Mubadala invests $350m in Asian data center firm

Mubadala invests $350m in Asian data center firm

Mubadala Investment, the $243bn Abu Dhabi-based sovereign wealth fund, made a $350m equity investment in Princeton Digital Group, a Singapore-based pan-Asia data center operator, according to a news release. PDG’s existing shareholders — New York-based private...
KKR to Acquire Majority Stake in Refresco

KKR to Acquire Majority Stake in Refresco

Refresco Group, one of the largest independent beverage contract manufacturers in the world, and KKR, a leading global investment firm, today announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco’s existing...
Private equity firm Apollo launches $100m foundation

Private equity firm Apollo launches $100m foundation

Apollo Global Management, a manager of alternative assets such as corporate credit and private equity, said it has committed more than $100m over the next decade to a new foundation run by the firm’s employees that will provide grants to organizations focused on...