by Sebastian | Sep 26, 2021 | News
Maryland State Retirement & Pension System, Baltimore, disclosed $1.5bn in commitments or investments from May through August, board documents from its Tuesday meeting show. In private equity, the $69.6bn pension fund committed $750 million to 11 managers. The...
by Sebastian | Sep 26, 2021 | News
Investcorp Holdings, one of the largest foreign buyers of U.S. real estate, remains bullish on the world’s biggest economy and expects the crisis enveloping China Evergrande Group to offer fresh opportunities for the private equity and alternative asset manager as it...
by Sebastian | Sep 25, 2021 | News
Italian gaming group Sisal has picked Deutsche Bank, JP Morgan and UniCredit to arrange an initial public offering at the beginning of next year, two sources close to the matter told Reuters on Friday. Sisal, which was bought by private equity firm CVC in 2016,...
by Sebastian | Sep 25, 2021 | News
Hong Kong tycoon Richard Li’s FWD Group Holdings landed a $400m investment as part of the Asian insurer’s plans for a multibillion-dollar U.S. listing. The capital will come via a private placement to a unit of Athene Holding Ltd., an insurance company backed by...
by Sebastian | Sep 25, 2021 | News
Clearwater Analytics Holdings was valued at about $5.5bn after a blockbuster stock market debut on Friday, in which its shares jumped over 30%, capping a successful week for initial public offerings of tech unicorns. Shares of the financial services software...
