Blackstone doubles second quarter earnings on surging asset sales

Blackstone doubles second quarter earnings on surging asset sales

Blackstone said its second quarter distributable earnings nearly doubled year on year driven by a surge in asset sales across its real estate, private equity, credit and insurance businesses. Distributable earnings, which represents the cash used to pay dividends to...
Bain Capital, Carlyle and KKR vie for $2.5bn Hexaware deal

Bain Capital, Carlyle and KKR vie for $2.5bn Hexaware deal

 Baring Private Equity Asia has shortlisted bidders including Bain Capital and French company Teleperformance SE for its India portfolio firm Hexaware Technologies in a deal that could fetch nearly $3bn. Also in the race are private equity firms KKR and The Carlyle...
Five Elms Closes $780m Growth Equity Fund V

Five Elms Closes $780m Growth Equity Fund V

Five Elms Capital, a leading global growth private equity firm 100% focused on investing in world class B2B software, today announced the closing of Five Elms V with $780m in capital commitments. Five Elms V will target equity investments between $5m and $75m. The new...
KKR to acquire Teaching Strategies

KKR to acquire Teaching Strategies

KKR is to acquire Teaching Strategies, a provider of curriculum, assessment and family engagement tools to the early childhood education market, from global growth investor Summit Partners. Financial details of the transaction have not been disclosed. Teaching...