EQT Revives $6.5bn Global Switch Deal

EQT Revives $6.5bn Global Switch Deal

EQT AB has resumed seeking to acquire Global Switch Holdings Ltd. in a deal that could value the data center company at around $6.5bn, people familiar with the matter said, months after earlier talks stalled over disagreements on valuation. The private equity firm is...
Investcorp to Raise $403m in Abu Dhabi IPO

Investcorp to Raise $403m in Abu Dhabi IPO

Investcorp Capital Plc and the Middle East’s biggest alternative asset manager, its parent, are looking to raise as much as 1.49bn dirhams ($403m) in an Abu Dhabi initial public offering. The price range for the investment vehicle was set at 1.90 dirhams to 2.30...
GCM Grosvenor Closes $882m Infrastructure Fund

GCM Grosvenor Closes $882m Infrastructure Fund

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...