KKR & Co. is preparing to raise another European buyout fund just a year after its last one, having comfortably outspent rivals during the coronavirus pandemic, according to people familiar with the matter. The U.S. private equity firm is in the early stages of...
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...
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,...
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...
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...
