by Sebastian | Nov 1, 2023 | News
GCM Grosvenor has successfully closed its CIS III fund with committed capital of $882m, marking a 37% increase from the previous CIS II fund. This latest close has propelled the firm’s total infrastructure fundraising to an impressive $7.8bn since 2021. The...
by Sebastian | Nov 1, 2023 | News
Nasdaq Inc. completed its biggest ever acquisition, adding software provider Adenza to help transform the trading and markets firm into a full-fledged financial-services company. The exchange, which agreed to buy Adenza from Thoma Bravo for $10.5bn in June, will fold...
by Sebastian | Nov 1, 2023 | News
Asda Group today announces it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07bn – accelerating its growth in convenience and foodservice, bringing Asda’s value pricing closer to millions of customers. Asda and petrol forecourt...
by Sebastian | Oct 31, 2023 | News
Trivest Partners (“Trivest” or the “Firm”) announced the closing of Trivest Recognition Fund (“Recognition” or the “Fund”) at its hard cap with over $1.3bn of total capital commitments (including Trivest and its affiliates’ commitments) that will seek to generally...
by Sebastian | Oct 31, 2023 | News
KKR & Co. is raising a second Asia real estate fund, targeting $2bn to $2.5bn to spend across the region, according to people familiar with the matter. The new fund has amassed about $600m since late 2022, and the US investment firm is seeking to finish...
