by Sebastian | Jan 13, 2022 | News
HgCapital in London is targeting roughly $14.75bn for two new buyout funds less than two years after it secured almost $10bn for the strategies. The firm aims to collect at least $8.5 billion for Hg Saturn 3 LP, its large-company buyout fund and €5.5 billion,...
by Sebastian | Jan 13, 2022 | News
Private-equity firm TPG said on Wednesday it raised $1bn in its U.S. initial public offering (IPO) at a valuation of $9.1bn. TPG’s stock market debut comes a decade after most of its major peers went public. The firm spent years recovering from a string of poor...
by Sebastian | Jan 12, 2022 | News
Cerberus’ sale this week of part of its sizeable holdings in Deutsche Bank (DBKGn.DE) and Commerzbank is likely the first step to a full exit from the lenders by the U.S. investor, said two people with knowledge of the matter. For years, profits in the financial...
by Sebastian | Jan 12, 2022 | News
MBK Partners, a North Asia-focused private equity firm founded by billionaire Michael Kim, has agreed to sell a roughly 13% stake to Dyal Capital Partners, according to people with knowledge of the matter. The transaction is valued at about $1 billion, the people...
by Sebastian | Jan 12, 2022 | News
Citadel Securities said on Tuesday venture capital firm Sequoia Capital and crypto-focused investment company Paradigm had made a $1.15bn minority investment in it, giving the market maker founded by billionaire Ken Griffin a valuation of nearly $22bn. The funding...
