The deal comes as the state-backed Russian Direct Investment Fund believes growth in the Russian economy means it’s the right time to invest in the telecom sector.
2 min read · 23 October 2013
The investment in the Crosby Group was made by KKR’s North America Fund XI, a $8bn 2012-vintage, which has now made seven investments.
1 min read · 23 October 2013
The exit comes as Mid Europa seeks to raise €1bn for its fourth buyout fund, which is expected to hold a first close before the end of the year.
2 min read · 23 October 2013
Unite has called for taxation reform for private equity-backed business, as well as an investigation into KKR-backed Alliance Boots, which it claims has avoided at least £1.12bn in tax.
4 min read · 23 October 2013
The sale of the feminine hygiene brand, which is understood to have generated a ‘close to 1.5x return’, is Electra’s third exit this year after making 15x on Allflex and 3x return on Esure.
2 min read · 23 October 2013
The merger between Greenpark Capital and StepStone Group comes after the Marleen Groen-led firm struggled to raise its latest secondaries fund.
2 min read · 09 October 2013
The firm, which spun out of AXA Group last month, is in exclusive talks to acquire a majority stake in French-based disinfection solutions provider Laboratoires Anios for €350m.
2 min read · 09 October 2013
The Sir Peter Burt-led firm, which aims to collect £150m for distressed and special situations in the UK lower mid-market, hopes to wrap up fundraising by the end of the first quarter of 2014.
2 min read · 09 October 2013
The appointment of Wolfgang Colberg comes as CVC gears up to deploy its new €10.5bn European and North American buyout fund.
2 min read · 09 October 2013
The social impact-driven firm has closed its third Sustainable Growth Fund on £125m, above its £100m target, after attracting new investors including the European Investment Fund and the London Pensions Fund Authority.
3 min read · 09 October 2013
