by Sebastian | Mar 8, 2022 | News
Saudi Crown Prince’s $500bn Neom high-tech hub is seeking to lure international interest as the project gathers pace, Bloomberg reported. In an attempt to do so, executives from the megaproject have invited bankers, investors, private equity firms, and construction...
by Sebastian | Mar 7, 2022 | News
Cornerstone Building Brands, a manufacturer of exterior building products, said on Monday it has agreed to be taken private by shareholder Clayton, Dubilier & Rice (CD&R) in a $5.8bn deal, including debt. The private equity firm, which owns about 49% of...
by Sebastian | Mar 7, 2022 | News
Private equity set a remarkable new standard for itself in 2021. Buyout deal value reached an all-time high of $1.1 trillion, doubling 2020’s total of $577 billion and shattering the previous record of $804bn set in 2006 during the exuberant run-up to the global...
by Sebastian | Mar 7, 2022 | News
Apollo Global Management has explored launching a stand-alone sports private equity fund, according to multiple people familiar with the matter, though a fund start-up does not appear to be imminent. Apollo is one of the world’s largest private equity funds, with...
by Sebastian | Mar 7, 2022 | News
US-based private markets asset manager HarbourVest Partners has held a final close of its HIPEP IX Fund, a vehicle that will invest in Europe and the Asia-Pacific, at over $1.6bn. The fund close surpassed its target of $1.25bn, HarbourVest said in a statement....