by Sebastian | Dec 10, 2021 | News
Pennsylvania State Employees’ Retirement System, Harrisburg, approved four new investment commitments totaling up to $350m, confirmed Pamela Hile, spokeswoman for the $39bn system. At its Wednesday meeting, the system’s board agreed to commit up to $100...
by Sebastian | Dec 10, 2021 | News
Spanish clubs approved a £1.7bn investment from private equity fund CVC Capital Partners, but Barcelona and Real Madrid opted out. In the first deal of its kind in Europe, 37 clubs voted in favour of the “La Liga Boost” deal that buys CVC an 8.2 per cent...
by Sebastian | Dec 10, 2021 | News
Bain Capital Real Estate has closed a $3bn fund, nearly double its initial target, as investors bet that U.S. property deals will provide high yields and inflation protection, Bloomberg reported. Private equity firms have been hoarding dry powder to buy real estate,...
by Sebastian | Dec 10, 2021 | News
Hitachi is considering options to streamline its business including the potential sale of its minority stake in a transportation unit, according to people familiar with the matter. The Japanese conglomerate is working with a financial adviser to field interest for its...
by Sebastian | Dec 10, 2021 | News
According to Spanish daily newspaper Cinco Días, private equity group Blackstone will seek to launch an initial public offering (IPO) for Spanish gambling giant Cirsa. The deal is reportedly estimated at up to $3.4bn and could be one of the most significant for the...