“Before corona the plan was to go and do a big fundraise at the end of the year,” says Avi Meir, the co-founder and CEO of TravelPerk, from a lockdowned Barcelona. However, those plans are now on hold. Seeking funding now “would look like a bargain...
Mid-sized firms are using earn-out provisions to find a middle ground between buyers and sellers amid COVID-19 uncertainty. With little visibility on revenue or the timing for an economic recovery, middle-market private equity firms are turning to a tried and true...
KKR & Co. said it negotiated its biggest Asian transaction, a $1.5 billion deal to buy stake in Mukesh Ambani’s India-based digital platform business, in 10 days. The New York-based private equity firm on Friday said it’s buying a 2.3% stake in Jio Platforms Ltd.,...
Asset allocators are likely to have the upper hand over managers in any near-term commitments to private capital funds, if recent history is any indication. Preqin data from 2009 indicates that limited partners were better able to negotiate lower fees and other...
Indian billionaire Mukesh Ambani extended a fund-raising streak in the digital platform business he leads, adding a 113.7 billion rupee ($1.5 billion) investment by KKR & Co. to help his Reliance Industries Ltd. conglomerate pay down debt. The deal gives the New... 