Australia’s Macquarie Group said on Thursday it would buy U.S. wealth manager Waddell & Reed Financial Inc for $1.7 billion, its first major deal under a new CEO that expands its presence in the world’s largest retail finance market. The purchase, one of the...
Dyal Capital Partners is in talks to merge with Owl Rock Capital Partners LP, part of a complicated deal with a special-purpose acquisition company that would value the fast-growing asset managers at about $13 billion combined and take them public, according to people...
Investment firm Insight Partners has acquired a majority stake in CommerceHub in a deal valuing it at $1.9 billion, according to the e-commerce company. Insight bought part of the stakes in CommerceHub that were owned by private equity firms GTCR and Sycamore...
London-based firm Keyhaven Capital Partners is seeking €500m for its Keyhaven Secondaries Fund III and a related feeder fund, according to a regulatory filing. The secondaries private equity firm focuses on the European lower mid-market and considers structured...
Fairfax Financial Holdings Ltd said on Wednesday it would sell its interests in run-off insurance services provider RiverStone Europe to private equity firm CVC Capital Partners for about $750 million. The company could also receive an additional $235.7 million after...
