Buyout Firm Permira Considers $2 Billion Tricor Sale

Buyout Firm Permira Considers $2 Billion Tricor Sale

Private equity firm Permira is considering a sale of Tricor Group in a deal that could value the business and investor services provider at about $2 billion, according to people familiar with the matter. Permira is in the early stages of evaluating a potential sale of...
New State Capital Partners Fund III Closes At $450 Million

New State Capital Partners Fund III Closes At $450 Million

New State Capital Partners today announced that the firm has closed its third institutional investment fund, New State Capital Partners Fund III with $450 million in committed capital. The Fund was over-subscribed and closed on schedule at its hard cap in about four...
KKR to list Australian majority-owned pub group seeking $271 mln

KKR to list Australian majority-owned pub group seeking $271 mln

Private-equity firm KKR is seeking to raise $271.36 million in the initial public offering of its majority-owned pub group Australia Venue, according to a memo seen by Reuters. The raising will be in exchange for a minority stake in one of Australia’s largest...
Investors flock to life sciences as UK sector breaks funding record

Investors flock to life sciences as UK sector breaks funding record

UK drugmakers, diagnostics, medical equipment and other life sciences companies have raised £10.6bn from private funding rounds and stock market flotations in the first three months of the year, more than half of last year’s record total, according to a report. Last...