United Arab Emirates-based private equity firms Ithmar Capital and Gulf Capital are looking to sell shares to the public as they seek cash for new investments, according to sources, in a move emulating global peers, Reuters reported.
2 min read · 17 July 2014
3i Group Plc, a London-based private equity and venture capital company, said it appointed Caroline Banszky as a non-executive director.
1 min read · 17 July 2014
Swiss investment manager Partners Group increased total assets under management by to 33.8 billion euros ($46 billion) in the first half of 2014, up 7 percent on the end of last year, boosted by a retreat from bonds by yield-hungry investors.
2 min read · 17 July 2014
Blackstone Group LP, the world's largest alternative asset manager, said on Thursday its second-quarter earnings jumped 89 percent year-on-year as its private equity profits soared, marking its best second quarter ever.
1 min read · 17 July 2014
Indian software services provider startup Capillary Technologies has raised $14 million in a fresh round of funding, writes Reuters. The round was led by existing investors Sequoia Capital Partners and Norwest Venture Partners.
1 min read · 17 July 2014
Canadian private equity firm Onex Corp said it would buy York Risk Services Group Inc, an insurance claims services provider, for $1.33 billion.
1 min read · 16 July 2014
Drug capsule maker Capsugel is refinancing $1 billion of leveraged loans in a deal that also finances a $400 million dividend payment to its private equity owner KKR, banking sources told Reuters.
1 min read · 16 July 2014
When a fast-growing private equity firm co-founded by Jack Ma sought funding from institutional investors for the first time in early 2013, almost all had one major concern, its chairman said: was the firm independent from Ma, the influential executive chairman of Alibaba Group Holding, China's e-commerce giant.
4 min read · 16 July 2014
Private equity investor Lone Star has chosen UBS and JP Morgan to handle a stock market listing of its German commercial real estate group TLG Immobilien, two people familiar with the situation said.
1 min read · 16 July 2014
KKR & Co LP's co-founders Henry Kravis and George Roberts have indicated they intend to stay at the buyout firm for at least five more years, but two men - Scott Nuttall and Joseph Bae - are emerging as front-runners to eventually succeed them.
7 min read · 16 July 2014