Bridgepoint hits £1.5bn hard cap on lower mid-market fund

Bridgepoint hits £1.5bn hard cap on lower mid-market fund

Bridgepoint Development Capital has hit the £1.5bn hard cap on its fourth fund, 50% above its initial target, Private Equity News can reveal. The fund is also more than double the size of its predecessor, which raised £605m in 2016, and it is now 80% deployed with 12...
KKR in Advanced Talks for $1 Billion Reliance Retail Stake

KKR in Advanced Talks for $1 Billion Reliance Retail Stake

KKR & Co. is in advanced talks to invest at least $1 billion in the retail business of Indian billionaire Mukesh Ambani, according to people familiar with the matter, in what could be another U.S. investment in the unit following Silver Lake’s deal. KKR is in...
UPDATE: Silver Lake to invest $1.02bn in Reliance Retail Ventures

UPDATE: Silver Lake to invest $1.02bn in Reliance Retail Ventures

Silver Lake has agreed to invest 75 billion rupees ($1.02bn) in the retail arm of Indian conglomerate Reliance Industries, the US private equity firm’s second billion-dollar investment in the company. The investment values Reliance Retail Ventures at INR4.21...