The World Bank’s private-sector arm has introduced new climate change conditions for its investments in commercial banks to encourage the lenders to wind down support for coal projects in Africa and Asia. The International Finance Corporation (IFC), which owns equity...
United Wholesale Mortgage is to go public via a merger with a blank-cheque company that values the mortgage lender at $16bn, in the largest such deal to date. Gores Holdings IV, the fourth special purpose acquisition company (Spac) backed by Los Angeles billionaire...
Swedish private equity group EQT said on Wednesday it has agreed to sell waste management company Synagro to West Street Infrastructure Partners III, an investment fund managed by Goldman Sachs. EQT, whose infrastructure arm bought Synagro seven years ago, said the...
CNBC recently reported that Oak Hill Advisors, a USD42 billion investment manager that focuses on distressed credit, had noticed a lot of investor interest in the asset class. Oak Hill’s president William Bohnsack stated they had invested about USD2 billion to USD3...
Advent International is considering a sale of Polish postal locker provider InPost SA, according to people familiar with the matter. The private equity firm is working with Citigroup Inc. on options for the business, the people said, asking not to be identified...
