Abu Dhabi Investment Authority related stories
All articles and analysis
PPD's private equity owners in talks to sell stakes: ReutersThe two buyout firms that own Pharmaceutical Product Development LLC (PPD) are in advanced talks to sell some of their stakes in the U.S. clinical trials firm at a price that would value the entire company at more than $9 billion, including debt, Reuters reported.
- PSP senior director departs
Mark Giuliani has left the $113bn fund, replaced by Sohail Lalani who joins from Abu Dhabi Investment Authority.
- CDH Investments closes China mid-market fund on $800m
The Beijing-based firm has reportedly exceeded its target of $600m for its latest China-focused vehicle.
- National Grid picks Macquarie-led group for $7 bn gas grid stake sale: Reuters
Britain's National Grid has sold a majority stake in its gas network in a 5.4 billion pound ($7 billion) deal which could test Prime Minister Theresa May's pledge to vet infrastructure sales to foreign buyers, Reuters reported.
- TDR races to first close on Fund IV – Exclusive
The mid-market firm has attracted demand in excess of €5bn for its latest offering.
- Terra Firma seals first deal since 2012
The acquisition of Welcome Hotels will be the first deal-by-deal transaction for the Guy Hands-led firm.
- Terra Firma to sell Infinis landfill gas assets to 3i Infra
The Guy Hands-led firm first floated parent company Infinis Group in 2013 and subsequently rebought the shares.
- ADIA opens office in Hong Kong for research purposes
The preeminent sovereign wealth fund of the country has opened a satellite office in Hong Kong which will house research professionals.
- Do not adjust your expectations
How can private equity be expected to deliver 2.5x and a 20% IRR in this environment?
KingSett to buy 50 pct of Scotia Plaza from Dream Office, H&R REIT: ReutersReal estate-focused private equity firm KingSett Capital is set to acquire 50 percent of Scotia Plaza, Canada's second tallest office building, from Dream Office REIT and H&R REIT, sources told Reuters. The potential sale comes about four years after Dream Office REIT, then called Dundee REIT, acquired two-thirds of the 2 million square-foot Scotia Plaza complex. H&R REIT bought the rest. The total sale price was about $1.3 billion.