Private equity news
- Ares Australia Management has launched its first Australian product, the Ares Global Credit Income Fund.
- The fund will offer its investors a flexible and dynamic investment plan meant to navigate shifting markets.
- The firm is keen on investing in credit issuers with highly diversified portfolios and stable incomes.
Latest Private equity news
As per the recent announcement from Manulife Investment Management (Manulife), it has committed around $1.5 billion to Manulife Private Equity Partners (MPEP). Manulife Investment Management is known to work diligently towards offering specialized solutions for asset management to global investors. MPEP is Manulife’s Private Market’s Group’s first fund of funds product. Manulife Used Its Existing Funds Portfolio To Seed The Fund In order to seed...
In the past three years, we have seen a boom in private equity (PE), and venture capital (VC) funds investing billions. In 2016 they invested about $12.8 billion, which tripled to $36.3 billion in 2019 across asset classes and deal sizes. The growth has been robust and diverse for a prolonged period. Deal flow is making a buzz. From nearly 450 deals a decade ago, the Market now sees close to 900. Not only are funds clinching more deals, but...
A private equity firm plans to buy Harwood Wealth Management for £91m. Harwood Wealth Management is in the business advisory business. On Monday, the wealth manager announced Hurst Point Topco Ltd, backed by a private equity parent Carlyle had agreed on terms to buy Harwood. The PE firm values Harwood at 16.3 times its unaudited adjusted earnings. The wealth manager’s directors have already committed to back the sale, with shares representi...
Asia-focused lender to also sell majority of private equity investment portfolio
Asia-focused lender sends teaser documents to potential bidders
Clayton Dubilier & Rice and Bain Capital team up to make offer for division
Division takes cut of Rush hair salon
Anglo-Dutch oil major agrees to offload certain assets in Gulf of Mexico
LDC generates 2.6x return on Waterfall sale
Move comes after family-owned manufacturer returns to growth
Barclays to be sued by water utility over electricity price manipulation
Acromas raises £239 million from latest share sale
Acromas to retain 68% stake in over-50s services provider
Shares in Serco Group PLC rose on Wednesday after The Times of India reported that four private equity groups are interested in buying its Indian outsourcing division
Bank may need up to $4.4 billion to shore up commodity losses
Electra Private Equity PLC is set to receive loan repayments amounting to about GBP35 million due to the sale of the JOC Group to information company IHS Inc by a portfolio company of the FTSE 250 investment trust's manager, Electra Partners LLP
Electra Private Equity PLC Monday said it will launch a review covering its fee arrangements, capital structure and distribution policy with manager Electra Partners LLP, shortly after shareholders rejected activist investor Edward Bramson's proposals to make changes to its board and lead a strategic review of the business.