Blackstone Group Inc has for the first time asked executives in companies controlled by its private equity arm to regularly report on environmental, social and governance (ESG) matters to their boards, according to a letter seen by Reuters. The world’s largest...
L Catterton, the largest global consumer-focused private equity firm, today announced an investment in Social Bella International (“Sociolla”), the leading beauty and personal care e-commerce player in Indonesia. Founded in 2015, Sociolla is...
INTERMIX, an omni-channel shopping destination in the luxury fashion market is to be acquired by Altamont Capital Partners, a private equity firm with more than $2.5bn in capital and over 20 investments, from Gap Inc. Intermix has a unique position in the market, with...
Kajabi, an industry-leading e-commerce platform empowering entrepreneurs in the knowledge economy, today announced it has raised $550m after completing a growth equity financing that values the company at over $2bn. The new investment is led by Tiger Global Management...
Luxury gym operator Equinox Holdings, often used by celebrities and financiers, might end up merging with a special purpose acquisition company backed by investor Chamath Palihapitiya, Bloomberg reported, citing unnamed sources. If the transaction does happen,...