BlackRock Real Assets, an affiliate of the world’s largest asset manager, said Thursday it has acquired a 100-percent stake in IGIS Private Equity, which has been rebranded as the Korea Renewable Energy Development & Operation (KREDO) Holdings. This is...
Hellman & Friedman has raised one of the biggest-ever pools of private equity capital, after investors committed $24.4bn to its latest flagship fund. The U.S. buyout firm pledged $1.8bn to Hellman & Friedman Capital Partners X, which was “significantly”...
More than two decades of overseas takeovers, many of them by predatory, private equity firms, has hollowed out the UK’s command and control of its own economy. Decisions about great swathes of industrial infrastructure from ports, airports and power production...
Covanta Holding Corporation is to be taken private by Sweden-based investment firm EQT, with the U.S. waste management firm valued at $5.3bn including debt. The deal, to be completed by EQT Infrastructure Fund V, is expected to aid Covanta’s expansion, including...
American International Group Inc said on Wednesday it would sell a 9.9% stake in its life and retirement business to Blackstone Group in a $2.2bn all-cash deal, sending the insurer’s shares more than 6% higher aftermarket. AIG had been fielding inquiries from...