Wanda Sports Group Co., the China-based sports marketing and event promoter, is considering selling the Ironman triathlon business it bought in 2015, according to people familiar with the matter. The company, part of Chinese billionaire Wang Jianlin’s conglomerate, is...
Jupiter Fund Management Plc snapped up rival U.K. asset manager Merian Global Investors as the industry faces pressure to consolidate. The British fund manager will make a payment of 370 million pounds ($482 million) through the issue of new Jupiter stock to Merian...
Intermediate Capital Group (ICG) has announced the appointment of Uzair Dossani, Evan Eason and Kevin Gregory to its North American Mid-Market Private Equity team, based in New York. The three highly experienced individuals, who have over 50 years’ combined...
Dell Technologies Inc. has sold one of its cybersecurity units, RSA, to a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board and AlpInvest Partners, part of the computer maker’s efforts to streamline its business. The $2.08 billion...
Family offices are planning to increase their exposure to private equity — the second biggest allocation in their portfolios — amid doubts that hedge funds can protect their wealth in a downturn, according to UBS. Wealthy families aren’t showing hedge funds much love,...
