Carlyle group to buy majority stake in funds network Calastone

Carlyle group to buy majority stake in funds network Calastone

The Carlyle Group said on Monday it had agreed to buy a majority stake in funds network Calastone from its current owners including venture capital investor Octopus Ventures and Accel for an undisclosed sum. Carlyle said the deal, for an unspecified stake in the...
Bayer to acquire TPG-backed Asklepios Bio worth up to $4 billion

Bayer to acquire TPG-backed Asklepios Bio worth up to $4 billion

Bayer agreed to acquire unlisted U.S. biotech firm Asklepios BioPharmaceutical Inc for as much as $4 billion in a bet on gene therapy with the help of modified viruses. Germany’s Bayer will pay $2 billion upfront and up to an additional $2 billion in milestone...
Jon Moulton warns of Brexit impact on private equity

Jon Moulton warns of Brexit impact on private equity

Jon Moulton, the veteran private equity boss, was a vocal supporter of leaving the European Union in the run-up to the UK’s in-out referendum on EU membership. Now, though, he fears Brexit could have a devastating impact on the UK’s financial services sector when the...