Permira Closes Second Growth Opportunities Fund at $4bn

Permira Closes Second Growth Opportunities Fund at $4bn

Permira has exceeded its target to close its second Growth Opportunities fund at $4bn, more than doubling the size of an earlier fund in the series. The private equity firm said Wednesday that the fund builds on Permira’s technology and digital investing strategy....
OMERS sells stake in Scottish gas network for $1.6bn

OMERS sells stake in Scottish gas network for $1.6bn

The Ontario Municipal Employees Retirement System pension fund sold a long-held stake in the U.K.’s second-largest natural gas distribution network on Wednesday for $1.6bn, more than tripling its original investment and raising capital for new infrastructure projects....