PE-backed Legend Corp eyes $30b power pipeline in buyout

PE-backed Legend Corp eyes $30b power pipeline in buyout

The private equity-owned Legend Corp has acquired a business supplying high-voltage equipment to energy utilities as it positions for growth in a sector where up to $30 billion in spending is projected around Australia as the energy grid transforms. Legend Corp, which...
Eurazeo sets up $361m green maritime fund

Eurazeo sets up $361m green maritime fund

Paris-based private equity investor Eurazeo is launching a sustainable maritime infrastructure thematic fund, which will finance more environmentally friendly infrastructures and technologies in the maritime sector. The fund will mainly finance three types of...
EQT IX holds final close at $18.7 billion – reaching hard cap

EQT IX holds final close at $18.7 billion – reaching hard cap

EQT is pleased to announce that EQT IX has held its final close at $18.7 billion in fee-generating assets under management, marking EQT’s first key fund closing since EQT AB’s public listing in 2019. EQT IX was launched in January 2020, made its first...
KKR seeks bids for stake in German defence supplier Hensoldt

KKR seeks bids for stake in German defence supplier Hensoldt

Buyout group KKR is soliciting bids for a large stake in Hensoldt as it looks to exit the German defence supplier following the company’s 2020 stock market listing, people close to the matter said. The private equity firm, which still owns 43% in Hensoldt, earlier...