KKR Invests Record $6.2 Billion With Turmoil Spurring Deals

KKR Invests Record $6.2 Billion With Turmoil Spurring Deals

KKR & Co. deployed a record amount of capital in the third quarter, taking advantage of turmoil spurred by the Covid-19 pandemic. The firm invested about $6.2 billion in markets across private equity, infrastructure and real estate, New York-based KKR said Friday...
AnaCap acquires fintech arm of Carrefour in €300m deal

AnaCap acquires fintech arm of Carrefour in €300m deal

Carrefour will book a gain of €245m after it agreed to sell a 60% stake in its payments platform Market Pay to private equity firm AnaCap Financial Partners. The French grocer group said that the all-cash deal gives the business an enterprise value of about €300m. The...
UBS makes private markets push with Partners Group tie-up

UBS makes private markets push with Partners Group tie-up

UBS is entering into a tie-up with Switzerland’s Partners Group, the bank said on Friday, in a move to give its clients access to lucrative private markets normally accessible by only the wealthiest investors. The partnership will broaden access to the...
Blackstone pays £473m to join the warehouse party

Blackstone pays £473m to join the warehouse party

Blackstone has completed the largest warehouse investment purchase on record in Britain as demand is fuelled by the rise of online shopping. The American private equity group has bought a £473 million portfolio of warehouses around the country from Prologis, a New...
Ares Management in talks to buy Australia’s scandal-hit AMP

Ares Management in talks to buy Australia’s scandal-hit AMP

Shares in AMP, one of Australia’s biggest financial groups, surged after a US private equity group said it was in talks to buy the scandal-hit wealth manager in a move that could trigger a bidding war. Sydney-based AMP said on Friday that Los Angeles-based Ares...