Carlyle to increase its stake in Swiss refiner Varo Energy

Carlyle to increase its stake in Swiss refiner Varo Energy

Private equity company Carlyle Group will increase its stake in Varo Energy by buying out one of two other partners in the Swiss refining firm, the companies said. Carlyle is part owner of Varo with Dutch investment firm Reggeborgh and energy trader Vitol. Varo said...
Arcline Raises $2.75 Billion for Second Fund

Arcline Raises $2.75 Billion for Second Fund

Arcline Investment Management LP, a growth-oriented private equity firm, today announced the closing of its second fund, Arcline Capital Partners II LP, with aggregate capital commitments of $2.75 billion. Fund II comes approximately two years after Arcline closed on...
CCC to go public with valuation of $7B, bring in $968M net

CCC to go public with valuation of $7B, bring in $968M net

CCC announced Wednesday its existing owners and a Dragoneer Investment Group spinoff have agreed to a merger and subsequent listing of shares on the New York Stock Exchange. The plan to go public estimates CCC has an enterprise value of $7 billion and retains all of...
Asian Buyout Firm TR Capital Raises $350 Million for Fourth Fund

Asian Buyout Firm TR Capital Raises $350 Million for Fourth Fund

Asian secondary private equity firm TR Capital has raised $350 million for its fourth fund amid increasing investment opportunities in the region, particularly in China. The TR Capital Fund IV was significantly oversubscribed and has attracted sovereign and pension...
London Stock Exchange sets sights on $10bn-plus bridge takeout

London Stock Exchange sets sights on $10bn-plus bridge takeout

London Stock Exchange Group could turn to the bond market before April to take out large chunks of the bridge loan it used to buy data and analytics company Refinitiv, according to people familiar with the matter. The US$27bn acquisition was completed last week and...