Midmarket-focused Nautic Partners aims to raise $2.5bn for its 10th buyout fund, according to a public document from Rhode Island’s public pension system. If the Providence, R.I.-based firm hits its target, Nautic Partners X LP would be about 60% larger than its...
At Private Equity Insights we have gathered this week’s biggest news in the private equity and venture capital markets. 1. KKR Raises $2.2 Billion Fund for European Real Estate Deals KKR, a leading global investment firm, today announced the final closing of KKR Real...
KKR has committed to $8bn in commercial-property loans so far in 2021, more than double its previous full-year record, as the pandemic reopening stokes demand for financing. “The market is just roaring back from a volume perspective,” Matt Salem,...
Altria Group said on Friday it would sell its Ste. Michelle Wine Estates business to private equity firm Sycamore Partners for $1.2bn, as the tobacco giant looks to focus its business on cigarette alternatives for smokers. The Marlboro maker’s shares rose 3% in...
Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group Corp, said on Friday private equity firms Temasek and Warburg Pincus are investing $500 million in the startup ahead of its planned initial public offering (IPO). Ola did not give details on its IPO plans,...