Abu Dhabi Investment Authority related stories
All articles and analysis
PE-backed Petco files for IPOPet supplies retailer Petco Holdings Inc filed with U.S. regulators on Monday for an initial public offering of common stock, which would be its third listing since 1994.
Borealis Infrastructure partners in buy of Terra Firma's Tank & RastAllianz Capital Partners, Borealis Infrastructure Management, an affiliate of Abu Dhabi Investment Authority and MEAG, Munich Re (Group)'s asset manager, have teamed up to acquire Autobahn Tank & Rast Holding GmbH, a provider of food service, retail goods, hotel accommodation and fuel on German motorways. The financial terms of the deal were not disclosed. Tank & Rast is being sold by British private equity firm Terra Firma Capital Partners and Deutsche Asset and Wealth Management. The acquisition is expected to close later this year. Borealis is the infrastructure investment arm of the Ontario Municipal Employee Retirement System (OMERS).
Club deals return as LPs, GPs pool capital for buyoutsThe Blackstone Group recently heralded the return of the club-style deals that peaked prior to the 2008 financial crisis. But instead of working with other GPs, the largest private equity firm by AUM is tapping into a stream of capital from its larger fund investors in the face of higher deal prices.
Macquarie taps Citi for possible $1.7 billion Moto service station exit, say sources-ReutersAustralian infrastructure investor Macquarie (MQG.AX) has tapped Citi (C.N) to work on a potential sale of service station provider Moto in a deal that could be worth more than 1.1 billion pounds ($1.68 billion), sources told Reuters.
- Investor groups ready bids for German motorway station group, say sources-Reuters
Several investor groups are readying bids for German motorway service station group Tank & Rast, in a deal worth up to 3.5 billion euros ($3.8 billion), sources told Reuters.
CPPIB, PSP among bidders vying for Morgan Stanley gas network: ReutersThree bidding groups have entered the second round in the race for Spanish natural gas distributor Madrileña Red de Gas, owned by Morgan Stanley, sources told Reuters. Canada Pension Plan Investment Board is bidding alongside Allianz and Abu Dhabi Investment Authority for the asset, estimated to be worth between 1.2 billion euros (US$1.3 billion) and 1.8 billion, including debt. Public Sector Pension Investment Board and Arcus have also teamed up to make an offer.
Pack your bagsInternational LPs have billions of dollars to put to work – and a growing appetite for private equity. Here are some key players to visit on your next fundraising trip.
- Major overseas LPs you need to know
The following list was compiled by Buyouts through reporting, LP websites, market sources and media reports. Names are listed alphabetically.
Ardian spent more than $10.8 bln on secondaries last yearArdian, the fund of funds and secondary firm that spun out of French insurance giant AXA in 2013, deployed more than $10.8 billion in 2014 on secondary deals, representing up to one-third of total secondary deal volume.
Canadian pension funds among bidders for Indiana toll road: ReutersSome of the world's largest pension funds and infrastructure investors are forming consortia to bid for the operator of an Indiana toll road that filed for bankruptcy last month, sources told Reuters. Different investor groups are said to include Brookfield Asset Management, Canada Pension Plan Investment Board and Ontario Municipal Employees Retirement System. A transaction will likely value ITR Concession Co LLC, the operator of the toll road, at between US$4 billion and US$5 billion.