Trustar Capital, formerly known as CITIC Capital Partners, is said to be eyeing $3.5bn for its fifth China buyout fund. If successful, it will add another 25% to the already massive $2.8bn predecessor fund IV. The firm is also looking to raise $250m for a debut growth...
The £1.49bn acquisition of a direct investment platform with £55bn of assets under administration (AUA) and more than 400,000 customers has completed. Interactive investor (II) has been snapped up abrdn after it received the regulatory consents and shareholders...
The fate of New Zealand Rugby’s contentious deal with a US private equity firm should be known on Thursday, when members vote at a special general meeting in Auckland. If passed, Silver Lake will take a substantial stake in NZR’s commercial rights,...
Carlyle Group Inc. is seeking to raise $8.5bn for its biggest-ever Asian buyout fund, people familiar with the matter said. The Washington-based private equity firm has started meeting investors for its sixth buyout fund in the region, according to the people, who...
Chelsea has struck a deal to sell the Premier League club to a consortium led by Los Angeles Dodgers part-owner Todd Boehly and backed by Clearlake Capital. The new owners said they are “committed to investing in key areas that will extend and enhance... 