Cerberus Capital Management LP played a major role in relieving European banks of bad debt portfolios and underperforming assets in the years following the global financial crisis, and the private equity group’s reported interest in HSBC Holdings PLC’s...
Drawn by a growing investor appetite for alternative strategies and returns, more and more fund managers are entering the market. Today, LPs are looking for more in-depth investment data, better transparency and faster communications from fund managers. Given limited...
Software startup Sprinklr, backed by private-equity firm Hellman & Friedman, said on Monday it was looking to raise as much as $380 million through a U.S. initial public offering (IPO), targeting a valuation of about $5 billion. The company, whose customers...
Crown Resorts said on Tuesday Oaktree Capital Group had offered it $2.39bn to buyback its founder’s holding, in a deal that would give the private-equity giant a 10% stake in Crown. The latest proposal from Oaktree is for a A$2 billion private loan and a A$1.1 billion...
Private equity firms Blackstone and Vista Equity Partners announced that they have agreed to acquire Ellucian, a leading higher education technology solutions provider, from TPG Capital and Leonard Green & Partners, L.P. Financial terms of the transaction were not... 