Formula Brand Friso’s $2bn Sale Stalls on Valuation

Formula Brand Friso’s $2bn Sale Stalls on Valuation

Royal FrieslandCampina NV’s plan to sell its Friso infant nutrition brand is stalling amid valuation concerns, according to people familiar with the matter. The Dutch food group put the divestment process on hold after bids by shortlisted suitors fell short of...
PEF Advisors Closes $100m Affordable Housing Fund

PEF Advisors Closes $100m Affordable Housing Fund

Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, has closed its WNC Preservation Equity Fund 2, L.P. It achieved its target of $100m and is the second fund...