by Sebastian | Nov 21, 2020 | News
Five global private equity firms have come together to launch the One Planet Private Equity Funds (OPPEF) initiative, in a bid to accelerate the fight against climate change and meet the goals of the Paris Agreement. The firms aim to “advance the understanding of...
by Sebastian | Nov 21, 2020 | News
Private equity is flush with even more cash waiting to be invested than before the pandemic shut down large swaths of the economy. Buyout funds had $853 billion in dry powder as of the third quarter, with more than half of that in the industry’s largest funds,...
by Sebastian | Nov 21, 2020 | News
Apollo Global Management, Carlyle Group, KKR & Co and Bain Capital are among potential bidders for Japan’s Hitachi Metals, people with knowledge of the matter said, a deal that could fetch more than $6.4 billion. Reuters previously reported that parent...
by Sebastian | Nov 20, 2020 | News
London-based Apax Partners has pocketed a return multiple of over four times (4.2x) on the sale of its majority stake in Texas-headquartered software company ECI Software Solutions to Leonard Green & Partners. The exit has also generated an internal rate of return...
by Sebastian | Nov 20, 2020 | Nasdaq, News
Nasdaq Inc. will buy Verafin, a software company that uses artificial intelligence to help banks detect money laundering and fraud, for $2.75 billion, the companies said Thursday. If completed, the Verafin acquisition would be New York-based Nasdaq’s largest...
