AIG swings to profit on private-equity investments
The global insurance conglomerate was helped by absence of pandemic-related charges
The global insurance conglomerate was helped by absence of pandemic-related charges
Three Hills Capital Partners has sold its minority stake in Netherlands-headquartered environmental commodities trading platform ACT to Bridgepoint in a deal that values the company at USD 1bn.
Opalesque Industry Update - This year's surge in redemptions from precious metals exchange-traded products (ETPs) in Europe has been offset by a growing demand for broad-basket commodities funds and, separately, investment opportunities in the industrial
Clearlake Capital Group has agreed to acquire BakeMark from Pamplona Capital Management. BakeMark is a manufacturer and distributor of bakery ingredients and supplies including mixes, fillings, icings, glazes, commodities (eggs, flour, and dairy), frozen products
India's Motilal Oswal Private Equity is eyeing almost $540m for its fourth fund targeting the country. The post India’s Motilal Oswal PE eyes $540m for fourth fund first appeared on AltAssets Private Equity News.
US private equity house Lone Star Funds has reportedly laid off most of its Asian investment team outside Japan after struggling to find investment opportunities in the region. The post Lone Star said to have
Z Capital Partners has agreed to sell Premier Thermal Solutions, a provider of metal heat treating and processing services, to Aalberts NV. In March 2017, Z Capital acquired Atmosphere Annealing LLC and NitroSteel LLC –
Buyout giant Blackstone has agreed to pick up a controlling stake in Indian online learning "bootcamp" Simplilearn Solutions. The post Blackstone agrees first Asian consumer tech deal by backing online learning ‘bootcamp’ Simplilearn first appeared
Asian private equity firm Creador has reportedly reached a $500m first close for its fifth fund, putting it within touching distance of its target. The post Creador strikes $500m first close for fifth fund, looks
MUMBAI--(BUSINESS WIRE)-- KKR, a global investment firm, and Vini Cosmetics (“Vini” or “the Company”), a leading branded personal care and beauty products company in India, today announced the completion of KKR’s purchase of a majority
Publicly traded nVent Electric has acquired electro-mechanical products manufacturer CIS Global from Guardian Capital Partners for approximately $200 million. CIS is a provider of equipment used in data centers and consumer appliances. In the IT
Incline Equity Partners has acquired Edko, a provider of herbicide-based vegetation management services. Edko provides utilities, municipalities and other operators of infrastructure rights-of-way with planning and implementing herbicide-based treatment programs for tree growth regulation, brush
Indian state-owned companies have returned in force to the loan market, raising funds for their planned capital expenditure as Covid-19 cases slow in the country. But the aggressive pricing offered by local banks means foreign
Indian unicorn Zomato, a food delivery service, has set the final terms for its up to Rp98.9bn ($1.32bn) IPO.
MUMBAI, India--(BUSINESS WIRE)-- KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will acquire Global Infrastructure Partners’ (“GIP”) entire interest in Highway Concessions One (“HC1”) and seven highway assets
Posted by Robert S. Velevis and Lora Chowdhury, Sidley Austin LLP, on Tuesday, June 29, 2021 Editor's Note: Robert S. Velevis is partner and Lora Chowdhury is an associate at Sidley Austin LLP. This post
The Nordic private equity market continued to see record levels of deal value in Q1, with valuations soaring even higher as pandemic-driven uncertainty gave way to optimism in many sectors, say Clearwater International partners Tomas
KKR will work closely with Co-Founders Darshan Patel and Dipam Patel and existing investor WestBridge Capital to position Vini for its next phase of growth Investment represents KKR’s continued commitment to supporting India’s homegrown champions
Eagletree Capital has agreed to buy business outsourcing services provider Integreon from fellow private equity house NewQuest Capital Partners. The post NewQuest exits Integreon to EagleTree after business expansion, repositioning first appeared on AltAssets Private