India’s Alteria Capital Advisors is in talks with investors to raise up to $438m for its third debt fund, according to internal documents reviewed by Reuters. The discussions, which come less than a year after Alteria raised 18.2 billion rupees for its second fund,...
Private equity firms Bain Capital and Advent International are looking to exit Quest Global Services, six years after investing in the engineering outsourcing firm, said people aware of the matter. The two funds together own about 33% of the company. Singapore...
Global banks stuck with $80bn in unappealing M&A financing debt are trying new tactics to find buyers. In the case of the private-equity buyout of Citrix Systems Inc., they’re cutting the debt into smaller pieces to attract a wider pool of investors. Euro debt is...
Seawall Capital has taken a majority stake in Sports Endeavors, the owner of sports apparel brands such as Soccer.com and 431 Sports. Sports Endeavors is the team behind Soccer.com, the leading source for player and fan gear in the U.S. Soccer.com partners with...
Investors in buyout funds haven’t had to worry about cash calls for a while. When asked for fresh capital by Blackstone and others, they could find the money in a steady stream of profits from older vintages. That won’t work in a prolonged market slump. Private-equity... 