CVC pulls back from IPO as turbulence hits

CVC pulls back from IPO as turbulence hits

Buyout giant CVC Capital has pushed back a planned move onto the public markets this year as market turmoil continues to take its toll on IPO activity, according to reports. The London-based firm has told analysts that it now plans to push its IPO into this autumn or...
TPG Targets $3.5bn for Second Healthcare Fund

TPG Targets $3.5bn for Second Healthcare Fund

TPG is seeking $3.5bn for its second fund focused exclusively on healthcare deals, according to people familiar with the effort. Commitments for the new vehicle, TPG Healthcare Partners II LP, are being raised as part of the firm’s broader campaign to collect a...
TowerBrook to acquire Premium Credit from Cinven

TowerBrook to acquire Premium Credit from Cinven

TowerBrook Capital Partners, a London and New York-based international investment firm, is to acquire Premium Credit Limited from Cinven. Premium Credit is a provider of premium finance for commercial and retail insurance products, as well as other specialist lending...