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Month: November 2021

As Pandemic Evictions Rise, Spaniards Declare ‘War’ on Wall Street Landlords

Protesters in Barcelona are pushing back against foreign investment firms that have bought up thousands of homes over the past decade and are forcing out residents who can’t pay the rent.

How Hunter Biden’s Firm Helped Secure Cobalt for the Chinese

The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries

Sierra Space scores astronomical $1.4bn Series A growth round to reach $4.5bn valuation

Commercial space business Sierra Space has scored a stratospheric $1.4bn Series A round, the second-largest private capital raise ever in the aerospace and defense sector. The post Sierra Space scores astronomical $1.4bn Series A growth

Värde Partners to exit undersea cable owner GCX to 3i in $512m deal

 3i Infrastructure has agreed a $512m deal to acquire communications service provider GCX from a consortium formed by Värde Capital, Bardin Hill Investment and Portsea Asset Management. The post Värde Partners to exit undersea cable

Tailwind agrees Core BTS sale to Nomura Research Institute after significant bolt-on growth

Services-focused private equity house Tailwind Capital jhas agreed to sell Fund III portfolio company Core BTS to Nomura Research Institute. The post Tailwind agrees Core BTS sale to Nomura Research Institute after significant bolt-on growth

Longpoint Realty Partners beat hard cap to close Fund II on $669m, doubles size of Fund I

Commercial real estate PE firm Longpoint Realty Partners has beat its hard cap to close its second fund on $669m, almost 50% above its initial target of $450m. The post Longpoint Realty Partners beat hard

EQT to sell G+E GETEC to JP Morgan after building business from Germany leader to European player

EQT has agreed to sell its stake in G+E GETEC to JP Morgan Investment Management after four years in its portfolio. The post EQT to sell G+E GETEC to JP Morgan after building business from

CPPIB buys into Oak Hill’s Berlin Packaging through recapitalisation deal

Pension fund giant CPPIB has teamed with Oak Hill Capital for a recapitalisation of Berlin Packaging. The post CPPIB buys into Oak Hill’s Berlin Packaging through recapitalisation deal first appeared on AltAssets Private Equity News.

CVC buys Unilever's tea business for EUR 4.5bn

CVC Capital Partners is to acquire Ekaterra, the tea business of consumer brands conglomerate Unilever, in a deal that values the company at EUR 4.5bn.

CVC buys Unilever's tea business for EUR 4.5bn

CVC Capital Partners is to acquire Ekaterra, the tea business of consumer brands conglomerate Unilever, in a deal that values the company at EUR 4.5bn.

Invision's Dr Deppe to hit DACH auction pipeline

Invision has mandated Rothschild for the sale of portfolio company Dr Deppe, a German disinfectants and cleaning-products specialist, according to three sources familiar with the situation.

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