Blackstone Group Inc. agreed to buy a life business from Allstate Corp. for $2.8 billion as the private equity firm expands its foothold in the insurance industry. Entities managed by Blackstone will purchase Allstate Life Insurance Co., the insurer said Tuesday in a...
European private equity house Oakley Capital has stormed past its target for its first lower mid-market fundraise, hitting about €455m after just six months in the market. The firm had been hoping to collect €350m for the Oakley Capital Origin Fund, which will target...
Packaging maker Sonoco Products Co. is among bidders for Crown Holdings Inc.’s cans unit, which is expected to fetch more than $2 billion, according to people familiar with the matter. Other suitors include private equity firms KPS Capital Partners, Lone Star Funds,...
Companies have raised $400bn in funds in the primary three weeks of 2021 because the torrent of presidency and central financial institution stimulus to rescue international economies cascades throughout capital markets. The international bond and fairness fundraising...
Private equity real estate specialist ElmTree is pairing with the asset manager to find investments in the so-called last mile of e-commerce transactions. Real estate private equity manager ElmTree Funds is partnering with investment firm Guggenheim Investments to buy...
