Adams Street Closes on $740 Million for Partnership Fund

Adams Street Closes on $740 Million for Partnership Fund

The final tally for the Chicago-based firm’s latest fund of funds caps off a busy fundraising year that brought in more than $2 billion Chicago-based private markets investor Adams Street Partners is capping a busy fundraising year with a $740 million closing of its...
Brookfield Is Considering a $1 Billion REIT Listing in India

Brookfield Is Considering a $1 Billion REIT Listing in India

Brookfield Asset Management Inc. is considering bundling its commercial real estate assets in India into a real estate investment trust for a listing next year, according to people familiar with the matter. The Canadian asset manager has held discussions on a...
Lone Star to Buy BASF Construction Chemical Ops for $3.5 Billion

Lone Star to Buy BASF Construction Chemical Ops for $3.5 Billion

An affiliate of Billionaire John Grayken’s Lone Star Funds agreed to buy BASF SE’s construction chemicals business for 3.17 billion euros ($3.5 billion). The deal, priced on a cash and debt-free basis, is expected to close in the third quarter of next year, subject to...
Britain gives U.S. investor go-ahead to buy Cobham for $5 billion

Britain gives U.S. investor go-ahead to buy Cobham for $5 billion

Britain has approved the purchase of British defense company Cobham (COB.L) by U.S. investor Advent International for $5 billion after the private equity group made commitments to address national security concerns. Business minister Andrea Leadsom had put the deal on...