Silver Lake takes stake in breakdown firm RAC

Silver Lake takes stake in breakdown firm RAC

The RAC this morning said that private equity giant Silver Lake would take a stake in the breakdown assistance firm. The California-based investor will join GIC and CVC Strategic Opportunities I as a co-shareholder in the company. RAC chief executive Dave Hobday said...
Sustainable push sends Candriam assets to €150bn

Sustainable push sends Candriam assets to €150bn

European investment manager Candriam said its total assets rose 7.1% to €150bn in the first six months of the year, boosted by net inflows into its environmental, social and governance-focused funds. Demand to invest in ESG-related funds has surged over recent years...
Ares Charges Ahead With Plans to Reach $500bn in AUM

Ares Charges Ahead With Plans to Reach $500bn in AUM

Ares Management has revealed plans of more than doubling their $262bn in assets by 2025. That moonshot guidance was based on robust 2021 fiscal second quarter financial results reported in late July, which the company said was a snippet of what could come. On investor...