Over the past decade, family offices have become a significant driving force in global investment and innovation. Despite uncertainties caused by the COVID-19 pandemic and the threat of an encroaching global recession, family offices remain cautiously optimistic about...
KKR has acquired Citation Group from Hg, becoming the third private equity owner of the UK business service provider. The terms of the transaction were not disclosed. HgCapital Trust, the listed investment company of London-based Hg, said in a statement it would...
HSBC Global Asset Management (GAM) has closed its second Vision Private Equity fund, raising more than $260m. The fundraising is in line with its predecessor strategy, wrapped up at $250m in June last year. The vehicle aims to make primary, secondary and direct...
Brazilian pet shop chain Petz plans an initial public offering (IPO) of shares to raise up to 3.4 billion reais ($611.79 million), it said in a securities filing on Thursday. The company, controlled by private equity firm Warburg Pincus LLC, set a price range of...
Short-term home rental company Airbnb Inc said on Wednesday it filed confidentially for an initial public offering with U.S. regulators, setting the stage for one of 2020’s marquee U.S. stock market debuts. The move underscores a rebound in parts of the travel...