by Sebastian | Nov 12, 2021 | News
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...
by Sebastian | Nov 12, 2021 | News
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....
by Sebastian | Nov 12, 2021 | News
The European Investment Bank and Allianz Global Investors said on Monday they plan to raise $577.55m for a fund aimed at bolstering climate mitigation and adaptation in developing countries. The Emerging Market Climate Action Fund (EMCAF), a fund-of-funds, is the...
by Sebastian | Nov 12, 2021 | News
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...
by Sebastian | Nov 12, 2021 | News
Growth investment major General Atlantic has held a $7.8bn final close for its sixth flagship fund, beating its $5bn target. The firm now has $23.8bn in committed capital and more than $78bn in assets under management. Bill Ford, chairman and CEO of General Atlantic,...