Ares Management raises $5bn for private equity funds
The Los Angeles-based asset manager is on track to collect at least $30bn this year despite disruptions from the coronavirus pandemic
The Los Angeles-based asset manager is on track to collect at least $30bn this year despite disruptions from the coronavirus pandemic
Laxman Pai, Opalesque Asia: Some 70 investors with $16 trillion in assets have developed recommendations for investing sustainably in major asset classes that seek to limit the rise in global temperatures to less than 1....Article
Private equity giant Blackstone has acquired family history and genomics company Ancestry in a deal worth $4.7bn.
Black Bay Energy Capital, which targets the North America oilfield industry, is looking to raise its sophomore fund.
After a mere 14-month hold, Transom Capital has sold its portfolio company Pelco to Motorola Solutions. Pelco is a designer, developer and manufacturer of video security products including video security cameras, video management and recording
Turnspire Capital Partners has agreed to acquire the Goodyear Air Springs business from publicly traded EnPro Industries. Goodyear air springs are used by original equipment manufacturers and fleet operators for trucks, trailers, buses, and specialty
Gen Cap America has acquired TFM Services, a provider of facilities maintenance services, from Thrash, Inc. The buy of TFM is the eleventh platform for Gen Cap’s fourth fund. TFM provides janitorial and floor maintenance
Clean Streak Ventures, a platform company of MKH Capital Partners, has added Bay Breeze Car Wash and Lube to its portfolio of express car wash locations. Bay Breeze Car Wash operates seven sites located in
A drive by buyout firm Cerberus to force cost cutting at Commerzbank has run into resistance from Berlin.
Despite Covid-19, the Dutch lower-mid market firm is on track to reach the fund's €575m hard cap in the 'coming months'
Global private equity giant Blackstone has brought in former Pfizer CEO and chairman Jeffrey Kindler as its latest senior advisor.