The Washington State Investment Board has given its stamp of approval to a new financial services-focused fund being raised by Warburg Pincus LLC. Warburg is targeting $2.5bn for the new fund, Warburg Pincus Financial Sector II LP, the State Investment Board disclosed...
TPG is raising a $5 billion climate-related fund to invest in companies that have a positive impact on the environment by reducing carbon emissions, according to a public document from the Washington State Investment Board. The Washington public pension investor...
Private equity firm CVC Capital Partners has invested £250 million in UK holiday park operator Away Resorts to secure a majority stake in the business. According to sources close to the transaction, the investment is close to four times the amount invested by buyout...
An affiliate of funds advised by SK Capital Partners is to sell Niacet Corp to Kerry Group plc, the global taste and nutrition company, for $1,015m on a cash-free, debt-free basis, subject to customary closing adjustments. Following the acquisition, Niacet will be...
US private equity firm KKR said it has invested $625 million in Vini Cosmetics group to acquire a controlling stake in the company that makes Fogg brand of deodorants and other consumer brands. KKR has invested $625 million to acquire the stake in the group that is...