Progressio SGR, the Italian private equity firm, is raising a new fund, Progressio Investimenti III, in response to LP demand and a doubling of proprietary deal flow over the past five years. Progressio will raise EUR225 million for a final close at the end of 2017,...
John P. Angelos agreed to sell the Baltimore Orioles to private equity billionaires David Rubenstein and Mike Arougheti, Puck News reported Tuesday. The transaction values the Orioles at $1.725 billion, according to the report. Rubenstein, a Baltimore native, had...
Walter Global Asset Management (WGAM), the private equity unit of Canadian investment group Walter Financial, is acquiring a minority stake in Madryn Asset Management, a US manager that focuses on investments in healthcare innovation. WGAM is paying an undisclosed sum...
The private equity backer of Six Nations Rugby is drawing up plans for a £1.5bn bid for Audiotonix, the British-based manufacturer of equipment used by bands such as Coldplay. Sky News has learnt that CVC Capital Partners is among the private equity firms examining...
PPM America Capital Partners (PPMACP) completed the final close of its eighth co-investment fund, PPM America Private Equity Fund VIII LP, and its parallel Fund VIII with $660 million in commitments. The close of the 2021 vintage fund marks the largest haul to date... 