Ardian raises €2bn for new fund in six months

Ardian raises €2bn for new fund in six months

Paris-headquartered Ardian has reached a final close of its fifth small-cap fund at €2bn after just six months of fundraising, according to the firm. The fund, Expansion V, is double the size of its predecessor, which closed on €1bn in 2016.  The new strategy aims to...
The Hut Group shares soar 30% after bumper $7 billion London IPO

The Hut Group shares soar 30% after bumper $7 billion London IPO

The Hut Group’s shares soared more than 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal the first major British initial public offering in seven years. The company, which helps sell retail...
Premier Oil in talks with Chrysaor for refinancing alternative

Premier Oil in talks with Chrysaor for refinancing alternative

Premier Oil Plc PMO.L said on Tuesday it was in talks with private-equity backed oil producer Chrysaor and several other parties on alternative deals to secure long-term debt refinancing. Premier said last month it was seeking $530 million (£411 million) in fresh...
Billionaire Steve Cohen agrees to buy the New York Mets

Billionaire Steve Cohen agrees to buy the New York Mets

Billionaire hedge fund manager Steve Cohen has signed an agreement with Sterling Partners to buy the New York Mets baseball team, the two sides said in a statement on Monday. “I am excited to have reached an agreement with the Wilpon and Katz families to purchase the...