BPP sold to private equity house TDR Capital

BPP sold to private equity house TDR Capital

BPP has been sold to private equity house TDR Capital, in what is the educational provider’s first change in ownership since 2009. BPP, which provides legal education and training, as well as courses in accountancy and finance, had been owned by Vanta Education,...
Calpers Steps Back From Four Pillars Strategy

Calpers Steps Back From Four Pillars Strategy

The pension system is focusing more money and attention on co-investment deals and separately managed accounts. The nation’s largest public pension system seems to be stepping back from an ambitious overhaul of its private-equity strategy outlined several years ago,...
Lumentum raises takeover offer for Coherent to $6.9 Bn

Lumentum raises takeover offer for Coherent to $6.9 Bn

Coherent said on Wednesday optical fiber firm Lumentum Holdings had raised its offer for the company to $6.9 billion following a three-way takeover battle for the laser firm. Under its new bid, Coherent shareholders will receive $220 in cash and 0.61 Lumentum shares...