L Brands is close to striking a deal to sell Victoria’s Secret to private-equity firm Sycamore Partners, CNBC reported on Sunday. The parent company of the troubled lingerie label could announce a transaction this week, CNBC said, citing people familiar with the...
With an average portfolio size of €480,000, Moonfare is aiming to reach €1bn in AuM next year. Berlin-based Moonfare has helped funnel a quarter of a billion Euros from high net worth investors into private equity funds, the startup announced today. The €250m...
Barclays Plc had the deal seemingly locked up. Along with a trio of smaller lenders, the bank had agreed to arrange a $1.1 billion loan for ACProducts’ buyout of a unit of rival Masco Corp. While the terms of the financing weren’t quite as good as the kitchen-cabinet...
Second influential investor group demands lender adopts stricter climate change policy Barclays is under intense pressure over its role in financing fossil fuel producers after a second influential group of big shareholders demanded the British lender adopts a...
The industry’s assets under management could reach $5tn by the end of 2022, says data provider Preqin Private equity firms are now managing more money than ever before. The strong fundraising and rising returns have helped push the industry’s assets under... 