The Abu Dhabi Investment Authority is preparing to sell around $2 billion of its stakes in private-equity funds, amid an increasing push toward direct investments by the sovereign wealth fund, people familiar with the matter said. ADIA is working with advisers at PJT...
Buyout groups compete with Finland’s Kone for one of the world’s biggest elevator makers What the lifts business lacks in stardust, it makes up for in size. And for lawyers, private equity executives and bankers, the industry will prove far from humdrum in the next...
The firm has said it sees a significant opportunity for expansion of its private equity business in Europe Ares Management Corporation has hired Stephane Etroy from Caisse de dépôt et placement du Québec as head of European private equity. Etroy will join the firm on...
To stay at the top, the firm is searching for opportunities in ‘buy-and-build’ and ‘hard-to-reach places’, says Dan Zilberman, its boss in Europe Warburg Pincus had its best year in Europe in 2019, according to the region’s boss Dan Zilberman. But with a record level...
The Barbarians are back at the gates, only this time they say they want to help. Private equity giant TPG is raising a fund to invest in public companies and will offer its experience to aid better decision making, according to people familiar with the matter. The...
