by Andreea Melinti | Jan 20, 2025 | News
A consortium of investors, led by Maverick Carter and advised by UBS Group AG and Evercore, is seeking to raise $5bn to launch a global basketball league. The league will feature six men’s and six women’s teams playing in eight cities worldwide. Singapore is one of...
by Andreea Melinti | Jan 20, 2025 | News
IMM Private Equity sold its remaining 1.38% stake in Woori Financial Group for 166.4 billion won ($115m). The firm executed the sale of 10.26 million shares through a block deal on January 9 at 16,218 won per share. IMM invested in Woori Financial in 2016, acquiring...
by Andreea Melinti | Jan 20, 2025 | News
The Los Angeles County Employees’ Retirement Association approved $2.2bn in commitments across private equity, private credit, fixed income, and real estate, underscoring its strategic push into private markets. These allocations are part of the pension fund’s...
by Andreea Melinti | Jan 20, 2025 | News
Monarch Collective, a private equity firm dedicated to women’s sports, raised over $200m, doubling its initial target of $100m. Founded by Kara Nortman and Jasmine Robinson, Monarch is redefining investment in women’s sports by providing both capital and strategic...
by Andreea Melinti | Jan 20, 2025 | News
KKR partnered with Gulf Data Hub, one of the Middle East’s largest independent data centre platforms, to invest over $5bn in expanding data infrastructure across the Gulf region. KKR’s investment, made through its Global Infrastructure strategy, includes acquiring a...
