Buyout firm KKR & Co Inc is seeking to raise $12 billion for its flagship global fund that will invest in infrastructure assets such as oil and gas pipelines and renewable energy projects, according to people familiar with the matter. The fundraising comes as...
U.S. private equity firm Blackstone in 2016 unplugged a Texas power plant that it owned from the state’s grid in a bet that it could make a fortune as the only American-based generator selling electricity exclusively to Mexico. Nearly five years later, Blackstone’s...
Infrastructure engineering software maker Bentley Systems Inc said on Thursday it had agreed to buy privately held geological and geophysical modeling software developer Seequent for about $1.05 billion. Bentley, which makes software for the design and construction of...
Spanish telecom operator MasMovil has started talks over a possible merger with the Spanish unit of U.K.-based telecom operator Vodafone, newspaper Expansion reported, citing sources with knowledge of the process. MasMovil, which was taken over by three buyout funds...
PAI Partners has closed its inaugural PAI Mid-Market Fund with a total of circa EUR920 million of commitments. The Fund was raised entirely virtually and is above its €700 million target and original EUR800 million hard cap, which was increased following significant...
