American private equity giant Sun European Partners is in “advanced discussions” over a £258m cash offer to buy professional services group K3 Capital. K3 has revealed it had received expressions of interest from “multiple parties” but only Sun is considering a bid. A...
The private equity secondaries market is primed to boom next year. LP demand for liquidity, driven by the denominator effect and a dry exit market, is expected to push record levels of deal flow in the private equity secondary market, according to secondaries-focused...
CVC Capital Partners is exploring options for Razer Inc., less than a year after taking the gaming peripherals maker private in a $3.2bn deal, according to people familiar with the matter. The buyout firm is conducting a strategic review of Razer and has held initial...
Blackstone Chief Executive Stephen Schwarzman said on Wednesday that redemptions in his firm’s $69bn non-traded real estate income trust (REIT) were driven by investors roiled by market volatility rather than dissatisfaction with the fund. Blackstone shares have...
Deutsche Bank AG’s asset management arm DWS Group is considering a sale of its private equity secondaries business as part of a plan to pull back from areas where it doesn’t have sufficient scale. DWS has been pitching the unit to interested parties, people familiar... 