PE Firms Are Feasting on China’s $5.5 Billion Logistics M&A

PE Firms Are Feasting on China’s $5.5 Billion Logistics M&A

Deals targeting logistics companies in China have delivered the best start to the year on record, generating bumper profits for private equity firms. About $5.5 billion worth of acquisitions of Chinese logistics firms have been announced so far this year, the...
SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

SoftBank-Backed Loggi Valued Near $2 Billion in Funding Round

Brazilian delivery startup Loggi Tecnologia Ltda, which is backed by SoftBank Group Corp. and Microsoft Corp., raised 1.15 billion reais ($205 million) in its latest funding round that now values the company at close to $2 billion. The new round, the company’s largest...
CORE Industrial Partners closes Fund II at $465m

CORE Industrial Partners closes Fund II at $465m

CORE Industrial Partners (CORE), a Chicago-based private equity firm, today announced the successful final and only close of CORE Industrial Partners Fund II (Fund II) with total commitments of $465 million.  Fund II was significantly oversubscribed with demand in...
Private Equity Has $300 Billion for Pandemic-Hit Real Estate

Private Equity Has $300 Billion for Pandemic-Hit Real Estate

Real-estate bosses at Blackstone Group Inc. quietly smiled when Britain’s biggest-selling tabloid unwittingly endorsed their largest European real estate deal since the pandemic. The Sun’s front page teased readers that foreign travel curbs meant they’d be splashing...