I Squared Capital is considering selling a minority stake in Think Gas Distribution Pvt. that could value the Indian natural gas supplier at more than $1bn, according to people familiar with the matter. The private equity firm is working with an adviser to sell as...
Ares Management Corp. faces the sort of quandary that other financial firms might find enviable. It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to...
It’s easy to understand why super-wealthy individuals or oil-rich nations might want to buy football clubs. There’s the glamor of associating with a sport followed by billions of fans and, for governments with a challenging public profile, the chance to project a...
Investcorp, an alternative asset manager that counts Mubadala Investment Company as its biggest shareholder, has distributed $1.2bn in total to its GCC-based investors over the past 12 months, driven by “several value realisation initiatives”. The investment...
Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investment, raised $171m in the first closing of a blended finance debt fund that aims to accelerate the clean-energy transition in emerging markets. Long-standing partners such as US...