UK private equity deal activity bounced back in the second half of 2020, although a profound slump in transactions in Q2 as lockdown gripped the M&A market meant that total annual deal volumes hit their lowest levels in more than seven years. KPMG’s latest study...
KKR completes its previously announced acquisition of Global Atlantic Financial, one of the U.S.’s largest fixed rate and fixed annuity providers, in a transaction that’s expected to add around $90B to KKR’s assets under management. KKR acquired ~60%...
Neuberger Berman, a private, independent, employee-owned investment manager, announced that it has become a signatory to the Institutional Limited Partners Association’s (ILPA) Diversity in Action Initiative. The Diversity in Action Initiative seeks to promote...
Dr Martens will make its stock market debut at 370p a share, giving it a valuation of £3.7bn at the top end of its range after keen investor demand for the famous boot brand meant the offer was eight times oversubscribed. As part of the flotation, the company’s...
Sequoia Capital and Singapore sovereign fund GIC Pte are among investors that agreed to buy a stake in clinical research and testing provider Novotech Pty from TPG, people with knowledge of the matter said. Kaiser Foundation Hospitals also plans to invest in Novotech,...