HPS Targets $9.5bn for Fifth Junior Debt Fund

HPS Targets $9.5bn for Fifth Junior Debt Fund

Private markets investment firm HPS Investment Partners, which spun out of J.P. Morgan Asset Management in 2016, is pitching a new junior debt fund to investors, weeks after collecting $11.7bn for a separate fund focused on specialty loans. The New York-based firm’s...
Abrdn in talks over £1.5bn Interactive Investor takeover

Abrdn in talks over £1.5bn Interactive Investor takeover

Asset management giant Abrdn has confirmed it is in talks to buy stock-picking platform Interactive Investor. It comes after weekend reports that the FTSE 100 group, which renamed from Standard Life Aberdeen earlier this year, was finalising a deal worth £1.5 billion....
McAfee to go private in $14bn takeover by Advent

McAfee to go private in $14bn takeover by Advent

Cyber security firm McAfee on Monday said a consortium led by private equity firms Advent International and Permira would take it private in a deal worth $14bn. The investor group will buy all outstanding McAfee shares for $26 each in an all-cash deal that values...