PerkinElmer agreed to sell three of its businesses to private equity firm New Mountain Capital for up to $2.45bn in cash, as it looks to focus on its life sciences and diagnostics businesses under a new name. Proceeds from the divestiture will be used to invest in...
Bain Capital LP has begun raising a $5bn fund for Asia-Pacific, smaller than the amount sought by global buyout peers in the recent past, people familiar with the matter said. The Boston-based buyout firm started marketing its fifth Asia fund in July, targeting a...
Universities Superannuation Scheme (USS) announced the acquisition from Blackstone-owned Bourne Leisure Group on its website. The UK’s largest private pensions scheme is reported to have bought Butlin’s assets in a £300 million ground rent deal. It was in November...
Banner Ridge Partners, a multi-strategy private equity investment firm with over $3.8bn in assets under management, has completed fundraising for Banner Ridge DSCO Fund II at its hard cap with $639m of total commitments. DSCO II is the successor fund to Banner Ridge...
Arena Investors, a global institutional asset manager specializing in opportunistic, asset and yield oriented investments, today announced the final close of Arena Special Opportunities Partners II, LP and Arena Special Opportunities Partners II. The Fund is... 