Y Combinator’s Sam Altman is joining forces with veteran Wall Street dealmaker Michael Klein to launch a blank-check firm that is seeking to raise up to $1 billion, according to a regulatory filing on Monday. Altman, who will also be designated as the co-founder of...
Clayton, Dubilier & Rice (CD&R) has closed its latest flagship fund with $1.2 billion in capital commitments from Latin America investors. The capital committed represents one of the largest fundraises for a buyout manager in Latin America to date. The Latin...
Recent carve-out deals by tech giants such as Hitachi Ltd are just the beginning of potential divestitures of non-core assets by Japanese firms, U.S. buyout firm Carlyle Group’s Japan chief said. The comments come as Carlyle recently successfully exited one of...
Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a more sober estimate after the shelving of its IPO and forced restructuring. The number is...
Wizz Air’s largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, a statement on Tuesday said, raising gross proceeds of around 400 million pounds. Private equity firm Indigo Partners did own 15... 