Private equity firms have made progress in adopting environmental, social and governance (ESG) principles in their investments in recent years, but they still find it hard to put their money where their mouth is. A recent study by advisory services firm BDO found that...
Jack Ma’s Ant Group Co. won a key approval from the China Securities Regulatory Commission for its listing in Hong Kong, paving the way for what could be the world’s biggest initial public offering. The Chinese regulator has given Ant a green light to seek a listing...
LLR Partners, a lower middle market private equity firm, announces the final closing of LLR Equity Partners VI, L.P. (together with its affiliated investment funds, “LLR 6”) at $1.8 billion, inclusive of the General Partner’s commitment. “LLR appreciates the support...
EQT AB hired Microsoft Corp.’s long-time dealmaker Marc Brown to lead a new growth investment team, adding to signs that private equity firms are seeking new strategies to diversify and boost returns. The move will give Stockholm-based EQT a foothold in a lucrative...
American Equity Investment Life Holding Co. (AEL) announced Monday that it has entered into a strategic Partnership With Brookfield Asset Management Inc., under which Brookfield will acquire a 19.9% ownership interest in American Equity. The company has rejected the...
