THE son of one of Chanel’s billionaire owners is building a team to help run his private equity venture as a huge luxury goods fortune trickles down to the fourth generation. David Wertheimer, 37, whose father Gerard is one of the brothers behind the purveyor of...
Private multi-asset alternative investment firm Bain Capital is to acquire PowerSchool Holdings, a provider of cloud-based software for K-12 education, in a transaction valuing the business at $5.6bn. Under the terms of the agreement, PowerSchool stockholders will...
The Big 12 is reportedly considering welcoming private equity investment, as well as selling its naming rights to a title sponsor, according to several outlets in the US. CBS was first to report that the US college sports conference was in talks with CVC Capital...
Ares Management Corp. is exploring a potential deal for real estate investment firm GLP Capital Partners Ltd., which could rank as one of the biggest combinations in the alternative asset management industry in recent years, people with knowledge of the matter said....
US private equity firm Advent International and a subsidiary of the Abu Dhabi Investment Authority will acquire a $2.5bn to $3bn minority stake in money management firm Fisher Investments, valuing FI at $12.75bn. Following completion of the deal, which marks the... 