity firm CAPZA has announced the final close of its CAPZA 5 Flex Equity fund at around $852m. This number doubles the size of the firms’ previous fund at roughly $428m. Since 2004 CAPZA Flex Equity has...
by Sebastian | May 10, 2021 | News
Swedish engineering group Alfa Laval has agreed to buy StormGeo, which provides weather-centric services, from EQT for $442.9m, it said on Monday. StormGeo, which had sales of about $86m last year and was founded as a spin-off from Norwegian broadcaster TV2, will...
by Sebastian | May 9, 2021 | News
Apollo Global Management reported a first-quarter profit Tuesday as the value of its investments soared. The New York firm posted net income of $678.9 million, or $2.81 a share. That compares with a loss of $996.2 million, or $4.47 a share, a year earlier when...
by Sebastian | May 9, 2021 | News
Ares Management joined the $200 billion club after the strongest fundraising year in its history, led by the largest European direct-lending fund ever raised. The Los Angeles firm’s assets under management stood at $207.2 billion at the end of the first quarter, an...
by Sebastian | May 9, 2021 | News
US private equity firm Blackstone has offered more than $12 a share for Australian casinos group Crown Resorts. Six weeks after Blackstone put Crown in play with an $11.85 a share indicative offer, it is understood Blackstone returned with a revised proposal in an...