Ardian closes largest ever secondaries fund

Ardian closes largest ever secondaries fund

Ardian’s eight generation world’s largest secondaries platform signals continuing maturity of the market. Secondaries market offers necessary liquidity to investors amid global COVID-19 pandemic.     Ardian, a world leading private investment house, today...
Private Equity Lands Billion-Dollar Backdoor Hospital Bailout

Private Equity Lands Billion-Dollar Backdoor Hospital Bailout

KKR, Apollo, Cerberus own medical-services companies that received no-interest loans from HHS As the coronavirus pandemic upended the U.S. health-care system, EmCare IAH Emergency Physicians, a Houston staffing company owned by private equity firm KKR, made a...
KKR Spends Big and Fast to Avoid Mistakes of 2008 Crisis

KKR Spends Big and Fast to Avoid Mistakes of 2008 Crisis

When Covid-19 hit the world economy, KKR & Co.’s management jumped on calls and quickly agreed they’d seen this movie before. The plot contained a massive market dislocation, financing shutdown and uncertain future for company earnings. That was during the great...
U.K.’s Largest Private Pension Fund to Exit Coal, Tobacco Firms

U.K.’s Largest Private Pension Fund to Exit Coal, Tobacco Firms

The U.K.’s largest private pension manager plans to stop investing in companies involved with tobacco, thermal coal and controversial weapons. The Universities Superannuation Scheme, which oversees more than 68 billion pounds ($84 billion) of assets, will begin...
Baker McKenzie Hires Seasoned Private Equity Partner in Hong Kong

Baker McKenzie Hires Seasoned Private Equity Partner in Hong Kong

The strategic hire comes as the Firm expects increased PE deals across Greater China, Southeast Asia, Japan and South Korea The appointment further demonstrates the Firm’s commitment to growing its transactional capabilities and financial sponsor practice Baker...