Twitter LinkedIn
    Sunday, October 1
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals & Transactions»Jefferies sells Oak Hill Capital stake to Kuwait-backed Wafra
    Deals & Transactions

    Jefferies sells Oak Hill Capital stake to Kuwait-backed Wafra

    October 4, 2022Updated:October 4, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Wafra Inc., the alternative-asset manager that invests on behalf of Kuwait, acquired a minority stake in private equity firm Oak Hill Capital from Jefferies Financial Group Inc.

    Jefferies said in a securities filing on Friday that it realized about $175 million in net revenue from the sale of its interest in Oak Hill and certain affiliates. It had owned the 15% stake since 2019.

    Over the past decade, Wafra and backers of its affiliate, Capital Constellation, have committed $5 billion to dozens of firms that count it as a co-owner. Wafra’s partners, including Alaska Permanent Fund Corp., Railpen and Sweden’s AP3, have made follow-on investments in excess of $8 billion, Adamson said. 

    Read more: BNN Bloomberg

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals and transactions PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Animal drugs maker Dechra agrees to lower £4.5bn takeover by Swedish private equity firm EQT

    June 3, 2023

    Warburg and Advent in the lead to acquire Baxter’s biopharma unit

    May 13, 2023

    BlackRock Sells Asset-Backed Bonds From Credit Suisse’s Books

    April 14, 2023

    KKR buys stake in communications firm FGS Global

    April 11, 2023

    Comments are closed.

    Other Articles

    Institutional Bitcoin Broker NYDIG Valued at $7B in Whopping $1B Funding Round

    December 20, 2021

    Apollo Impact to acquire approximately 67 per cent of RDM Group

    July 5, 2021

    Biopharma company Alvotech to go public in $2.25 bln SPAC deal

    December 7, 2021

    Events group Hyve in talks with Carlyle about £250m PIPE dream

    May 29, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?