Cyber security firm McAfee on Monday said a consortium led by private equity firms Advent International and Permira would take it private in a deal worth $14bn. The investor group will buy all outstanding McAfee shares for $26 each in an all-cash deal that values...
Growth investment major General Atlantic has held a $7.8bn final close for its sixth flagship fund, beating its $5bn target. The firm now has $23.8bn in committed capital and more than $78bn in assets under management. Bill Ford, chairman and CEO of General Atlantic,...
Goldman is set to plow at least $30 billion into Asian alternative assets over the next five years after revamping its operations and starting an aggressive campaign to raise outside funds in a bid to overtake investment giants such as KKR & Co. and Blackstone....
A company backed by Blackstone Group and led by former Walt Disney executives Kevin Mayer and Tom Staggs is nearing a deal to buy Moonbug Entertainment for roughly $3bn, three people familiar with the matter said. The deal for the media house behind children’s...
Franklin Templeton agreed on Monday to buy investment firm Lexington Partners, which is known for acquiring secondary stakes in private equity funds, for $1.75bn in cash. Several investment firms have purchased secondaries businesses in recent months to tap into the...