by Sebastian | Jul 15, 2022 | News
Private equity firms and asset managers are plowing billions into the student and college housing industry as they look to further capitalize on rising real estate values and an unprecedented global student housing shortage. Led by Blackstone’s April agreement...
by Sebastian | Jul 15, 2022 | News
The $431.7bn Canada Pension Plan Investment Board has invested $334m to acquire a 19.3% stake in Colombia-based discount grocery store chain D1, formerly known as Koba Colombia. The deal marks the pension giant’s first direct private equity investment in the country....
by Sebastian | Jul 15, 2022 | News
Yes Bank Ltd’s board has chosen JC Flowers Asset Reconstruction Co as the highest bidder to become the joint venture partner for the sale of bank’s $6bn bad loans. With the final approval from the Board Credit Committee on July 13, 2022, the Bank said it has “signed a...
by Sebastian | Jul 15, 2022 | News
Apax Partners is weighing a sale of Candela Medical in a deal that could value the aesthetic device maker at more than $1bn, people with knowledge of the matter said. The private equity firm is sounding out potential suitors, including other buyout firms, the people...
by Sebastian | Jul 15, 2022 | News
The California Public Employees’ Retirement System sold about $6bn of its stakes in private equity funds to second-hand buyers, severing ties with a slew of past managers and freeing up cash for new wagers. The $440bn public pension fund, the largest in the US, has...